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The Chinese government controls China's economy--or so it hopes--as it eases monetary policy to reverse a growth slowdown. Expansion of gross domestic product dropped from almost 12 percent in early 2010 to 8.9 percent in 2011's fourth quarter. No worries, say investors with faith in the government's ability to use its muscle to positive effect. Optimists note that China's leaders did just that during the worst of the global financial crisis in 2008-09, stimulating the economy to the tune of $585 billion. Relative to the size of its economy, that was more than twice the size of the U.S. government's 2009 stimulus.

The Chinese government controls China's economy--or so it hopes--as it eases monetary policy to reverse a growth slowdown. Expansion of gross domestic product dropped from almost 12 percent in early 2010 to 8.9 percent in 2011's fourth quarter. No worries, say investors with faith in the government's ability to use its muscle to positive effect. Optimists note that China's leaders did just that during the worst of the global financial crisis in 2008-09, stimulating the economy to the tune of $585 billion. Relative to the size of its economy, that was more than twice the size of the U.S. government's 2009 stimulus.
February 28, 2012
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Drop in Shanghai Stock Market Over the Past Two Years: 20%
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