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The Chinese economic growth is based largely on a real estate boom similar to what occurred in the U.S. [link widoczny dla zalogowanych] leading up to these tough economic times and also housing crisis. Several business leaders and also economists assume that when China's real estate bubble bursts the U.S. will probably be thrown back into recession.

Added to that is the issue of currency valuation. The U.S. dollar has been created artificially weak contrary to the Chinese currency to ensure that businesses in china [link widoczny dla zalogowanych] can import goods from the U.S. at low costs. Should the bubble bursts the U.S. Dollar will grow drastically against Chinese currency ultimately causing a sharp decrease in imports by China from the U.S.

Business leaders in the U.S. are waiting [link widoczny dla zalogowanych] to see what happens in China as the Chinese government attempt to shift the economic focus from real estate to consumer goods. Should the economic shift is productive the Chinese economy [link widoczny dla zalogowanych] is anticiapted to continue growing which will be beneficial to the U.S. economy.

In the U.S. jobless people remain high because businesses are often unwilling to hire and expand with the perceived uncertainty of another recession taking [link widoczny dla zalogowanych] place soon. The U.S. government need to follow up the financial stimulus along with hiring incentives for businesses. This would lead to a reduction in unemployment and an increase in demand for consumer goods. Thus, helping the Chinese economy due to increased exports of consumer goods to the U.S.

The most effective for small businesses in the U.S. are the same as always. Keep a clear head on customer service and marketing. This is the only thing a small venture can perform in the face of a large international economic crisis. [link widoczny dla zalogowanych] It is through providing outstanding service to customers that small enterprises won't only survive but be succesful in uncertain economic times.

Though small [link widoczny dla zalogowanych] businesses in the U.S. create the great majority of new jobs in the country, you cannot find any reason to hire unless the business is growing. For a small business to grow it has to appeal to new [link widoczny dla zalogowanych] customers, when a new customer is [link widoczny dla zalogowanych] served the business only gets one [link widoczny dla zalogowanych] chance to come up with a good impression which it's no wonder that quality customer service is really vital.
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