IMF director: China´s stimulus package to help global economy

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Source: CCTV.com | 11-10-2008 13:03

International Monetary Fund managing director, Dominique Strauss-Kahn says China's moves to boost domestic demand will help the global economy to ride out the financial crisis.

IMF managing director, Dominique Strauss-Kahn says China's  moves to boost domestic demand will help the global economy  to ride out the financial crisis.

China has already approved a 4 trillion yuan stimulus package -- that's about 586 billion US dollars.

Dominique Strauss-Kahn said, "I am very happy to see, for instance, that the Chinese just announced a big support on the fiscal side, which is exactly in line with what we asked for almost two months and what the G-20 communique is explaining."

Editor:Zhang Ning