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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.50+0.6%Jan 8 4:00 PM EST
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To: Elroy Jetson who wrote (42221)11/3/2008 5:57:04 PM
From: Moominoid  Read Replies (1) of 219150
 
I visited the TEDA (Tianjin Economic Development Area) in Tanggu last month. Local planning person told us that 3000 companies had invested in the zone but only about 1000 were really operating/making money etc. Seemed investors came for the incentives but then didn't do much necessarily. Or that is what I was told through translation. The industrial area seemed very quiet - some plants had cars parked outside them, but there was much going on in terms of trucks delivering or picking up stuff or people walking around and lots of empty car parks. But in both Tianjin and Beijing it certainly looked like a boom was on. Construction workers on the site next to our hotel in Beijing never seemed to stop working for example. They must be in a couple of shifts or something.
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