Global Economic Recession Stops Now?

Shenzhen, China (PressExposure) August 03, 2009 -- The economic recession started in 2008 has put numerous countries' economy into the stage of mess or collapsing. The most influenced business are online business, foreign trade, real estate, and banks. Now, the crisis seems to be over and the world economy seems to be recovering slowly.

According to Reuter report, GDP in China increases 7.9% in the second quarter of 2009, that number extends the previous expectations from outside. In Shenzhen in this country, the prices of house increase stably in recent two months, compared to the early of 2009. The number of employees demand rises, job seekers now have 2 or more job options, according to local news.

In accordance to, the economic recession of developed countries, including America, Japan, Europe, ect., has alleviated from the second quarter of 2009, because of their previous effective measures. In the second half of 2009, Economic crisis in American stops declining. And even a small increase has been achieved.

Some of the world-famous electronics [] brands also have increase in their income. According to a piece of BBC news on 30 July, 2009: Apple iPhone Shipments totaled 5.2 million units between April and June, a six-fold increase on a year earlier; shipments at Samsung were up 14% from a year earlier to 52.3 million units; LG shipments rose 8% to 29.8 million; and Motorola made a net profit of $26m, up from $4m a year earlier.

Some people hold positive attitude about the economy development in the late of 2009, some still have worries, especially about China economy. China economic grows too fast. Chinese government chose to focus more on quantity instead of quality when they made macro strategies.

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Press Release Submitted On: August 03, 2009 at 4:03 am
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