China's economic slowdown

The economic setbacks in the U.S. and Europe are now beginning to seriously hinder the sales and profits of manufacturers in China. Celia Hatton reports from the industry-heavy city of Dongguan.

Category:

News & Politics

Tags:

• cbsepisode
• china
• economy
• industry
• manufacturing
• america
• europe
• slowdown
• 2011
• dongguan
• chinese
• production
• sales
• profits

[johnbsk]

I smell housing market in China is about to pop.

[MrHoppers002]

the US and europe hold a huge chain over the world cause they can destroy export countries by penny pinching

[MrHoppers002]

europe and the us are considered to be currently the world's top import countries?

[anbrin]

@MrHoppers002 US yes why europe?

[OpenTheTrollGate]

@NeoTranshuman nope

[OpenTheTrollGate]

@bood3e huh

[angMohit]

Tibet will come back to haunt the mass murderers.

[MrHoppers002]

it's really a catch 22. They need to us to buy their stuff for them to get money. Our economy is based on consuemr spending. So we spend money we're done. We don't spend money the world is done.

[bood3e]

US owe China over 14 trillion dollars.

[DEATHBYFLYINGCDS]

@MrHoppers002 So what are you saying? That we're obligated to spend until we're as poor as the rest of the world?