Fri, 01 Jun 2012 11:42:09 GMT
China's plummeted PMI may increase the odds of country's stimulus
As China's Purchasing Manager Index tumbled to its lowest
point in May to 50.4 since last December, it is more likely that that the government
will increase its stimulus package. To ensure that the world's 2nd largest economy
does not deteriorate to a greater degree, it could force Wen Jiabao to
undertake more stringent actions. According to Credit Suisse, the county's
stimulus plan could total