It is not necessary to tell you that our world is going through a strong economical recession. See, when it comes to China, people from all over the world were definitely too optimistic about the crisis and the way it might affect this country. However, times have not improved a lot. In fact, the economical crisis has done nothing but getting worse during the last ten years. This is exactly the period of time that it has taken analysers to take off their rose-tinted glasses and take a look at the real China, with the actual problems they are living.
Economically, we could divide China into two major parts: the east and the west. These two areas have some sort of different economical reaction against the crisis. Both halves were equally considered stable during the first years of the crisis. Now, the first pink glasses have come off analyzers eyes. The west is the first are expected to fall. Although China is definitely strong, the problems are starting to appear notably in the West. They are expecting to have a long period of low growth, which would represent horrible profit decreases for them.
So we all know that there is no way this crisis is stopping soon, or at least in a way that it doesn’t cause horrible effects somewhere. Therefore, the economical crisis seen in the west is most likely to be seen in the east very soon. However, analyzers still have their rose glasses when it comes to the eastern area of China.