China data dives, but Beijing balks at fiscal splurge
|
Beijing
is, therefore, likely to stick to an overall budget deficit target next year
of around this year's record 4% of GDP. That's high for China ... |
Alibaba Is a Window Into China's Two-Speed Economy
But like the Chinese economy itself, Alibaba isn't firing on all cylinders. Its e-commerce unit, which contributes half of revenue, has been weighed ... View article...