Chinese Outline Spending, No New Stimulus
March 06, 2009 at 10:50 AM EST
Chinese Premier Wen Jiabao today (Thursday) outlined a number of fiscal and budgetary measures to stimulate the economy and maintain an 8% growth rate. However, Premier Wen did not introduce any new spending measures as many investors had expected he would. Addressing the nearly 3,000 delegates of the National People’s Congress,…
