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


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.
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Comments (2)
  • QuantRec
    , contributor
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    Pesky details, indeed!
    22 Aug 2012, 12:12 AM Reply Like
  • dividend_growth
    , contributor
    Comments (2895) | Send Message
     
    Pie in the sky pipe dreams.

     

    More like Albert Speer's plan for Berlin in 1944.

     

    When the strategically important railroad is already starved for cash, those local feudal lords will get nothing!
    22 Aug 2012, 12:28 AM Reply Like
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