Fiscal stimulus (intentions) in China begin to pick up a head of steam, the city of Tianjin...

|By:, SA News Editor

Fiscal stimulus (intentions) in China begin to pick up a head of steam, the city of Tianjin joining Chongqing in announcing plans to spend $236B on favored industries over the next 3-4 years. Neither city has yet said how it plans to raise the funds. Pesky details.