1 posted on
07/21/2004 2:18:47 PM PDT by
Migraine
To: Migraine
China should start a crash nuclear energy program.
Set the example for the world.
Use some of that trade surplus from the US for infrastructure rather than military.
The people will demand more energy and the communist system will collapse from within.
China's economy is a runaway train that can't be stopped!
2 posted on
07/21/2004 2:22:26 PM PDT by
CROSSHIGHWAYMAN
(I don't believe anything a Democrat says. Bill Clinton set the standard!)
To: Migraine
This story has been ongoing, but in the past, the crisis has focused on petroleum supplies. This quote summarizes the problem, in more ways than one:
"This is a continuing effort to address the problem of over-investment in some sectors," Zhu said.
Zhu said. They still don't get it. It's the government management, stupid. Hey, it's not overinvestment if the stuff you make is selling like hotcakes; it's lack of incentive for any entity to go out and build the infrastructure.
3 posted on
07/21/2004 2:22:27 PM PDT by
Migraine
To: Migraine
China is in the midst of an electricity crisis as its booming economy creates massive demand that could result in the worst power shortfall since the 1980s.All of which can be laid square on the doorstep of China's centeral -- and centeralized (a.k.a. "planned economy") -- government.
7 posted on
07/21/2004 2:31:26 PM PDT by
yankeedame
("Born with the gift of laughter & a sense that the world was mad.")
To: Migraine
China is also running out of water. Yes, I know they have floods, but the water they have is in the wrong places.
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