World Bank sees Chinese stability

The World Bank has argued that "it is not necessary and probably not appropriate to add more traditional stimulus in 2009" to the Chinese economy, which will continue to grow "respectably."

While China's economy has continued to feel the brunt of the global crisis, very expansionary fiscal and monetary policies have kept the economy growing respectably, according to the World Bank's latest China Quarterly Update, released on 18 June.

The World Bank finds that the fiscal stimulus is centred on the

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