Monday, November 10, 2008

Poor China is "only" growing at 9%

China is a long way from recession. It helps being a country that makes something, even if it is plastic toilet seats and fishing rods.

They have also worked hard to improve their status in the world. For these reasons and more, they deserve to flourish when others might not. They have saved for a rainy day, and that day has come. Have you saved? Has your country saved?
clipped from news.yahoo.com
Unemployment fears rise in China

BEIJING – China unveiled a $586 billion stimulus package Sunday in its biggest move to inoculate the world's fourth-largest economy against the global financial crisis.

Economic growth slowed to 9 percent in the third quarter, the lowest level in five years and a sharp decline from last year's 11.9 percent.

 blog it

No comments:

Post a Comment