China

Chinese Banks and the Minsheng Case

by Adrian Ineichen Economic Growth While many major countries have suffered economic contraction or stagnation in 2009, China is expected to grow by about 8.2% in 2009. On the one hand, a massive stimulus package of approximately 4 trillion renminbi (RMB; about US$ 585bn) seems to have supported growth. Fiscal expansion has boosted infrastructure spending […]