China's economy has continued to feel the brunt of the global crisis. Global economic activity continued to decline in the first part of 2009, even as tentative signs of stabilization have emerged recently in several countries. However, very expansionary fiscal and monetary policies have kept the economy growing respectably. Fiscal stimulus is centered on the infrastructure-oriented 'RMB 4 trillion' stimulus plan and the monetary stimulus has led...
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2009/06/01
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Newsletter
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48991
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1
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1
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2010/07/01
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Disclosed
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China quarterly update, June 2009
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adverse consequences
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China quarterly update, June 2009 (Chinese). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/668951468018534862