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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (15327)	11/10/2004 12:52:41 AM
From: RealMuLan	Respond to of 116555

>>While U.S. Works on Yuan<< LOL, good luck<g>

To: mishedlo who wrote (15327)	11/10/2004 12:53:02 AM
From: RealMuLan	Respond to of 116555

Mish, here is why China needs so many coals, just to name a few: To produce every KW of electricity, China needs to burn 404 grams of coals, while the industrial nations use only 317 grams of coals. So China consumes 27.4% more coals for every single KW of electricity. The heating of the residential buildings in China consumes 2-3 times of more energy comparing with developed nations of similar temperatures. The industrial boiler in China has 20% lower efficiency. The unit consumption of energy in China is, on average, 40% higher than developed nations.