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China
China
Chinese workers produce various components at the Mansfield Manufacturing plant in Dongguan, southern China's Guangdong province.
GDP: 9.74%
Inflation: 6.43%
Unemployment: 4%*
Markets: -64.92%
Gallon of gas: $3.48
Interest Rates: 6.66%


The country's GDP sinks to a 5-year low as manufacturing exports slow amid weak global demand. And mass layoffs at factories are worse than the official 4% unemployment rate suggests, since China does not track employment outside of major cities. A $586 billion government stimulus package aims to boost housing, health care and infrastructure, and includes tax breaks for struggling exporters.

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NEXT: Germany
Last updated November 14 2008: 9:27 AM ET
*China only reports urban unemployment rates
Sources: IMF, national statistics offices, central banks, stock exchanges, AIRINC
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