Earthquake recovery construction may boost China's economy

China has already transformed the location of this year's devastating earthquake into a construction site. The government is expected to spend 25% of a $580 billion economic recovery package on quake reconstruction, and it hopes the effort will help boost the country's ailing economy. The stimulus package includes roads, railways and 4.5 million homes.

New York Times, The | 12/29 Bookmark and Share

This story published in AGC SmartBrief on 12/30/2008





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