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World Stocks Jump on China Spending Spree

Asia, Europe advance after Beijing announces $6B stimulus package

By Jason Farago, Newser Staff

Posted Nov 10, 2008 4:43 AM CST

(Newser) – China's announcement yesterday that it would spend nearly $600 billion to stimulate its economy gave a much-needed jolt to worldwide markets today. The Nikkei in Tokyo and Hang Seng in Tokyo both gained around 6%, while European exchanges also opened higher. China's spending spree also... Read full story »

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World Stocks Jump on China Spending Spree

Asia, Europe advance after Beijing announces $6B stimulus package

China • Nikkei • Hang Seng • oil price • economic stimulus package • gold prices

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More Newser Stories

Chinese Stimulus Lifts Dow

Index surges 150+ at open, following Asian lead

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From New Zealand to Singapore, markets down across Asia

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