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 2^nd 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 at CNY 2 trillion (USD 314 billion).