Recovery from recession

Sleight, Chris
December 2012
International Construction;Dec2012, Vol. 51 Issue 10, p13
Trade Publication
The article focuses on how the construction industry recovers from the recession in 2008 particularly in China and the U.S. It says that Chinese government has announced a stimulus plan amounting to US$ 585 billion to address the recession leading to the construction of the high-speed rail link between Beijing and Shanghai. It mentions that the 2009 American Recovery and Reinvestment Act (ARRA) in the U.S. has given US$ 787 billion into the economy.


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