Tuesday, May 29, 2012

China Has No Plan for Large-Scale Stimulus, Xinhua Says

http://www.bloomberg.com/news/2012-05-29/china-has-no-intention-for-large-scale-stimulus-xinhua-reports.html

Pumping in government money to achieve growth targets is “not sustainable” and China will instead focus on encouraging private investments in railways, infrastructure, energy, telecommunications, health care and education, the story said.

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