“In retrospect now you say to yourself: ‘was that a real good idea, that was 10.4 billion, that’s a lot of money’”

It definitely had an impact on retail sales, but if most of those items were imported, it may have just cleared the channel a bit and helped the Chinese economy.

Well we have a more comprehensive stimulus plan this time from the Government. Several cash handouts and some Tax benefits for business that should definitely give a boost to demand.

Have a look at The Age summary for more details.

Tim