Investors Welcome China Stimulus Plan

756 views · Published 11 November 2008 · 1:54 · Indexed 20 September 2026

Channel: Voice of America · 2008 · News & Politics

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Asian stocks moved higher Monday after China announced a $586 billion stimulus package to boost growth in the world's fourth-largest economy. China's action to protect its export-driven economy came as ministers from major industrialized nations and large developing economies (G-20 countries) agreed on the need for action to restore stability in global financial markets.

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