Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (493844)	7/9/2009 5:44:14 PM
From: tejek	Read Replies (1) of 1572566

its been reported for the past two weeks that China's economy is turning primarily because of its stimulus plan. You know what they did? After proposing a stimulus plan, they took money OUT of infrastructure expenditures, OUT of low-income housing, OUT of "green" projects for conservation, and moved it into TECHNOLOGY. It did? Funny how what you tell this thread and what the news tells us are two different things: "Against that backdrop, China announced a 4-trillion-yuan ($586 billion) stimulus package for its domestic economy this past Sunday. It plans to fund extensive infrastructure construction, aid poor farmers, and cut export taxes." fool.com

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