China considers investment plan to bolster growth
After the recent stock market collapse, China seeks to dispel doubts on a sharper economic slowdown with a new 1 Trillion yuan plan (€150 bn).
stimulus plan
Engine failure in China
BEIJING | There’s a huge debate on what’s more appropriate for China: stimulus plans, sound investment or consumption incentives, to avoid the feared hard landing of its economy now that the Chinese model of development seems to be exhausted. The recipe was first applied in coastal areas. Due to its success it was later reapplied in the West to encourage a massive urbanization across the country. Unfortunately, the economic crises…