China’s economy slows sharply, Japan exports sink (AP)

In this Jan. 10, 2009 file photo released by China's Xinhua news agency, Chinese Premier Wen Jiabao, right, holds the wheel of a tractor Changfa Group in Changzhou City during his three-day visit to factories in China's eastern province of Jiangsu. Premier Wen Jiabao is calling for quick action to reverse an economic slump as soon as possible. (AP Photo/Xinhua, Li Xueren, File)AP – China’s economic slump worsened in the final quarter of 2008 as the impact of the global crisis spread, heightening fears of job losses and unrest, while Japanese exports fell at a record pace in December.


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