January 08, 2012 at 07:39 AM EST
China seems to know how it works
China Should Seek ‘Relatively High’ Deficit Jan 5 (Bloomberg) — China should seek a “relatively high” fiscal deficit this year to stabilize the economy, Jia Kang, a researcher at the Ministry of Finance, wrote in an article in China Finance magazine. A growth rate of at least 8% this year is acceptable, Jia says.
China Should Seek ‘Relatively High’ Deficit

Jan 5 (Bloomberg) — China should seek a “relatively high” fiscal deficit this year to stabilize the economy, Jia Kang, a researcher at the Ministry of Finance, wrote in an article in China Finance magazine.

A growth rate of at least 8% this year is acceptable, Jia says.

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