Is China recession-proof? (video)
Source: McKinsey Quarterly
"China's economy has demonstrated remarkable resilience in the midst of a worldwide slump. How has the country managed to cope? Is China finally emerging as an engine of global demand? Can its economy generate enough new jobs to maintain social stability? What will drive future growth, and how should foreign firms in China adapt? In this video roundtable, a panel of leading Chinese economists explores these questions and explains how the world's fastest-growing economy keeps expanding despite the global downturn."