China's Stimulus Package: A Catalyst for Recovery?

China's massive fiscal stimulus package has generated high expectations in official Washington as well as on Wall Street and in corporate boardrooms. Some observers paint a rosy picture of a surge in growth that will transform this vast economy into a new "locomotive" of the global marketplace. Others are less sure. Dieter Ernst discusses whether the stimulus package will be sufficient to catalyze China's economy and that of its neighbors into sustainable recovery.

Additional titles in the Asia Pacific Bulletin series