We are passing through tough economic times and the entire world economy is in shambles. This is seriously affecting both business and economy. People are losing their jobs and many companies are going out of business. Things began to worsen with the sub-prime crisis in the US, caused by loans to risky or sub-prime mortgagees who had weak credit histories. We then witnessed extraordinary scenes of government regulators in US and UK forced to save collapsing banks in order to avert a meltdown of the financial system. This has its repercussions in all countries and China is no exception. In the last 30 years the rate of china economy economy has been registering an average 8% growth in Gross Domestic Product per annum but now she is also badly affected.