China's Stimulus Package: A Catalyst for Recovery?


Dieter Ernst

Asia Pacific Bulletin, No. 35


Washington, D.C.: East-West Center

Publication Date: June 3, 2009
Binding: electronic
Pages: 2
Free Download: PDF


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.

The views expressed in this publication are those of the author and do not necessarily reflect the policy or position of the East-West Center or any organization with which the author is affiliated.