Friday, February 20, 2009

70,000 Chinese Factories Close--20 million Chinese lose job as a result

This is one individuals experience in China.  He was on the 'road to riches' with China's booming economy and is now experiencing devastating losses from the recession.  70,000 Chinese factories have been closed recently leaving about 20 million Chinese without jobs.  

This article is interesting because it puts individuality on the situation.  It talks specifically about what this man and his family are going through because he lost his job.  I really puts the world recession in perspective for countries other than our own.

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