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Global financial crisis and china
Posted on Oct-29-2008· by china investor
Today,a famous banker said:”China’s economy is robust enough and has enough capacity to cope with the world financial crisis“.
Acctually,I do not think so.As we all know that More then 60% of GDP is based on output and foreign trade,and we all know many USA and eruo country drop down in global financial crisis,I had heard many company said their order from USA and Europe slide and slide and slide down.Many chinese manger ask to each other:”Does these foreign people not need Christmas?”
So,let us face the crisis and try our best to solved this problem!
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