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China fiscal policy 'has room to support the economy'

Reuters  |  BEIJING 

(Reuters) - A Chinese said on Friday China's has room to support the economy, adding that the central government's fiscal deficit ratio should be higher this year than in 2017.

The should use fiscal funds to replenish the capital of state-owned financial institutions and ease the strain in financial market deleveraging, Xu Zhong wrote for

(Reporting by Monitoring Desk)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 13 2018. 14:34 IST