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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (1202)	2/8/2003 5:59:48 PM
From: RealMuLan	Read Replies (3) \| Respond to of 48738

I think that China will catch up the US before 2020 was the old estimates from a couple of years ago. I read an article (I do not have the link right now) said that in the last couple of years, China voluntarily reduces its dependence on coal, so now the estimates is that China would not catch up until 2050 or after. And it is not fair by any standard to look at the total emission without considering China has 4.5 times of the pop. of the US. Although I do not have the figure, I would think in terms of per capita emission, China would not catch up the US in another 50 years, if not longer. Having said that, I personally think China should put money in developing public transportation, NOT personal cars. Another side of the story, the 3 big US car makers will benefit at least the same, if not more, from the motorization in China. I read that GM already made profit in China's market and used it on its balance sheet to compensate the loss on the domestic market. All these just IMHO