Wednesday, March 04, 2009

Economy In Chinese Gathering

China's legislature began its annual meeting with a dicussion that was dominated with growing concerns of the Economoy. The government will propose to add more stimulus spending to the $584 billion to help the slumping economy. There is a major problem in China's economy, as the projected deficit is expected to reach 950 billion yuan, or nearly $140 billion, about 3 percent of China’s GDP

http://www.nytimes.com/2009/03/05/world/asia/05china.html?_r=1&ref=asia

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