World Markets Rally, China to Double its Planned Stimulus
March 05, 2009 at 10:54 AM EST
Stocks surged yesterday (Wednesday) after it was revealed that Chinese Premier Wen Jiabo would announce new stimulus measures on top of the $585 billion (4 trillion yuan) package introduced in November. “This is just evidence of what we’ve been saying all along about China’s economy, the rest of the world…