Hear: China's Big Stimulus

NPR | By Caitlin Kenney

Published November 10, 2008 at 1:59 PM PST

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Today on Planet Money:

The federal government is throwing billions more at AIG, and the insurance giant isn't the only one in need of help; the Big Three want a loan of their own. Plus: China has its own solution to deal with the struggling economy: a $586 billion stimulus package.

-- Simon Johnson talks about how China plans to spend the money.

-- Laura checks in with an audio postcard from the streets of Beijing.

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