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Home » Economy » UPDATE 1-China says 2021 outlook 'quite grave' for govt revenue, expenditure UPDATE 1-China says 2021 outlook 'quite grave' for govt revenue, expenditure March 5, 2021 (Adds details) BEIJING, March 5 (Reuters) – The outlook for China’s government revenue and expenditure this year is “quite grave”, the finance ministry said on Friday in its annual budget report. “On the whole, the outlook for government revenue and expenditure in 2021 appears quite grave, with even greater difficulty in balancing the budget and risks in key areas such as debt that cannot be overlooked,” it said in the report...
