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Post# of 252013
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DewDiligence

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DewDiligence

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Re: DewDiligence post# 92581

Thursday, 01/19/2012 5:46:53 PM

Thursday, January 19, 2012 5:46:53 PM

Post# of 252013
51% of China’s 1.35B people live in cities, up from about 20% in 1980:

http://online.wsj.com/article/SB10001424052970203735304577166652002366514.html

Compared to other emerging markets, China’s urbanization still has a long, long way to go, as can be seen from the charts in #msg-56438958.

McKinsey, the consulting firm, forecasts that China’s urban population will reach 1B by 2030, which implies a 2012->2030 increase in China’s urban population that is larger then the total US population in 2012.

See #msg-56407145, #msg-70416781, #msg-70959130, #msg-57188901, and the table in #msg-48556414 for related info.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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