tag:blogger.com,1999:blog-18183714.post1035656043208175098..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: China mulls 370b stimulus packageSalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-18183714.post-62702063168451683592008-08-25T14:45:00.000+08:002008-08-25T14:45:00.000+08:00the beauty of capitalism is that you just can not ...the beauty of capitalism is that you just can not escape the economic boom and bust cycle.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18183714.post-36758254067246692002008-08-25T14:27:00.000+08:002008-08-25T14:27:00.000+08:00For sure, in coming months, there will be more nat...For sure, in coming months, there will be more natural calamities. So, it is safer to provide adequately for these situation.<BR/><BR/>However, we need to have a recession to overcome the oversupply situation. All of us do not want to see the severe recession which some quarters term as depression. <BR/><BR/>Whether fiscal policies are effective, no one have the crystal ball to tell. However, we need to fix the financial structure that trigger the sub-prime and subsequent housing problems.<BR/><BR/>With the rising Yuan, Chinese exports will be affected. As such, i doubt this measure will be good at this juncture. Choosing an appropriate timing is important as the bullets(financial resources) are limited. <BR/><BR/>Solomon.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18183714.post-14894567667499980392008-08-25T12:37:00.000+08:002008-08-25T12:37:00.000+08:00The latest statistic from China confirmed that in ...The latest statistic from China confirmed that in July 2008...the revenue to the central and local governments dropped by nearly 20%. <BR/><BR/>This has reduce the chance for tax cut as an economy stimulation that could beneficial across all sectors. This prudent policy has to be in place as the revenue reduction cycle is still at the initial stage, very far from the the peak point.<BR/><BR/>Instead, they have to resort to other type of fiscal stimulus which is less effective for mitigate the negative of impact of economy down turn. <BR/><BR/>Probably, the outlook would be more visible after the Beijing Games. <BR/><BR/>We do hoped China will be a powerful force to mitigate the upcoming world depression (much severage than the recession) but not a trigger point for adding weight to the already vulnerable economy condition that hit everyone of us !Datukhttps://www.blogger.com/profile/07354574631891772131noreply@blogger.com