Tag: China’s New Deal

economic stimulus plan financial crisis 2008-2009

A New Deal for China?

Time magazine‘s Simon Elegant asks if China’s nearly $600 million stimulus plan is China’s version of the New Deal or not: “I think in a decade, we’ll be looking back at this moment and saying, ‘This was it. This was when things really changed and China’s economy transitioned from externally, export-oriented to an internal focus,’” says Ben Simp