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The stimulus includes plans to rebuild areas damaged by the 2008 Sichuan earthquake. [1]The 2008–09 Chinese economic stimulus plan (simplified Chinese: 扩大内需十项措施; traditional Chinese: 擴大內需十項措施; pinyin: Kuòdà Nèixū Shíxiàng Cuòshī) was a RMB¥ 4 trillion (US$586 billion) stimulus package aiming to minimize the impact of the Great Recession on the economy ...
In China, the International Monetary Fund predicts GDP growth for 2008 will be 9.7% and drop to 8.5% in 2009. [1] A struggle was underway to see who would swallow the losses on US Agencies and Treasuries. [2] On November 9, 2008 China announced a package of capital spending plus income and consumption support measures. Four trillion yuan ($586 ...
Budget balance -2.8% of GDP (2023) ... The economy of the People's Republic of China is a ... 8.88 million in 2007, 9.35 million in 2008 and 13.83 million in 2009 ...
Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank.
Education spending of countries and subnational areas by % of GDP ; Location % of GDP Year Source Marshall Islands 15.8 2019 [1] Cuba 11.5 2020 [2] Micronesia 10.5 2020 [2]
China's blue chips jumped 3.5%, bringing the weekly rise to 14.6%, the most since November 2008. Hong Kong's Hang Seng index also gained 1.9% and was up 11.2% for the week, its best performance ...
Mainland China's benchmark CSI 300 index closed 4.5% higher on Friday, its best week since November 2008. Meanwhile, Hong Kong's Hang Seng Index closed 3.6% higher in its best performance since 2009.
January 25 – 2008 Chinese winter storms: China's worst snowstorm since 1954, delays traffic, and causes massive power outages in central and southern parts of the country. According to Chinese news agency Xinhua report, 133 killed by 2008 China blizzard with snowstorm during January and February. [1] 2008 Republic of China legislative election