Deflation is a very big problem in China starting in early 2016. Deflation is when the price looses its price. This happened to the houses in China. This makes it hard for small home business to sell and expand to a bigger company. This affects not only company owners but everyday people. For example, if you wanted to move out of the country, you wouldn't be able to sell your house for a good price in compared to what you probably bought it for, this would lead to loosing money. Also know and deflation.
Static-economist. N.p., n.d. Web. 20 Apr. 2017. <http://cdn.static-economist.com/sites/default/files/images/2014/11/blogs/free-exchange/sr_chart_3.jpg>.
Staff, Investopedia. "Growth Rates." Investopedia. N.p., 19 June 2015. Web. 20 Apr. 2017. <http://www.investopedia.com/terms/g/growthrates.asp>.
ENVIRONMENTAL DEGRADATION:
Is a very big problem in China. In the article written by, C.F.R. backgrounders, A local villager speaks about the environmental issues. The man speaks about his daily issues that he and the rest of china struggle on a daily basis. For example, the people of China wear face masks because of all the pollution and rubbish that is surrounding their work place and homes. China is the worlds largest source of carbon emissions, and the air quality of many of its major cities fails to meet the international health standards. Life expectancy north of the HUAI river is 5.5 years lower than in the south due to the air pollution (LIFE EXPECTANCY IN CHINA IS 75.3 ACCORDING TO 2013 UN FIGURES). This is because of all the chemical fumes and pollution surrounding their daily air. Everyone deserves to live a full hard working life style. Clean air should be a given, and not an award. CLICK THE LINK BELOW TO VIEW THE ENTIRE ARTICLE AND LEARN ABOUT NEW CURRENT EVENTS THAT ARE AFFECTING CHINA.
"ENVIRONMENTAL DEGRADATION." N.p., Feb.-Mar. 2016. Web. 18 Apr. 2017.