China Begins New Round of Stimulus, With Caution


New York Times says, due to falling growth rate, China’s leaders have begun to take measures to boost economy though they have made no formal announcement of a stimulus program. On Wednesday People’s Daily, the Communist Party’s leading newspaper, quoted leading Chinese economists as suggesting that any efforts to bolster growth are likely to be measured.

For details please visit New York Times website at:

http://www.nytimes.com/2012/05/31/world/asia/in-china-a-new-round-of-stimulus.html?_r=1&nl=todaysheadlines&emc=edit_th_20120531

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