/begin my translationNo Future for China's Resource Wasteful EconomyCho Young-haeng2005.07.04 13:06 41'The current structure of Chinese economy, which requires consuming world's resources at an astonishing speed, will keep Chinese economy from sustaining its growth, reported Hong Kong's South China Morning Post(SCMP) on July 4. The paper pointed out that, despite impressive economic growth of China, its economic model is resource-intensive, wasteful of energy, and destructive to its environment.The recent rate of Chinese consumption of raw materials is startling. China now has 30 million automobiles, and its oil import is the second in the world. This year, its oil consumption rate...