that 64.5 million urban electricity meters registered zero consumption over a recent, six-month period. That led to a theory that China has enough empty apartments to house 200 million people.
Yet watching CNBC on occasion all you hear is that China is going to be the locomotive for the world economy because we and Europe have problems...invest in China...is the mantra.
19 posted on 08/04/2010 8:42:21 PM PDT by Ernest_at_the_Beach
( Support Geert Wilders)
You are absolutely correct. A month ago CNBC was all about euro going from 1.18 to parity with the dollar. All talk has stopped once euro reached 1.23. There is always mantra of the week. Today it's how well China is growing.
23 posted on 08/05/2010 7:00:59 PM PDT by TopQuark