China's Jan-Feb fiscal income growth slows to 3.2 pct y/y
BEIJING, March 16 (Reuters) - China's fiscal income rose just 3.2 percent between January and February compared with the same period a year ago, government data showed on Monday, well below an 8.6 percent gain seen in the same period of 2014.
But even as growth in government revenues slowed, fiscal expenditure growth accelerated to 10.5 percent in the first two months of the year from the year-ago period, compared to an 8.2 percent rise in spending in the 2014 period. (Reporting by Koh Gui Qing; Editing by Eric Meijer)
