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Strategies & Market Trends : Greater China Stocks -- Ignore unavailable to you. Want to Upgrade?


To: pcyhuang who wrote (6352)11/9/2008 7:09:47 AM
From: Julius Wong1 Recommendation  Respond to of 8334
 
China Announces $586 Billion Stimulus Plan to Boost Economy
By Li Yanping

Nov. 9 (Bloomberg) -- China's government announced a $586 billion stimulus plan to spur growth in the world's fourth- largest economy, helping sustain expansion as the U.S., Europe and Japan teeter on the brink of recession.

The government will spend 4 trillion yuan by the end of 2010, the State Council said in a statement on its Web site.

bloomberg.com