El-Watan

Promoting Democracy in Algeria

China: Strategy and Economy

CHINA – THE GIANT OF THE ECONOMY Welinton Dos Santos is economist and psicopedagogo It has little time the Chinese products were faced by diffidence for the national consumer and international, today, with the technological revolution that occurs in that country, it places CHINA in a comfortable situation. The Chinese government invested heavy in the education and today the country is 2 in scientific article production. With the technological evolution, it passed to conquer other pursuings of the international economy, as of telecommunications. The Hauwei manufacturer, will be 3 bigger of the sector in the year of 2009. Add to your understanding with Time Warner. This company who has branch office in Campinas, invoicing more than US$ 1 billion in Brazil in 2008, will go to invest in the country as well as its competitor the ZTE that announced US$ investments 2 billion in the Brazilian economy, according to information of Eric Zhou Hongfeng, director of the ZTE for Latin America. The money is come of the Bank of> Development of China. Giant, because in the first trimester of 2009 the Chinese banks had only granted to credits of the US$ order 673 billion, according to report divulged in day 07/05/2009, for the Bank of the People of China, Chinese Central banking.

Other US$ 575 billion were the sum offered for the Chinese Government, beyond incentives the sales of vehicles, as in the Brazilian case that already stimulated the sales in the April month, they had been vendidos 1 million of vehicles more than. China withholds 63% of the production of footwear of the world, 36% of the global steel, 75% of the market of toys and Xangai will be capital of the automobile of this year, desbancando Detroit of U.S.A. Strategically China is investing in the purchase of oil of Colombia, Russia, Brazil, already they only exceed the US$ 40 billion agreements in last the 60 days.

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