Party Elders Press for Checks on China’s Stimulus Plan

China is planning to stimulate the economy by injecting with $584 billion. There has been a lot of people pressing for more transparancy in the plan. People are afraid that there will be a lot of waste and corruption in enacting the plan and that this will detract from the goal of economic stimulus. This is a legitimate concern due to the amount of corruption in the Chinese administration. A more transparent plan will slow down the process, but would be a small price to pay for efficiency, especially when there is such a large amount of money at stake.

http://www.nytimes.com/2009/03/04/world/asia/04china.html