nothing like 2008 again [4t rmb] however China announces 1t rmb urbanisation stimulus plan
bloomberg
xinhua
with the all the "its a china consumption story now" of the last 12mths I thought this quote particularly telling
"Domestic demand is the fundamental impetus for China's development, and the greatest potential for expanding domestic demand lies in urbanization," the plan said.
the flip side of controlled slowdown
ready to reverse those fe and cu shorts?
chinese stimulus
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