Thursday, February 12, 2009

China Feels the Recession

Recent figures have shown that Chinese exports are down by 17% since last January. The global economic downturn is affecting the Chinese economy and there are expected job losses. This is the first time in the past ten years that there has been a drop this big.

http://news.bbc.co.uk/2/hi/business/davos/7882816.stm

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