ASSESSMENTS

China: Problems With the Stimulus Plan

May 22, 2009 | 14:35 GMT

FENG LI/Getty Images

Summary

The Chinese government announced May 22 that one-quarter of the $586 billion stimulus package will be spent helping the province of Sichuan recover from the May 12, 2008 earthquake. The "stimulus" package's already dubious fundamentals just got weaker.

China's stimulus package is not what it initially appeared. ...

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