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More news from China

posted on Apr 21, 09 05:13PM

http://www.chinadaily.com.cn/

China to launch more stimulus investment in Q2

Xinhua)
Updated: 2009-04-21 19:22

Extract from the article

...
The newspaper said the second-quarter investment might be a larger amount than previous ones, as the government hoped to consolidate foundations for a possible economic recovery with more investment and the summer is a good time for construction work.
"It's good to cash in pledged investment as early as possible, because the economy is under deeper downward pressure in the first half," said Li Huiyong, a Shenyin & Wanguo analyst. ...

China, Russia ink oil cooperation agreement

(Xinhua)
Updated: 2009-04-21 11:41

UBS: No change in China expansion plans

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