Wednesday, March 25, 2009

China Can Boost Stimulus Plan; POLS 366

China is ready to introduce new economic stimulus measures at any time, Premier Wen Jiabao has said. He said there was enough "ammunition" to add to the 4tn yuan (or $586billion) package already announced. Wen acknowleded that the whole world should be better off by 2010, but he made it clearthat China would be ready to face tough times. The Premier noted that China and the US greatly depend on each other, so it will be interestin to see how these stimulus packages work out.

http://news.bbc.co.uk/2/hi/asia-pacific/7941081.stm

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