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Tag: china tax revenue dropped

China’s Q1 fiscal revenue falls as tax cut policies weigh

Posted on April 23, 2024 By admin
China’s Q1 fiscal revenue falls as tax cut policies weigh

The world’s second-biggest economy grew faster than expected in the first quarter. File | Photo Credit: Reuters China’s fiscal revenue in the first quarter fell 2.3% from a year earlier, as some special factors including previous tax cut policies weighed, the Finance Ministry said on April 22. The world’s second-biggest economy grew faster than expected…

Read More “China’s Q1 fiscal revenue falls as tax cut policies weigh” »

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