The people's march for jobs

Link to the article: Channel 4

Last Modified: 02 Mar 2009
By: Faisal Islam

With exports dropping and unemployment rising, China is faced with a massive task: how to reshape its economy and stave off recession.

Today's fresh collapse in share prices shows that the credit crunch is still eating away at western economies.

For a while, it seemed China would ride out the economic crisis - its booming industries helping to steer the world away from depression.

But now the Chinese authorities are faced with a massive task in reshaping their entire economy.

Faisal Islam reports from Guangdong and Shanghai - China's industrial and financial heartlands - on a massive upheaval that could shape the future of the world economy.