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As countries around the world roll out stimulus spending plans, the residential construction market is experiencing significant changes, says Reed Construction Data chief economist Alex Carrick.
China is increasing its money supply at a rapid pace to fund its stimulus spending programs. Lending in China is up by double in the first half of this year versus the same period last year.
Part of that is stimulating housing.
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Reed Construction Data, Chief Economist, Alex Carrick
Publication Date:
2009-08-19
Report Description:
As countries around the world roll out stimulus spending plans, the residential construction market is experiencing significant changes, says Reed Construction Data chief economist Alex Carrick.
China is increasing its money supply at a rapid pace to fund its stimulus spending programs. Lending in China is up by double in the first half of this year versus the same period last year.
Part of that is stimulating housing.
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