How Do You Think China’s Growth Affecting The Global Economy?
Posted by China Sourcing CommentatorNov 27
i think its causing a global slowdown, and eventually it will lead to no more purchasing of Chinese goods
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I think it is excellent! Since China started needing tones and tones of resources, alot of mining companies have started BOOMING! BHP Billiton in asuralia is at an all time high, some times above $40 for it’s shares!
I can see how The Chinese economy would slow down… (too many job demands, etc, so the economy will probably collapse on itself if China grows too fast) But on a global basis I don’t see how the economy would be affected…
China will be a popular country i think it will be a sucessful country.
Hi,
China can produce goods at a low better prices if compared to other countries. So other countries have to compete to win the market. It could lead into a healthy competition where by some countries will go for quality apart from prices. Later on better products will be created and the world market will be abundance with good and better stuff.
Thank you.
Leon.