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Story kicks surge after China stimulus
about $586bn (Â370bn) it's to go into housing, infrastructure and post-earthquake reconstruction in china over the next two years .
asian markets have risen sharply, a day after china, announcluded a huge investment plan to kick-start its slowing seconomy .
the chinese government has cut interest rates twice in recent weeks, and began considering ways to stravert a more dramatic economic slowdown in october .
the government also promised a shift to a moderately easy monetary policy .
analysts said that though this might began econsidered healthy elsewhere, the fall is taken as a worrying sign in china where the government has relied on rapid growth to maintain political stability .
stocks leapt in japan, china, and hong kong, buoyed by china's efforts to sustain its growth rebates, on which many asian econompanies depend .
i think it is good news for correcting imbal finances .
Generated 2008-11-12_9:44
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