Topic 46 Tight Purse Strings or Spend More?
China’s economy is not immune to the influence of the global economic crisis. As China
’s
economy is
heavily
dependent on global
trade
and investment
flows,
the
global
economic slowdown
has already had a negative impact on China
’s export sector and industries. There are some
observations that our economy is already slowing down. In response, many scholars call on
Chinese people
to
spend more money to
create
domestic
demands in various
magazines and
newspapers. They even equal consumption with being patriotic. In my point of view, we should
hold
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