via @Schuldensuehner:
Just to put things into perspective. DB highlights that China total govt spending rose by 23% in Q1. DB analysts noted that fiscal policy was eased by a fairly eye catching 6ppts of nominal GDP in Q1, so China GDP upside surprise not so impressive!
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
2 views