National force needed to monitor new projects

No one should have any doubt about China's war chest against the threat of a recession, as a repercussion of the global financial crisis.

The 4 trillion yuan ($585 billion ) stimulus package that Beijing has announced is not an impossible task for a government that, according to economists from official think-tanks, controls between 30 to 40 percent of the nation's GDP (26 trillion yuan in 2007).

Many local governments and corporations all have their own funds to match up whatever potentially lucrative investment projects with approval from the central government.