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


To: mishedlo who wrote (27026)4/7/2005 12:50:31 AM
From: RealMuLan  Respond to of 116555
 
Yeah, it is true. That is why the long-term projection for China by 2020 is that GDP increases by 4 times, but the energy consumption only increases by 2 times. That means half of the GDP increase is supposed to come from energy efficiency.

And BTW, a large part of this situation is due to the developed countries, in order to make money, transferring those old/out-of-date technology to China.