Four trillion yuan ($586 billion) will be spent on upgrading infrastructure, particularly roads, railways, airports and the power grid; on raising rural incomes via land reform; and on social welfare projects such as affordable housing and environmental protection.
But What charts are telling us? Did their Stock Market flourished?
The Answer is Simply a Big No. Even after annoucning such a huge timulus package the mood of the Chinese markets remains dull and still they are moving downwards even after the announcemnet of fiscal package. Looks at current scenario… stimulus package wont cheer up the markets.
Click on the charts to have a clear view