The Chinese Premier was full of confidence in his annual meeting with reporters and said that China is ready to pump in more money into the economy for stimulating local demand on top of the 600 billion dollars planned earlier. He said that the world might see a recovery by the end of 2009 and China and few other Asian nations might be seeing recovery in their economies earlier. But what needs to be noted at this point is the continuing crash in Chinese trade surplus which has come down to 4 billion US dollars last month from over 50 billion dollars last year.

