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


To: stockfiend who wrote (91262)2/5/2008 11:22:33 AM
From: GST  Respond to of 110194
 
<So China's miserable infrastructure is a net positive for China?> Yes, absolutely it is a positive. China is in the middle of 50 year infrastructure development boom -- it is amazing how far it has come in major cities and in some sectors, and it is amazing how much more there is to develop. This, along with the emergence of a middle class of several hundred million Chinese and booming exports is what is driving their astronomical growth rates.