China says fiscal support to remain flexible, debt ratio ‘reasonable’
BEIJING (Sept 12): China’s fiscal policy has ample room, the government’s debt ratio remains “reasonable” and risks are controllable, Finance Minister Lan Foan said on Friday, pledging a more flexible fiscal push to shore up economic growth. The world’s second-largest economy has been hobbled by persistently weak domestic demand, a multi-year property crisis and mounting US trade pressure. Exports slowed in August as the boost from a…

