China's fiscal revenue may maintain declining trend in second quarter: finance ministry

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China's fiscal revenue may maintain a declining trend in the second quarter due to significant economic uncertainties, although it may start growing in the second half of the year, the finance ministry said on Friday.

Chinese Premier Li Keqiang delivers a speech at the opening session of the National People's Congress at the Great Hall of the People in Beijing, China May 22, 2020. REUTERS/Carlos Garcia Rawlins

BEIJING - China’s fiscal revenue may maintain a declining trend in the second quarter due to significant economic uncertainties, although it may start growing in the second half of the year, the finance ministry said on Friday. China’s fiscal revenue fell 14.5% in the January-April period, the ministry said in a policy report, citing the impact from the coronavirus outbreak and government efforts to cut taxes and fees.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

And? Billions of us have had our income reduced to nothing.

Yes China puts us all into this global economic decline and great loss of human lives. The virus shows that no country can stand alone. Sth bad happening in other side of the world could affect all of us at the end, only a matter of time.

Oh so now they’re telling the truth? PretendsToBeShocked

What kind of brainwashing is this? Who is expected to believe the Chinese communist government

After the damage they have caused to this world cry on ccp

This bat will save them

Still can't let go Reuters, that old China will fail story? 😆

Hmmmmmm

Fck china 😉😉

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Stocks Rally, Dow Gains 300 Points Despite Trump’s Latest China ThreatsIt’s been a volatile week for stocks so far. I have prepared some popcorn and wait for the deeeeeeeep fall. Media on left are just UNREAL, if it is raining out they blame Trump-one media reported Trump can not swim, he was seen walking on water Something is very wrong with the stock market!
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