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IPFS News Link • Economy - International

World looks to China after growth-salvaging stimulus

• Reuters

The giant fiscal stimulus and bank lending spree that China launched two years ago saved the world from recession. What can Beijing do for a follow-up act?

Internationally, the success of the unprecedented pump-priming has accelerated a shift in economic influence that has put Beijing front and center of policymaking, as this week's summit of the G20 major economies in Seoul is likely to show.



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