Asia Sentinel

Asia Sentinel

Share this post

Asia Sentinel
Asia Sentinel
China Acts with a Huge Bailout

China Acts with a Huge Bailout

Our Correspondent
Nov 10, 2008
∙ Paid

Share this post

Asia Sentinel
Asia Sentinel
China Acts with a Huge Bailout
Share

Increasingly concerned about its slowing economy, China’s State Council Sunday got around to doing what been expected since the second quarter of the year – creating a gigantic Rmb4 trillion (US$586 billion) stimulus package to prop up investment and consumer confidence and keep retail spending from collapsing altogether.

As evidence of its concern, Beij…

Keep reading with a 7-day free trial

Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Asia Sentinel
Publisher Privacy
Substack
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share