China is rolling out a mini-stimulus to fight its economic slump but is moving cautiously after its massive response to the 2008 global crisis left a painful hangover of inflation and debt. Beijing has yet to announce a total price tag, but measures announced piecemeal in recent weeks include 66 billion yuan (US $10 billion) to build affordable housing and 26.5 billion yuan to subsidize sales of energy-efficient appliances. That limited size should make the effort more manageable than the 4 trillion yuan ($586 billion) avalanche of spending and bank loans in 2008.—AP
Exodus: Tens of Thousands Flee as Myanmar Junta Troops Face Last Stand in Kokang
Myanmar National Democratic Alliance Army troops are opening roads and pathways through forests for people to flee Kokang’s capital as...
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