the chinese housing market

In the wake of the full-scale financial crisis, global economy has entered an unprecedented recession. Large numbers of successful enterprises failed to pull through it, some of them escaped the fortune of closing down, but still sank into government purchasing, such as AIG. However, not only banks, securities or insurance companies suffered a lot in this circumstance, even IT industry is struggling to survive.
In order to pass through the “winter”, Huawei company constantly “reduce weight”, sell its non-core business continuously. According to report, huawei will sell its mobile business recently to save itself from financial crisis.
Lenovo, successful to become 500 tops of the world first time, hope to pass through the crisis by cost squeeze. Because of the worldwide serious economic crisis, the majority of companies in America lessen their cost in IT industry, the phenomenon first influence HP and DELL—the first 2 PC company in global IT industry. Fortunately, lenovo’s