Thursday, March 5, 2009

China Outlines Ambitious Plan for Stimulus - NYTimes.com

He also indicated that China’s leaders would seek to begin a fundamental shift in their economic strategy by encouraging citizens to spend and consume more goods, as in most Western economies. China’s startling growth has been driven so far by exports and abundant spending on roads, dams and other infrastructure projects, a trend that experts say cannot be sustained in the long term.
China Outlines Ambitious Plan for Stimulus - NYTimes.com

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