EVENT INFORMATION

9
November
2008

China announces major economic stimulus plan

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📅 9 November 2008 📍 China, Wereldwijd

China’s State Council announced a large stimulus package in response to the global financial crisis, emphasizing infrastructure, housing, and domestic demand. The response supported global recovery and strengthened China’s economic weight, while adding debt and investment imbalances and demonstrating the scale of state capacity.

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State Council of the People’s Republic of China

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