11-11-2008, 07:39 PM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Bank of China to Shift Lending Focus to Railways, Airports, Infrastructure Bank of China Ltd., the nation's fourth largest by assets, will increase lending to railway, airport construction and other infrastructure projects in response to the government's economic stimulus plan.<!--QuoteEnd--><!--QuoteEEnd-->
They are overspending. Will increase inflation.
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->China's Exports Advance at Slowest Pace Since June as Government Plans Aid China reported the slowest export growth in four months, two days after the government pledged an unprecedented $586 billion of spending to sustain the expansion of the world's fourth-largest economy. <!--QuoteEnd--><!--QuoteEEnd-->
Whole economy is based on export, now it is slipping down.
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->China Eastern Grounds 10% of Aircraft as Travel Demand Slows With Economy China Eastern Airlines Corp., the country's third-largest carrier, is taking about a tenth of its fleet out of service as the global economic slowdown crimps travel in the world's most populous nation. <!--QuoteEnd--><!--QuoteEEnd-->
They are overspending. Will increase inflation.
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->China's Exports Advance at Slowest Pace Since June as Government Plans Aid China reported the slowest export growth in four months, two days after the government pledged an unprecedented $586 billion of spending to sustain the expansion of the world's fourth-largest economy. <!--QuoteEnd--><!--QuoteEEnd-->
Whole economy is based on export, now it is slipping down.
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->China Eastern Grounds 10% of Aircraft as Travel Demand Slows With Economy China Eastern Airlines Corp., the country's third-largest carrier, is taking about a tenth of its fleet out of service as the global economic slowdown crimps travel in the world's most populous nation. <!--QuoteEnd--><!--QuoteEEnd-->