Fortunately, the China economy is growing nicely and that should serve to help relax more than a few other national economies around the world. In fact, it's growing at a rate that is impressive, especially given the current global economic downturn. Money has trickled into emerging markets at times to create massive gyrations as we have seen in the Chinese stock market.

Chinese leadership maintains that the country's national economy is growing at ever faster rates with each passing month, and there isn't much evidence out there that they're not correct. China also seems to be on the brink of passing Japan as the world's second-largest economy, maybe by the year' end.

China's Gross Domestic Product or GDP grew by 7. 1% in the first half of 2009, which is quite an impressive feat considering that China and most other countries were forced to undergo an economic restructuring due to the global economic collapse. Its GDP increase puts it by itself among the world's top 10 economies in terms of showing an increase, also.

It is believed by many financial mavens and economic experts that the Chinese economy will prove to be the catalyst that will leave the rest of the world's markets and national economies out of the current slump. The Chinese really hope that this is so, as they depend on consumers in many countries, especially in the US, to buy Chinese manufactured goods.

Realizing this, both China and the United States have sought to work closely together in order to stabilize economic and strategic actions that will hopefully have the effect of improving and creating growth in the US sector. Americans are the largest consumers of Chinese goods, so it's important to the Chinese government that this effect manifests itself soon.

Almost every expert that looks at China stock market these days maintains that it is working hard to be a responsible global economic partner, which is quite a change from the days of Chairman Mao. China has also demonstrated how an effective government economic stimulus package -- it's sunk 586 billion in stimulus money into its economy -- can work when it's executed properly.

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