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IDC's BRIC: Brazil, Russia, India, and China Executive Market Watch service is a qualitative complement to our quarterly research services and range of annual studies published in these countries. In this document you will find an analysis of the developments of the 4Q 2008 in China.
China, like other countries around the world, is feeling the effects of the global economic crisis. While it is expected that business will decline, the slow down in the GDP is anticipated to be above 6.0%, indicating a steady growth.
The economic crisis has afforded many opportunities in innovation and efficiency within industries like healthcare, education, construction in transportation, agriculture and telecom. However, the full effects of these opportunities have yet to be determined.
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