Nation to gain from Japan plan
By Wang Xu | China Daily | Updated: 2009-04-08 08:01
Japan's plan to introduce a 10 trillion-yen ($100 billion) economic stimulus could prove to be a boon for its trading partners like China, according to economists.
Japan will unveil a new economic package on April 10, and double stimulus spending to around 4 percent of its GDP, as part of the country's efforts to combat its worst recession since World War II, Reuters reported.
The stimulus package will focus on the job market, providing credit to companies, energy-efficient technology and welfare.
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