This week, I read a news online about the economy of China from Guangming Daily News. The title of the article is "American Media: The Chinese Economy Will Continue the Stable Growth." As we see that Chines economy is incredibly grow in the recent years. Although China now is a developing country, our economy is prosperous. According to the news, the Chinese government announced the major economic data to display in August that the export, investment, expense, the industry speed-up and manufacturing industry purchase the managers index (PMI) to present the rise,; industry producer producer price (PPI) range of fall squeezes largely, the price increase sets the record three month new low. Some experts pointed out that the most recent data indicated the Chinese economy stands firmly the rise condition. Some companies will focus on the Asian market instead of American and European market. Also, China now leads the Asian economy and the markets in China is very positive. In addition, the number of oversea tourist of grew 20% in 2012, and the Chinese tourists has surpassed the US and Germany, becomes foreign expends most communities.
Overall, I believe that the economy in China would be more prosperous than today.
Work Cited
"American Media: The Chinese Economy Will Continue the Stable Growth".Guangming News. Sina. 2013.09. Web.
*Website Page: http://news.sina.com.cn/o/2013-09-19/025028252366.shtml
I still saw this new in Wang Yi news paper. To be Honest I don't believe this kind of economic is really stable. I think they didn't give the readers correct information. They are not professional
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