China’s Economy May Be Stabilizing, World Bank Says (Update1) - Bloomberg.com
- A “substantial part” of China’s surging lending in the
first two months of this year was money for infrastructure
projects, the World Bank said. Private-sector investment will
retreat in 2009 after contributing the bulk of fixed-asset
spending in the past two years, leaving the government the key
role, it said.
Posted from Diigo. The rest of my favorite links are here.
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