Xinhua News Agency: CEO Len Rodman of Overland Park-based Black and Veatch praises Chinese government for economic policies
OVERLAND PARK, Kansas, United States, July 1 (Xinhua) — The Chinese government is doing a good job in its handling of the ongoing economic upheaval, says the CEO of a major U.S. engineering and consulting firm.
“I’m impressed with the way the Chinese government dealt with the current global economic crisis, very effectively and promptly when it announced in November last year a stimulus package worth four trillion yuan (about 586 billion U.S. dollars) to boost spending and stimulate the economy.” Len Rodman, CEO of Black & Veatch, said during an interview with Xinhua at company headquarters in Overland Park, about 20 km south of Kansas City.
Rodman, who has visited China more than 30 times, pointed out that the stimulus package, targeted at infrastructure and social welfare projects, is equivalent to 16 percent of the country’s annual GDP.
“This package was much larger than expected and welcomed by world leaders as a strong indication that the Chinese government, by boosting its own economy, is helping to stabilize the global economy,” he said.
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