Resource title

Tackling the financial crisis by changing tack

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image for OpenScout resource :: Tackling the financial crisis by changing tack

Resource description

China, one of Asia’s economic powerhouses, is not immune to the global financial crisis despite enjoying double-digit growth in the last five years and being poised to achieve nine per cent growth this year. Share prices in Shanghai have fallen 72 per cent and house prices have come down 55 per cent. Demand has plummeted and thousands of factories have closed because of cancelled or delayed export orders.

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en

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text/html

Resource resource URL

http://knowledge.insead.edu/ChangingTack081111.cfm?vid=131

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Copyright INSEAD. All rights reserved