Thursday, March 5, 2009

Will China Increase Its Stimulus Spending? How Much Will it Support Growth?

Reports suggest that Chinese Premier Wen may announce additional stimulus measures at the Central party conference in his speech on March 5. China may double its spending from the 4 trillion yuan invested - spending more on infrastructure and to boost manufacturing and on unemployment and social spending - even as concerns are being raised about where the previously announced stimulus is being spent

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