China slowdown raises questions over military and social spending
China is stepping up its monetary and fiscal measures to stimulate the economy. But how great are the risks? A January 2015 Deutsche Bank report states that ‘China will likely face the worst fiscal challenge since 1981’ as fast-falling land sales - long the lifeblood of fiscal revenue - result in local government income contracting by two per cent. GIS guest expert Cameron Frecklington looks at the figures against a background of increased military spending and looming social issues.
CHINA’S golden years of economic expansion are now firmly behind it, with its GDP growth falling to seven per cent in the first...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.