Category: Currency Currents
- Published: 17 February 2009
- Written by Editor
Here’s to Hoping on China ...
There was a story in Bloomberg last week regarding the potential for China’s economic recovery to have already begun. I believe the evidence rested simply on the effects of the Chinese’s stimulus plan.
The thing is, even though the US is floundering over its stimulus package, possessing the ammunition and holding the economic vantage point apparently allows China’s government stimulus to rescue their economy within a few short months of its introduction.