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Stimulus plan led to wasteful projects: banker

CHINA'S massive economic stimulus plan has launched some projects that are wasteful, possibly making it hard for investors involved to repay bank loans, China's central bank chief said yesterday. "Some projects...

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<p><a href="http://www.shanghaidaily.com/sp/article/2009/200907/20090705/article_406427.htm"> Stimulus plan led to wasteful projects: banker </a> by -- CHINA'S massive economic stimulus plan has launched some projects that are wasteful, possibly making it hard for investors involved to repay bank loans, China's central bank chief said yesterday. "Some projects... </p>