Recession in China
                                                                                                         China economy is slowing down but it may also affect on other countries economies i.e. In positive and negative Sense. The world stock market has also declined in negative affect. The world wide people have lost money who have invested in Chines companies.  Besides that developing countries like India has chance to strengthen its economy through better performance. This is a positive side of it.
                                       China is a close country which is being ruled  by authoritarian regime wherein conflict of ideology is going on between reformers and hardliners. The present Chines President Xi Jinping  is progressive and especially he is against Corruption. He has taken strict action against Corrupt Officials and the Office Bears of party which has created stiff resistance against him. This is a political situation prevailing in China. The lower class and middle class has come up economically in the Chines Society which is demanding now higher wages. It is also creating unrest in the Chines Society. Besides that vast production of Chines goods are creating problems in the absence of sufficient local consumptions and decrease in Export. China has also started to look at the country like Vietnam wherein labour is cheap. Besides that China has devalue its currency in order to encourage its export.
                                         In view of above Chinese economy is slowing down and stock market has gone down by 30%. Its GDP has come down to 7% from high as 10.5%. The 64 Million Housing is vacant and the Biggest Mall of China is occupied  1% only. China has one another disadvantage that young people median age in 2013 was  35.4. In the race of industrialization 500  largest Chines city maintains the quality air standard of 1%. only. The 1/3 of surface water and 60%of under water is unfit for human consumption. It adversely affecting the health of the people. The defective Birth rate of Babies in China is increasing by 40%.
                                       Besides that about 500 million people in China are still earning less then$2/- per day i.e. They are still living below poverty line. Even 35 million people are still living in caves in the interior China. China also has also strict censorship on communications and on the account of that Social medias like 'Facebook' and 'Twitters' are being blocked.
                                            In short China is in difficulties due to all  adverse points mentioned as  above. However it can also make negative impacts on the world economy.
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