Klein's Commentary

Go beyond the headlines

Can China Lift Japan Out of Recession?

Hopes are high and rising that a near-term China recovery, fueled by an estimated $587 billion stimulus plan and massive bank lending, will be a boon to Japan’s ailing export sector. This new demand is expected to lift China out of recession even before the United States and Europe recover. China’s stimulus, however, is neither large enough nor necessarily supportive enough of foreign imports to have a significant short-term impact on Japan’s rapidly deteriorating economy.

Full article.

Brian • April 10, 2009


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