China announces $586 billion stimulus plan
Sunday November 9, 7:15 am ET
China announces $586 billion spending package to boost domestic demand
BEIJING (AP) -- China has announced a $586 billion spending package to boost domestic demand while vowing to carry out "moderately easy monetary policies."
A statement Sunday on the government's Web site says China's Cabinet has approved a plan to invest $586 billion on infrastructure and social welfare by the end of 2010.
China announces $586 billion spending package to boost domestic demand
BEIJING (AP) -- China has announced a $586 billion spending package to boost domestic demand while vowing to carry out "moderately easy monetary policies."
A statement Sunday on the government's Web site says China's Cabinet has approved a plan to invest $586 billion on infrastructure and social welfare by the end of 2010.
posted by Blue @ 8:09 AM
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