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Massive China Stimulus is Viewed as an Attempt to Help the West

Nov 11th, 2008 | By William Patalon III | Category: Financial News

The half-trillion-dollar stimulus package that China unveiled on Sunday underscores that country’s growing importance to the global economy and shows Beijing’s willingness to assume a leadership role in the battle to blunt a widening worldwide financial crisis, a top expert on China said yesterday (Monday).