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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: 10K a day who wrote (45151)5/8/2005 2:51:37 PM
From: geode00  Read Replies (1) of 173976
 
Corporate Welfare is always ok while helping people who can't afford healthcare is immoral for Republicans. Heads: SCREWED ON BACKWARDS!

I heard last year that China was sucking up not just oil but concrete and steel because they couldn't knock off building so much. It was actually affecting the building boom in the US.

====== ooops!

"What does the future hold?
Industry analysts predict that cement shortages may lessen as soon as the end of the year or as late as summer 2005, but there is no guarantee regarding what the future holds.

Building in China has been slowed recently through the implementation of measures to dampen overbuilding and overinvesting.

“In early 2004, China introduced austerity measures to reduce lending and slow the country’s economic boom,” says Chipman. “In the past 120 days, there has been a slowdown in the Chinese economy, including construction.”

Although construction in China has been slowed recently, Chipman expects that demand will not go away any time soon.

“There will be ups and downs, but over the next several decades there will continue to be an enormous amount of demand for construction to fulfill the needs of China’s burgeoning economy.”

To continue to meet commitments, regardless of the U.S. cement supply, Grant Thornton’s Ernst advises contractors and developers to form and nurture relationships with suppliers.

“Cementing these relationships when demand is not high can pay off in the long run.”

grantthornton.com
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