Economics

How Does China Fight Slow Growth? With Tons Of Money

How Does China Fight Slow Growth? With Tons Of Money

Facing the prospect of the slowest growth since the global recession in 2009, China is about to engage in a massive economic stimulus program. The $1.1 trillion deal would expedite hundreds of infrastructure projects across seven sectors, from mining to health care. “It’s part of China’s efforts to stabilize growth, and the news will help to…