China and economic recovery
This is a good question to ask, whether the United States or China will be the country to lead the world out of the global economic recession? Both countries have done alot to stimulate their own economies to ensure economic success. To combat the slowest economic growth in seven years, China has introduced a $585 billion stimulus package. The U.S has passed an almost $800 Billion stimulus package. However, I think China has been the economy to step up more. They are already investing in the U.S. bonds and securities to help the U.S. cover its stimulus package. Chinese companies are still investing in foreign opporunities, for example a Chinese company was investing money into mines in Australia. Though, some of these efforts have been backed because of protectionist fears. China, will be on the cutting edge of economic growth out of this recession.
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