1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

Financial Crisis and Asia: Chinese rural population is supposed to stimulate the economy

This browser does not support the video element.

Constanze TressMarch 30, 2009

Like Japan, China's economy relies heavily on exports. Its key trading partner is the United States - the engine which drives the world economy. But with the financial crisis, US consumer demand has fallen dramatically - with huge consequences for export driven economies. Factories in China have scaled down work and thousands of workers - mostly rural immigrants - have been laid off. To make up for the loss of overseas demand, the Chinese government is now trying to stimulate domestic consumer spending.

Skip next section DW's Top Story

DW's Top Story

Skip next section More stories from DW