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Dow Jones Newswires: China’s finance minister says local government finances mostly stable

China's finance minister pledged to boost fiscal spending to shore up the economy and expressed confidence in managing the country's huge government debt. Read More...

China’s finance minister pledged to boost fiscal spending to shore up the economy and expressed confidence in managing the country’s huge government debt.

Local government finances remained mostly stable in 2022 and were likely to further improve this year amid an economic rebound, Finance Minister Liu Kun said at a press conference on Wednesday.

China’s…

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