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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (58154)	4/14/2006 1:57:14 PM
From: sammy™ -_-	Read Replies (1) \| Respond to of 110194

CHINA's economy could outstrip those of every other developed nation by 2050. Researcher Pricewaterhouse predicts that the country's economy will double between 2005 and 2050. While China's economy is currently only 18 per cent the size of that of the USA in dollar terms, on purchasing power it is 76 per cent. The Chinese economy could actually be 43 per cent larger than that of the USA by 2050, although it would still trail in terms of dollar size. The company also predicted that, the economies of the UK, Germany and France could wind up smaller than Mexico's. With the Desert storms from Central Asia are leaving a trail of destruction. The Chinese call it "yellow dragon." Koreans, "the fifth season." Each spring, the dust from China's northern deserts is swept up by the wind and whipped eastward, blasting into Beijing. A choking blanket of particles coats houses, cars, and people, and the city's hospitals become flooded with patients suffering from respiratory ailments. The dust clogs machinery, shutters airports, and destroys crops, forcing thousands of rural Chinese off their lands. Clouds of it blow throughout Asia, carrying pollution and potentially infectious disease. This is where economic disaster lies within China. The plan to solve this is known as the Green Great Wall - a 2,800-mile network of forest belts designed to stop the sands. Chinese scientists believe the trees can serve as a wind-breaker and halt the advancing desert. Chinese officials predict that the effort will terminate expansion of new desertification within a decade. By 2050, they claim, much of the arid land can be restored to a productive and sustainable state. The furies are fed by desertification: Overgrazing, deforestation, and drought convert arid land to desert, creating a layer of mobile topsoil. This combination of forces is expanding the Gobi desert by about 950 square miles per year. Now, with the dunes within 150 miles of China's capital city, and the 2008 Olympics on the way, Beijing officials have initiated a massive campaign to attack the problem. yo