Investors have largely panned the stimulus package that President Obama signed into law last month. But stimulus in China? Now that's a different story.
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Business and financial news - CNNMoney.com, CNN: Business
Wed, 03/04/2009 - 11:00am
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- China
China, officially the People's Republic of China (PRC), is a country in East Asia. With a population exceeding 1.4 billion, it is the world's second-most populous country after India. China spans the equivalent of five time zones and borders fourteen countries by land.
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It is the largest of all Asian countries and has one of the largest populations of any country in the world. Occupying nearly the entire East Asian landmass, it covers approximately one-fourteenth of the land area of Earth. Learn more about China, including its history and culture.
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China continues to pursue an industrial policy, state support of key sectors, and a restrictive investment regime. From 2013 to 2017, China had one of the fastest growing economies in the world, averaging slightly more than 7% real growth per year.
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Geography - note. note 1: world's fourth largest country (after Russia, Canada, and US) and largest country situated entirely in Asia; Mount Everest on the border with Nepal is the world's tallest peak above sea level note 2: the largest cave chamber in the world is the Miao Room, in the Gebihe cave system at China's Ziyun Getu He Chuandong National Park, which encloses some 10.78 million cu m ...
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