People cross a bridge at Pudong financial district in Shanghai August 11, 2014. China’s fiscal expenditure grew 9.6 percent in July from a year earlier to 1.03 trillion yuan (99.7 billion pounds), the finance ministry said on Monday, indicating the government is slowing budget spending as the economy shows signs of stabilising. The spending growth cooled from a rise of 26.1 percent in June. REUTERS/Carlos Barria (CHINA – Tags: BUSINESS) BEIJING, Dec 27 (Reuters) – China will roll out fiscal policies proactively next year to stabilise economic growth, the finance ministry said on Monday, vowing that the impact of the drive would be felt earlier than usual. The government will launch another round of tax and fee cuts to support businesses and help them make infrastructure investments “appropriately” ahead of time, according to a readout from an internal meeting by the finance ministry on fiscal policy for 2022. China […]