Thursday, March 05, 2009

Response - Right, Left

From IHT

China:
Wen said that the central government would significantly increase spending on schools, hospitals and clinics, low-income housing and environmental programs and other projects aimed at improving people's lives.

Singapore:
Singapore is shifting its strategy to luring more but smaller investments from midsize companies abroad. It has also accelerated the construction of a government-financed town of research laboratories, offices and apartments for the biomedical, materials sciences and new media industries, after putting the brakes on construction a year ago because of high prices for steel and cement.

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