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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Tom who wrote (1308)	2/3/1998 3:36:00 AM
From: Tom	Respond to of 2951

The mainland says it will fund an ambitious US$750 billion infrastructure plan with a series of cutbacks in government expenditure, state enterprise flotations and a string of corporate bonds. Fleshing out for the first time a landmark project to help China achieve 8 per cent economic growth this year and withstand any adverse impact from the regional financial crisis, Vice-Premier Li Lanqing said the country would seek funding from every available source. "It will be just like squeezing a lemon, right to the very last drop," he said. (Ha! I love it.)