China Growth Stocks

[GorillaGorilla]

The low lodging-houses are pretty numerous (somewhat exceeding 400), chiefly in courts near the centre of the town; they are almost always loathsomely filthy and close, the resorts of beggars, trampers, thieves and prostitutes, who here, regardless alike of decency or comfort, eat, drink, smoke and sleep in an atmosphere unendurable by all except the degraded, besotted inmates.

Pollution would seem a fact of Chinese's current life. However, it's for China, and especially the growing middle classes, to push for environmental reform. The above paragraph was written by Engels about Birmingham in 1845 - Birmingham was the epicenter of the Idustrial revolution and that pollution would have been happening for at least 50 years before Engles documented it.

Birmingham was still having fogs in 1960s and people who lived through them have a reduced life expetency as well as incresed prevelence of breathing illnesses. So, that's 200 years of shortened lives.

I have to report, living in the East of Birmingham, I have never seen a smog in my life. I am an optomist in most things and I also believe China can sort this mess out faster than we did in the West. You can judge them, understandably , but we should also acknowledge that the west have been through this way already.

We're investing in China because of where the country is going and not where it's at now.

rich

http://www.marxists.org/archive/marx/works/1845/condition-working-class/index.htm