Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

The Awakening Of The Stimulus Dragon?

|Includes:CYB, DSUM, SPDR S&P China ETF (GXC), PEK

Weak economic data from China has led economists and the business world to wonder when exactly the Chinese government will enact significant stimulus measures. It seems as if the government is in the process of doing so, albeit not yet on a scale comparable to its massive 2009 stimulus package. Recently, Financial Times reported that the Chinese government has approved plans to spend 1 trillion yuan ($158B) on infrastructure spending for the next few years. These funds will be spent on 25 urban rail projects, 13 highway construction projects, seven waterway projects and nine waste water treatment plants.