As the efficiency of monetary policy is on the decline, China moves to a more proactive fiscal policy.
from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/07/21/Chinas-Market-News-Fiscal-Spending-Soars-in-the-First-Half-of-2016-.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news
China’s Market News: Fiscal Spending Soars in the First Half of 2016
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