Tuesday, November 11, 2008

china stimulates the world's economy

Yesterday China announced that they will spend nearly 600 billion dollars to stimulate their economy.

now they are doing this not by giving the money to banks but building and fixing the nations infrastructure.

the news of this sent many stock markets in Europe and Asia up. The market was also up in America in the morning but by the end of the day the market closed at a lost.

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