Travel To China

Baby, I’m Anxious asked:


What factors have allowed China’s economy to grow so much?

Why do some experts predict China’s economy is going to collapse as fast as it expanded?

Clarence

Little Phelps asked:


I know that China’s economy is growing fast and that most of the stuff at Walmart is from China. But how does China afford all of the hundreds of new modern skyscrapers being built every year? The country is somehow managing to move hundreds of millions of people to cities. How? That has to be incredibly expensive. Where does it get the money? India can’t do anything like that. Even the United States probably couldn’t do that if it tried. Where does China get the money for this? They can’t be that rich from selling plastic toys and cheap funiture.

Kasey

bebekyc asked:


I read a Chinese magazine that talked about how 10,000 factory owners fleed over night to escape the burden caused by China economy changes, such as the decrease on the export tax rebates. However, I’m still having a hard time understanding the 4 major reasons it mentioned; the tax rebates, the labor rights, the deposit on import and the increase on income tax. Can anyone elaborate more on these?

Keegan