China Keeps On Booming

In Macroeconomics this year we will look at the economic growth of China as a case study.

Even during the worldwide economic turn down, China has continued to boom. Even though their exports have decreased, the increase in consumer spending has continued to drive their economic engine. Here are a couple of interesting articles:

1. This article shares how China keeps on booming, and gives some interesting comparisons between China and the United States:

http://www.nytimes.com/2009/12/10/business/economy/10consume.html

2. This article shares how China's growth is affecting other Asian countries, who in many cases are finding they just can't compete:

http://www.nytimes.com/2009/12/10/world/asia/10jakarta.html

Danny