Economists are debating the possibility that China’s economy could have a “hard-landing” or lengthy recession. For most Chinese businesses, the slowdown has become a reality. The question that concerns those businesses most is how to keep going. In the Chinese city of Yiwu, sellers are feeling the effects of a slowing economy. But they also are finding ways to weather the storm. Henry Kou’s family has been in the porcelain business for many years. The family business was good when China’s economy was booming. But now, the economy is growing at its slowest rate in more than 25 years. The market for dinner plates and other porcelain products is weak. Over the past two years, Henry Wou says, sales have dropped by 20 percent. To keep afloat, he has cut production and packaging costs, even his own profits. “Our customers are really hurting too, so we’ve tried to limit our profits in the hope that we can keep business going.” He sells porcelain products in Yiwu’s huge wholesale market.

What does booming mean?
a new way
a material made of baked clay
to get through a difficult situation
doing very well
What might China's economy experience in the future?
increase
jump
recession
stabilization
Sellers are feeling the effects of a slowing economy.
presidency
economy
election
war