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Thread: Can the earthquake "shake" China's economy?
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[quote=JIMMYB,288310]The earthquake happened in Wenchuan in Sichuan Province has caused serious damages. Many people lost their lives and some people's houses were destroyed. What's more, it has also impacted China's economy. The shares in Shanghai stock market fell about 1.8 percent. Both China Life and Pacific Insurance dropped 7 percent at least. On the other hand, the economists say that the earthquake will make the inflation problem more serious and the prices will rise. However, some predict that the impact of the earthquake on the economy might last too long. The economists of JPMorgan say that the impact of the earth quake on the economy will be much less that that of the snowstorm. What are your comments? Can the earthquake "shake" China's economy?[/quote]
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