China's economy grows nearly 12 percent

Since 2009 China is inside the worldwide economic crisis, like a lot of countries. As you know, China is an undeveloped country and it is more difficult overcome the crisis for it than a developed country.

The prospects of the Gross Domestic Product (GDP) were, more or less, of a 9% for the whole year, and only in the first quarter of year, it has exceeded their previsions with a 12%. The growth was fuelled by industrial growth.

This unexpected growth does not mean that China is outside of the worldwide crisis forever. It means that it is recovering from its bad situation, worst than the majority of the countries, so they have to continue controlling it.

As I said before, one reason of this unforeseen growth is the industrialization. A lot of business from the first world and developed countries bring their industries to undeveloped countries because of the low costs. In these types of countries there is an authoritarian politic regime, plentiful and cheaper labour, etc., so it is cheaper for the companies made their activity in these countries. When we speak about it, we are speaking about one really known phenomenon; the relocation.

From my point of view, this phenomenon helps a lot these countries with difficulties of development, so I think that is good help them with an indirect way. Nowadays, a lot of Spanish and Catalan companies have industries around the world.

This piece of news is from CNN News.