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But, with China imports increasing 40 percent in 2003, it is difficult for China to slow down its economy by 9.8 percent. China is known as the world's third-largest importer.
In April 2004, many construction companies were hit hard by the shortage of cement and other needed materials to complete ongoing and planned building projects. The shortage of cement and other raw material was due to China large consumption needed to keep up with its growth. China is rapidly growing and requiring more building material than ever before causing prices for raw material to steadily increase. "China consumes 55 percent of the world's cement, 40 percent of its steel and 25 percent of its aluminum...
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Common topics in this essay:
- China's Economy
- China’s Growing Economy—Helped or Hindered U.S. Economy
- china joins the global economy
- Operations Management And Ethics
- Operations Management and Ethics
- Operations Management and Ethics
- Operations Management and Ethics
- Operations Management and Ethics
- Operations Management and Ethics
- Operations Management and Ethics
- Operations Management and Ethics
- Operations Management and Ethics
- What Factors Led to the Slowdown of the US Economy in 2001? Have matters improved in 2004? Evaluate the Risks of a Downturn in 2005 if Oil Prices Remain Over $40 a Barrel. What Are the Effects on the European and Asian Economies?
- China'S Economy
- The Economy of China
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