Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

9 of 10
BACKNEXT
China
GDP 6.7%
Inflation -1.6%
Unemployment 9%*
Markets 22.1%
Gallon of gas $3.01
Interest Rates 5.31%

Challenges The country's GDP fell to a 5-year low in 2008 as manufacturing exports slowed amid weak global demand. And mass layoffs at factories are worse than the official 9% unemployment rate suggests, since China does not track employment outside of major cities.

Solutions Premier Wen Jiabao's government unveiled a $586 billion government stimulus package in November, aimed at boosting housing, health care and infrastructure, including more than $70 billion in tax breaks for struggling exporters. In mid-March, Wen said another stimulus may be needed to bring economic growth back up to 8%.

See stats for all 10 countries

NEXT: Brazil
Last updated March 30 2009: 8:02 AM ET
*China only reports urban unemployment rates
Sources: IMF, national statistics offices, central banks, SSEA, AIRINC
More Galleries
10 of the best beaches near airports Wait out your layover in the transit lounge? Or grab some sun, sand and surf? More
World's Top Employers for New Grads For an exclusive CNNMoney list, research firm Universum Global surveyed business students at colleges around the world to see where they most want to work. More
A White House press briefing as told by CNN's sketch artist The White House started banning cameras during some briefings, so CNN sent in sketch artist Bill Hennessy. More

Special Offer