Seeking Alpha

China has set itself a GDP target of 7.5% for 2013, which would be below last year's 7.8%. At...

China has set itself a GDP target of 7.5% for 2013, which would be below last year's 7.8%. At the opening of the annual National People's Congress, the finance ministry said it plans to increase the country's budget deficit to 1.2T yuan (192.8B), or about 2% of GDP from 1.6% in 2012. Much of the increased spending will go on social programs such as health, education and the environment as China looks to shift the focus of its economy towards the consumer and away from exports and infrastructure.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|