The Chinese economy is still very unbalanced, according to the Chinese Premier Wen Jiabao. He stated that until balance is achieved inside and outside of the country, the economy cannot prosper. Even though he has doubts about the economy, Wen Jiabao remains optomistic that China will be able to overcome the challenges it faces and succeed in fixing the economy. The Premier stated that China's international trade market is also hurting the stability of the economy. While presiding over one of many meetings to assess the status of the economy, he commented that China will focus on keeping stable macroeconomic policies while also trying to become more flexible. One of his main goals for this year is to "...realize a democratic and scientific style to decision making". During these meetings, both communist and non-communist representatives from several different fields were present. Premier Wen Jiabao's optomism is not unfounded, since China's economy expanded 8.7% by the end of 2009, exceeding its 8% goal.
http://www.china.org.cn/business/2010-02/02/content_19348262.htm
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I really like the interior decoration in the picture
ReplyDeleteThe world is suffering so it makes sense that one of the biggest economies in the world would also have some unbalance. Based on the fact that the U.S. one of its major business partners is struggling the Chinese economy shuld not be immune to economic instablity.
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