China's Private Business Leaders Optimistic

China’s economic development has progressed to a stage at which it is mature enough to overcome deepening anxieties around the world arising from the recent safety problems of Chinese manufactured products. The radical transformation of its economy over the past three decades has helped it resolve similar crises, experience demonstrates. For weeks, top Chinese officials spared no effort trying to debunk a litany of accusations from the United States and Europe over a long string of safety problems found in products made in China: toys, toothpaste and clothing involving hazardous materials or sometimes lethal ingredients.