« China's Top Ten Knock-Offs # 4 Chanel | Main | Trade with China - Benefit or not? »

Jul 2
China's Economy By the Numbers

China's Economy is going full throttle.

First quarter growth - 10.3%

Industrial production in May surged - 18%

Global trade surplus - $13 billion in May

Exports climbed 25%

Money supply is up - 19%

Bank lending reached - $26 billion in May alone

China uses aluminum - 20% of world total

China uses steel, iron ore, and coal - 30% of world total

China uses cement - 45% of world total

China's economy has reached - $2 Trillion

China plans to create - 10 million jobs annually

Real estate investment reached - 8.6% of GDP last year

But everybody knows that it cannot continue at this pace.

Those not in the know wonder why.

But after every boom, inevitably there is a bust.

When will China's bust come?

What do you think?

go to 老毕看中国

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« China's Top Ten Knock-Offs # 4 Chanel | Main | Trade with China - Benefit or not? »

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