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Concerns About Cost of China's Stimulus Grow
BEIJING -- The cost of China's stimulus program is turning out to be much larger than official figures indicate, raising the stakes for the government's attempt to restart high growth through massive borrowing. The spending spree has helped steady China's economy while other major nations ...
Stimulus – at what cost?
mpettis.com — Today is the second day of the dreaded gaokao , the national college entrance exam that more... than half of all Chinese kids in their age cohort will sit to determine whether or not they will go to university (just over 60% of the test takers will start ... (more) Stimulus – at what cost?
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Wednesday - What Color Is Your Beige Book?
Phil’s Stock World — ... China is leading the golbal stimulus bandwagon, of course with a massive increase in debt financing this year.  "There is no such thing as a free stimulus package. There is a huge amount of unreported government debt, and we’re adding to it now clearly," said Stephen Green, an economist for Standard Chartered in Shanghai. ...

Wednesday - What Color Is Your Beige Book?
Trading Goddess — ... China is leading the global stimulus bandwagon, of course with a massive increase in debt financing this year. "There is no such thing as a free stimulus package. There is a huge amount of unreported government debt, and we're adding to it now clearly," said Stephen Green, an economist for Standard Chartered in Shanghai. ...

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