vrijdag 7 september 2012

China Acts: 1 trillion yuan stimulus on Infrastructure

China has acted with a big infrastructure stimulus plan of 1 trillion yuan. This is equivalent to 160 billion dollars. With GDP of China being half of that of the U.S., this means it is equivalent to a 320 billion dollar stimulus in the U.S. This is a pretty big stimulus if you tell me.

You know what that means. Buy commodities and stocks.

http://www.businessinsider.com/chinese-market-goes-wild-after-1-trillion-yuan-stimulus-plan-2012-9

Geen opmerkingen:

Een reactie plaatsen