I remember during a company retreat 4 years ago - China's Forex reserve just surpassed Japan at US$1 Trillion. Now, it's US$1.76 Trillion !!!Well, the next time you visit China, don't look down on the farmers. They definitely have a reason to smile if their government have deep pockets.
When I was stationed in China, I remember the government provided free medical and schooling to the farmer's family. Well, let's see if the China government will provide a even better stimulus than the US.
You can feed on the report here.
