China during Financial Crisis

Dear All, as this is a tough time for all and everyone, all the nations are facing the same problem of Financial Crisis, but the scene is somewhat different in certain parts of Globe. neither people are afraid nor the companies. I read one article and got some learning which I am sharing with you all. China in financial Crisis.
There are certain reasons for the countries because of which they are not that much in the trouble zone. The very first reason is the Tradition and Culture of Business. When one talks about China, people are of very quite and silent type. By their culture itself they don't use to speak too much and the same they use to do in their Business. So what happens is that they becomes more concerned and can put their deep thought to do their business. They have the basic philosophy that "Stay one Step Ahead your Competitors". Even today, there are certain companies in China which are making big money and they are the Domestic Players, not Global. As they don't show off too much they have the sufficient reserve with them. They have taken and will continue to follow and develop new strategies. They are going to reduce the cost ie Cost Cutting Strategy. And when the entire globe in trying to get rid of the Financial Crisis, they people are more relaxed, spending money in R&D. They are developing their product during this tough time, so that after the Financial Crisis, they can Lead the market. This all the happenings remembers me about the economic recession in Hong Kong in 1993, when the real state in Shanghai has taken a big turn to become the Hub for the Asian Market.The co relation between that time and this time is that they have taken a shift in the strategies in the context of Long term and short term. In 1993, they have developed Long term Strategy and today they have taken the shift from the short term to a long term strategy.
Someone has truly said that " Winners are those people who work on Long term focus" and that holds quite true in the case of China