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View Full Version : China Stimulus Won’t Offset Job Losses, ADB Says - Bloomberg



NewsWhore
03-31-2009, 03:10 AM
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China Stimulus Won’t Offset Job Losses, ADB Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DawxVxwsZi1CQ%26refer%3Dasia&cid=1323193812&ei=LsPRSYqnJIrMM_aTpN8I&usg=AFQjCNFwmv_zKKHsDG-WlWyY_5Z4XEiVsw)
Bloomberg
Because this is concentrated on investment projects “it is unlikely to shift the growth pattern to one driven more by consumption, the ADB said. The nation’s world record $1.9 trillion of currency reserves are forecast to rise to $2.2 trillion this ...


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