Already it's making a 32-inch TV at 3,500 yuan ($512), cheap enough to qualify for China's economic-stimulus purchase subsidy.
The Fed announced today that it would provide more stimulus, by purchasing $45 billion in long-term Treasuries each month after its continuing "Operation Twist" concludes this month.
Business inventories continue to slide, setting the stage for an inevitable reversal that sparks productive engines, especially as massive monetary and fiscal stimuluses gain purchase.
But another perverse idea floating around Capitol Hill is to limit stimulus-related purchases to countries that have signed the World Trade Organisation's agreement on government procurement.
All the stimuli were purchased from SIGMA, except for CpG and V. anguillarum, which were produced in our laboratory.
Referring to one element of the new stimulus programmes, the purchase of asset-backed securities (ABS), Mr Draghi said: "The Eurosystem will purchase a broad portfolio of simple and transparent asset-backed securities with underlying assets consisting of claims against the euro area non-financial private sector under an ABS purchase programme.
Dimon also said he was "less worried" about the consequences of the Federal Reserve slowing its bond-purchase stimulus scheme.
At its September meeting the U.S. Federal Reserve decided to postpone the moment where it would taper, or reduce, its economic stimulus through bond purchases.
In the 16-nation euro area, European Central Bank officials are wrestling with the question of how to begin unwinding the extraordinary stimulus, including asset purchases and low interest rates, offered during the crisis.
Although Mr. Obama has backed off from his 2008 promise to make climate change part of the national conversation, his administration has aggressively supported the development of green industries through the stimulus act, government purchasing, subsidies and mandates, and the amount of renewable energy produced across the country has significantly expanded.
The Fed chief was not convinced, saying that, even for the purposes of financial stability, a continuation of the central bank's aggressive stimulus, conducted through purchases of Treasury and mortgage securities, remains the optimal approach.
