China billion dollar economy stimulus package

It's often said, when going gets tough, the tough gets going. But in this economy crisis, even the toughest of all economies failed to survive. China announces a 586 bn$ economy package, which they will spend in coming years in building country's infrastructure and also smooth line lending process in the country financial system.

Though the news of economy stimulus helped stocks surge in Asian economies, while the same news caused stocks plunge in the US markets, with US stocks dropped as a worsening outlook from companies like Glodman Sachs and Google Inc.

Lets wait and see how this economic stimulus package will help revival of the Chinese economy.

Thanks&Regards,
Mohit Kumar