Financial Times FT.com

China plans to build its way out of crisis

By Geoff Dyer in Beijing

Published: March 4 2009 02:00 | Last updated: March 4 2009 02:00

China has responded to the slump in its economy by doing what it knows best: it plans to build its way out of trouble.

The government has announced a Rmb4,000bn ($585bn, €465bn, £413bn) investment plan over two years, the bulk of which will be directed at infrastructure projects.

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