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Analysis: Japan's mission impossible: to spend $100 billion in 15 months

What do you buy the nation that already seems to have everything? That is the question facing Japanese Prime Minister Shinzo Abe as he aims to spend more than $100 billion on infrastructure in the next 15 months to help revive his country's economy. But with its gleaming bullet trains, jungles of elevated highways and strings of man-made islands, ultra-modern Japan doesn't appear to want for much.

 

China to Spend $156 Billion on Infrastructure

China has approved an estimated $156 billion in new infrastructure projects in recent days, giving markets a boost, even as economists are fretting that the country is behind the curve in responding to the economic slowdown.

 

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