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GorillaGorilla

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GorillaGorilla

Re: None

Friday, 04/30/2010 11:34:51 AM

Friday, April 30, 2010 11:34:51 AM

Post# of 94785
Economist: Electicity & Devlopment in China (+loans)

Totally mind boggling increase in Electicity.

Capacity added this year alone will exceed the installed total of Brazil, Italy and Britain, and come close to that of Germany and France. By 2012 China should produce more power annually than America, the current leader.

State banks and their cheap credit

the utilities invest spectacular amounts in capital equipment, financed largely by cheap loans from state-controlled banks.

http://www.economist.com/business-finance/displaystory.cfm?story_id=16015467

rich
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