My reading journal C組 溫宏鈞

The surging Chinese economy has created uncertainty, fear ,and even anger about unfair competiton. It has also become a major political issue as middle-

class manufacturing jobs are being transferred overseas. The image of China as the beast of far east is well entrenched. But that doesn't necessarily mean

the reality matches the popular perception. So ,is China really the economic steamroller we think it is?

Even more important, could we really live without Chinese goods ?

That is the question asked by author in her book.

So, what is the truth about China? The economic data are not as clear as the press would have we believe. Beginning in the eraly 1980s and accelerating in

the 1990s the Chinese government stopped centrally controlling its economy . China began opening up its markets, and the flood of foreign investment

into the country led to an enormous growth surge in the economy.By the end of 2006, China had one of the five largest economies in the world , and by one

measure, called purchasing power parity , it was second only to the America.