摘要
China cannot be inoculated against the world economic downturn the global investment bank Lehman Brothers stated recently at a press conference on 2008 Asian market liquidity, It predicts a slowdown in Asian economies, although it also believes the region＇s rapid growth will continue China＇s GDP growth is expected to decline to 9.8 percent this year, and fall to 8 percent in 2009. However, the crucial issue for the nation is coping with the excess production capacity that has been created by a much more rapid growth in investment than consumption,
