China Business says China May Announce 4 Trillion Yuan Stimulus.China will announce in August a new stimulus package of possibly 4 trillion yuan ($586 billion), the China Business newspaper reported on its Web site, citing unidentified sources. The plan, from China’s National Development and Reform Commission, will likely cover nine industries including information technology and new energy, the report said. I have no idea if that is true or not. What I do know is how insane that is, if it is …

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Another $586 billion "Stimulus" Coming to China?