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Thread: US economic recession benefits China?
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[quote=ZOEY,264582]Stephen S. Roach, the a senior executive with Morgan Stanley said in Shanghai that US economy might have entered its recession and it will influence Chinse economy growth and exports. But the influence is not negative. On contrary, US economic recession can benefit China to some degree and it is estimated that Chinese economy growth rate in 2008 might slow down a bit, 8% to 9 %. At present, China is trying to cool down its over-heating economy. Althought many measures have been put into use, the result is not satisfying. If US economy goes into recession, it will help slown Chinese economy growth. This is what Chinese government expects. Do you think US ecnomy will enter its recession? If so, does it really benefit China? What are your views on this issue?[/quote]
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