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Old September 24th, 2009, 01:08 AM
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Default why chinese economic can still remain fast-growing while global economic downturn

 last September 15, as Lehman Brothers bankruptcy, it begun the prelude to the financial crisis sweeping the globe, the world economy into the worst recession since World War II. In the background of global economic recession, in 2008, China's economic growth reached to 9% , with the contribution rate of the world economy over 20%. In the first half of this year, China's GDP rose by 7.1%, which most countries in the world is still sluggish. It is particularly noticeable.we all know that there are a lot of chinese stuffs around us,especial cheap and faked chinese electronic products and awful bad-looking clothes(according to a small wholesale web www dot etemall.com ) ,they can export cheap products to us ,although there is only a very little small profit ,they can live down through economic downturn by that.Why can not our industry ? How can we deal with our sluggish economic ?
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Old March 4th, 2010, 10:20 PM
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because china use cheap materials so production cost is low
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