InfoAnda - China announces $586 billion stimulus plan

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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Singapore Asia Pacific World Search Search: China announces $586 billion stimulus plan AP - 1 hour 15 minutes ago BEIJING - 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 4 trillion yuan ($586 billion) on infrastructure and social welfare by the end of 2010. It says China will adopt an "active" fiscal policy and will offer tax help of 120 billion yuan ($17.5 billion) to enterprises. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy NZ house prices continue to decline in year to OctReuters - 1 hour 58 minutes ago NEWSMAKER-No-nonsense banker at helm of Pakistan's economyReuters - Sunday, November 9 Financial crisis puts heat on Australian govt over climate planAFP - Sunday, November 9 Rio Tinto eyes joint ventures with China - paperReuters - Sunday, November 9 Related Articles: Business China announces $586 billion stimulus planAP - 1 hour 12 minutes ago China okays $586 bln stimulus to boost economyReuters - 1 hour 17 minutes ago Kuwait cbank urges bank, investment firm mergersReuters - 1 hour 39 minutes ago Abu Dhabi to review tourism projects due to crunchReuters - 1 hour 49 minutes ago Latvian government takes over major bankAP - 1 hour 50 minutes ago Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Obama: First pooch may be mutt 'like me' Obama rules out new cabinet picks as jobless rate jumps Documents expose Prince William RAF training row: report US doctors tell Liu Xiang he needs surgery GM warns of cash crunch, appeals for bailout View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

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