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Morrolan
- Part of the furniture
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by Morrolan » 16th Jul, '12, 08:43
interesting read.
http://www.businessinsider.com/chinas-e ... ing-2012-7
In 2010, China has built around 1.8bn square meters of new residential floor space, which is the equivalent of Spain’s housing floor space stock. This construction has already provided accommodation for 60 million people while the urban population has merely increased by c. 20 million. If China were to keep its current construction pace over the next five years, the 9bn sqm new housing area built would provide accommodation for 300 million more people by 2015.
Therefore the available floor space stock in China will then be able to accommodate an urbanization rate of 65-70%.But according to IMF's forecast, it will be not until 2030 for China's urbanization to reach that level.
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Joseph27
- Going Postal
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by Joseph27 » 19th Jul, '12, 13:01
http://www.abc.net.au/radionational/pro ... ty/4026076
Satyajit Das gives some very sobering analysis on this
"truth is a group of metaphors, metonyms, and anthropomorphisms; a sum of human relation which is poetically and rhetorically intensified, metamorphosed and adored so that after a long time it is then codified in the binding canon."
