Amid Optimism China's Currency Rises By Keith Bradsher

Decent Essays
In the New York Times article, “Amid Optimism, China’s Currency Rises” by Keith Bradsher informs the reader about China’s economic situation over these few years. The burden China’s financial system is under is causing slow growth, however China’s citizens refuse to say there is no hope left for the recovery of their economy. One of the main causes of the economic state is the debts china has. Their debt is what will affect their long term growth therefore, pushing them away is not an option anymore. As China’s debts slowly stack up they are becoming less manageable than before therefore, it is a bigger problem than before and needs to be dealt as soon as possible. China’s economic issues are still putting them at a risk of little to no growth

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