Monday, March 5, 2012

Current Events #5

http://www.nytimes.com/2012/03/06/business/global/in-china-sobering-signs-of-a-slower-growth.html?_r=1&ref=global-home

In China,Sobering signs of slower Growth; By Keith Bradsher
Published March 5,2012

China is the worlds most populous country. With a population of 1.3 billion. China is a communist country. Before it was run by many Empires and Dynastys. China became a communist country when the communist took over the Qing Dynasty and the nationlist led by Jiang Jieshi in 1949. The communist was led by Mao Zedong. They are a socialist government and is run by Hu Jintao.

This article is about Chinas economic Growth. China is planing on reducing its growth from 8 to a 7.5. If they succeed this would be the slowest in 22 years. Many store,factory, and construction workers think that this is a bad idea seeing that there is already a low amount of jobs left. China is makin a attempt to decrease its export. China became communist after the fall of the Qing dynasty