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Chinese Economy In Turmoil

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Uploaded by on Dec 20, 2008

Over 6 million Chinese workers have lost their jobs this year, as growth has been severely hampered by an extended recession in the U.S. Celia Hatton reports from Dongguan, Southern China.

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  • @puremoth....stupid chinese. If you owe the bank a dollar, it's your probem...if you owe the bank 1.4 Trillion, it's the bank's problem.

  • The reason we can do that is because we are not wasting money on other things such as the US in an Iraq war which costed $3.4 trillion (US Dept Commerce est) and $3.2 trillion in Afghanistan. Nor do we need to increase holdings of falling economies like what the Eu is doing for Greece currently, Ireland through 2012, Italy an possibility 2012, and Spain by 2013. There is no need to hate the Chinese as we are in this global shit together.

  • OMG, this video is so old. I can't believe I lost track and came here. For what it is worth, here is the sccop. Due to the GLOBAL recession which did hit hard in 2008 starting with the US markets, demand for labor to make items fell globally. Since then, China due to its massive $256B yearly surplus, has pumped by Oxford estimates close to $856B into internal infrastructure projects aimed at creating jobs and modernizing more cities in China aside from kep port cities of the Yangtze and Yellow.

  • @yrusuchadick You better not be wrong, smarty. Because right now, I'll remember your name if it does not goes as you predict.

  • @souro19 Well, thank you. You just admitted that India doesn't have heavy industry. U.S. fare badly in economy because of their dismal heavy industry sector, which they chose finance over commodity and paid dearly for not having a real, solid commodity. Sorry to disappoint your assumption, China got her commodity of heavy industry to export.

    Looks like I'm right after-all, drug cunts will always don't think and do something right. Congratulation, you did it.

  • @ltmikepowell WE ARE 4TH RICHEST AND TOP LIVING POOR PEOPLE BASED COUNTRY !

    WHERE INDIA IS 3RD GEN COUNTRY AS LIKE AFRICA,CONGO ,SOMALIA !

    INDIA HAVE 2ND FASTEST GDP GROWTH, WITHOUT HEAVY INDUSTRIES !

    CHINA ALL READY START ALL THINGS !

    WE ARE BORN TO BEAT CHINA !

    BECAUSE INDIA HAVE OPPORTUNITY ,SIZE,ELIGIBILITY TO BEAT CHINA !

  • @souro19 Then drugs is your meal and your future then, cheap cunt.

  • @ltmikepowell CHINA MEANS FUCK !

    WHO ATE CAT,DOG,FETUS,PLACENTA !

  • @souro19 Then don't try, smarty. Drug cunts will never think and do things right.

  • @ltmikepowell CANT DELETE THAT'S FUCKING CHINESE VIDEO !

    WHERE INDIA NEVER SHOW THAT'S LIKE FUCKING VIDEO !

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