Tuesday, July 12, 2011

China update

When Will China Take Over the World? 



China Wants To Construct A 50 Square Mile Self-Sustaining City South Of Boise, Idaho

While Some Chinese Highways Can't Make A Profit, Others Accused Of Overcharging

Another Shiny New Chinese Infrastructure Project Collapses, And Kills 2

That World's Longest Bridge In China Was Such A Rush Job, It Already Has Safety Problems

Now Here's The 2nd Big Chinese Infrastructure Failure Of The Day
A powerline screwup caused a 10-day old high-speed rail line between Beijing and Shanghai to grind to a halt for 90 minutes. It's just 10 days old and already having problems!
Another Huge Red Flag From The World Of Chinese Muni Debt

Staring Down China's Inflation Dragon
Urban fixed asset investment rose to 9.03 trillion yuan ($1.39 trillion) in the first five months, up 25.8% year-over-year (See Chart), while investment in residential housing reached 1.33 trillion yuan, up 37.8% from the same period last year. This has partly contributed to the current escalating inflation in China.

No comments: