The Chinese leadership, including President Xi Jinping, at an extraordinary cirtual leaders' summit on Covid-19. Photo: EPA-EFE

Coronavirus: China to raise fiscal deficit ratio after G20 pledges US$5 trillion economic rescue package

  • President Xi Jinping says China will raise its fiscal deficit ratio and issue special bonds to stimulate the economy
  • China has already contributed US$344.1 billion to the global economic rescue package announced by the G20, foreign ministry says
Topic |   China economy
The Chinese leadership, including President Xi Jinping, at an extraordinary cirtual leaders' summit on Covid-19. Photo: EPA-EFE
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