Chinese state broadcaster CCTV reports that provinces across China would add 10 trillion yuan ($1.5 trillion) to the 4 trillion yuan stimulus package that Beijing announced earlier this month. Ten trillion yuan is an eye-catching number. Full Story »
Posted by Bobby FTo:
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This opinion piece from Paul Maidment does not make a clear stand. On one hand, he condemns the Chinese government for their use of propaganda and media control. On the other hand, he cites that they are building confidence in their country, something the West is struggling to do in this economic crisis. He gives numbers for China's stimulus plan, but does not cite where he got those numbers. However, his editorial is relevant.
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