According to the Reaching Beyond Our Borders Box, Titled, "The

According to the Reaching Beyond our Borders box, titled, "The Banking Crisis Goes Global", China:

A) is one of the only nations in the world that is unaffected by the 2008-2009 recession.
B) is benefitting from the fact that its government demanded that Chinese banks continue to support small businesses with generous loans. It was a smart move because it saved many from going bankrupt.
C) went to the IMF (International Monetary Fund) in pursuit of loans to continue to prop-up its small businesses.
D) permitted banks (as in other nations) to operate independently from the government. Banks refused to lend to small businesses, resulting in several thousand going bankrupt in 2008.