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stimulus

This tag is associated with 3 posts

More on China’s stimulus plan: Mixed messages, doubts and…at least a little hope?

By Erica Schlaikjer ⋅ March 11, 2009 ⋅ Post a comment

As a follow-up to my previous post, I wanted to point out a few more blog posts and articles that I think are worth a read. First of all, most people might not even know this, but the 4 trillion yuan stimulus has been tweaked. Props to Charlie McElwee from China Environmental Law for noticing [...]

TheCityFix: China’s Car Industry Surpasses U.S.

By Erica Schlaikjer ⋅ February 10, 2009 ⋅ One comment

Traffic in Shanghai. Photo by SmokingPermitted. Originally posted on TheCityFix.com: For the first time ever, there have been more cars sold in China than the United States. (This news comes at the same time as Detroit’s General Motors announced it would cut another 10,000 workers.) From the Associated Press: SHANGHAI (AP) — China’s monthly vehicle [...]

TheCityFix: Beijing Offers Subsidy to Discourage Dirty Cars

By Erica Schlaikjer ⋅ February 10, 2009 ⋅ 2 comments

Photo by Lim CK. Originally posted on TheCityFix.com: Beijing is prepared to pay up to 1 billion yuan (about $146 million) in subsidies to get citizens to ditch their dirty cars and purchase cleaner ones. (Read Laura Root’s recent post on TheCityFix.com about the pros and cons of these types of “cash for clunkers” programs.) [...]