online.wsj.com - 6/10/2009
—
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 ...
mpettis.com - 6/9/2009
—
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?
Comments
Blog Reactions
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. ...
Related Content
China's GDP Growth Accelerates on Stimulus
online.wsj.com 7/16/2009 — BEIJING -- China's government has turned around its economy far faster than most thought possible, as officials said Thursday that growth accelerated to 7.9% in the second quarter. Even if the surge moderates in coming quarters, many analysts say ...
China's Stimulus Is Working
tbm.thebigmoney.com 4/3/2009 — Many commentors, including TBM 's Charles Wallace, have argued that the Chinese stimulus package is superior to America's . Partly that's because it represents a larger prportion of GDP, and partly because it is more focused on housing and ...
China's empty city - 10 Nov 09 (video)
youtube.com 22 days ago — China's economy is continuing to grow despite the global recession, helped by a massive government stimulus package of $585bn.But doubts remain whether such ...
4 Signs That China's Stimulus Has Boosted Its Economy and ETFs -
seekingalpha.com 3/18/2009 — China may be on the right track and its stimulus package is starting to show some results in its economy and related ETFs. The stimulus package provided may be smaller than the previously stated $586 billion, or 14% of GDP, but it is still the world s ...
Is China's Economic Growth Real?
blog.mises.org 7/13/2009 — The following points appear frequently in mainstream media commentary on China:
China's economy is growing at a rate of 8% annually, perhaps higher
The Communist party will not "allow" growth to slow because it would create social unrest
...
Private Business Sidelined by China's Stimulus
eeo.com.cn 3/17/2009 — From cover, issue no.409, March 9, 2009 Translated by Zhang Junting Original article: [ Chinese ] Chinese private businesses have complained of a lack of access to projects and loans related to the four-trillion-yuan stimulus package introduced some ...
G-8 Plans to Reverse Stimulus as Rebound Signs Grow (Update1)
bloomberg.com 6/15/2009 — June 15 (Bloomberg) -- Group of Eight finance ministers began drawing up contingency plans for rolling back budget deficits and bank bailouts as the economy shows signs of recovery and investors start worrying about inflation. Officials meeting in ...
The Cost of Life
baselinescenario.com 6/30/2009 — Mark Thoma links to a medical paper that brings up the issue that few people want to talk about: at what point is the cost of medical care to extend life not justified? Like Thoma, I don’t have a great answer, except to point out that in a world of scarce resources, the answer cannot be ...
China's Dependency Ratio: As Good As It Gets
paul.kedrosky.com 6/29/2009 — Great chart reinforcing a point I made here some time ago about the implications of China's looming senility bubble, with the population set to age faster than any country in modern memory. Check where we are in China's trending dependency ration: ...