China's State Planner approves 144 investment projects worth 1.28 trillion yuan YTD

<p>The National Development and Reform Commission of the People's Republic of China (NDRC) is the country's 'State Planner'. </p><ul><li>
Approved 144 fixed-asset investment projects worth a total of 1.28
trln yuan in January – November
</li><li>Approved 14
fixed-asset investment projects worth a total of 200.2 bln yuan in
November</li></ul><p>A spokesperson for the NDRC says:</p><ul><li>
Issuance of China's local govt special bonds have been generally
completed as of end-November </li><li>Will further promote
the efficiency and effectiveness of investment, improve stable growth
of consumption</li></ul><p>Stimulus is not as much as markets were hoping for but it is still stimulus</p>

This article was written by Eamonn Sheridan at www.forexlive.com.