Tuesday, 10 February 2015
China economy- Xinhui
China economy is very good. However, due to its huge population, the gross income for every person is very low. Because manpower in china can be easily sought after at a low cost with china's population, investers go to China to build factories and manufacture goods. Other than the manpower, th land in China is vast and is cheaper compared to countries in Singapore. Tax rates are very low also. However, despite china economy, many people are suffering because they gross income for every person is very low, and thus many people do not have enough in China. The rich and poor gap is ever widening because of this.
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Xin Hui
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