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Healing the Markets

2008-11-28

Beijing Review 2008年47期

The government swiftly came up with aseries of measures on November 5 toprop up the nation's economic growth amid a possible globaleconomic recession. Will the stimulus package be a panaceafor the Chinese economy in a slowdown? What far-reachingimplications will it have for the economy in the future?Zhuang Jian, an economist at the Asian Development Bank,discussed these issues in his biog.Excerpts follow: