Sunday, March 13, 2011
China's Perfect Economy Not so Perfect
With China as the second largest Economy in the world the pressure is really starting to catch up in their own backyard. With inflation reaching up to 4.9%, the Chinese government is struggling to keep it under control, the public is really starting to feel the pressure as food prices go up by 11%. How will China stay on the top without there being such painful consequences? China is going to have to forget about the worlds Economy and branching out for a while. After resenting and making fun of the US for trying to fix the world's economy China is starting to fall in the same pattern lets just hope they don't end up in the same black hole.
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