china's economy

Wen Jiabao defends China's 2008 stimulus

The government's resolute decision helped China to avoid a major setback, the country's premier told delegates at the World Economic Forum.
Wen Jiabao
Wen Jiabao

In response to criticism over the widely debated Rmb4 trillion ($634 billion) stimulus package launched in 2008, China’s Premier Wen Jiabao, for the first time, publicly defended the action at the World Economic Forum in Tianjin yesterday.

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