China government has done for the economic: A multibillion-dollar stimulus package, biggest interest rate cut in 11 years , and hiking personal income
BEIJING – Chinese President Hu Jintao warned that China has started to lose its competitive edge in trade amid the global financial crisis, as he told Communist Party leaders the challenge posed a test to the government’s ability to rule, state media reported.
China’s economic growth is expected to fall to about 9 percent this year, [...]



