Global Financial Crisis Hits China's Economy

BEIJING - DECEMBER 19: A man delivers Christmas decorations at a market on December 19, 2008 in Beijing, China. A large number of Christmas decorations destined to the Western market are sold on the domestic market as a result of a weaker international demand due to the global credit crunch. China exported 1.28 billion USD of Christmas-related goods from July to October, up 3.6%, over the same period in 2007, while the growth was down 38.9% year-on-year, Xinhua news agency reported. (Photo by Guang Niu/Getty Images)
BEIJING - DECEMBER 19: A man delivers Christmas decorations at a market on December 19, 2008 in Beijing, China. A large number of Christmas decorations destined to the Western market are sold on the domestic market as a result of a weaker international demand due to the global credit crunch. China exported 1.28 billion USD of Christmas-related goods from July to October, up 3.6%, over the same period in 2007, while the growth was down 38.9% year-on-year, Xinhua news agency reported. (Photo by Guang Niu/Getty Images)
Global Financial Crisis Hits China's Economy
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Credit:
Guang Niu / Staff
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84090282
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Getty Images News
Date created:
19 December, 2008
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