China's rescue package "ten trillion renminbi"

pnoeric via FlickrFortunately, some of us still watch the Chinese TV and so the Chinabystander noted that according to China's Central TV (CCTV) the original four trillion Renminbi (450 billion euro) has increased to ten trillion Renminbi (1,700 billion euro) after the provinces chipped in.
The original news was - after a one-day party at the international stock exchanges - met with a lot of skepticism.
The new package includes three trillion Renminbi from Yunnan province and 2.3 trillion from Guangdong. The local spindoctors are making overtime again.

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William Bao Bean
by Fons1 via Flickr

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