Reports Indicate China's Ecosystem Is Too Far Gone to Support a Growing Economy [View article]
"China’s water and soil woes appear to have now reached the point at which food and water shortages leading to a health crisis could be possible at any moment, leading in turn to a reduction in GDP at the exact wrong time."
- this is already occuring in many areas of China. SEPA published a stuning report last year showing that China's GDP suffers greatly from environmental issues, there are regular water shortages/ outages in China, and with 70% of water unfit for INDUSTRIAL use, it is clearly impacting investment.
With regard to the bank lending freeze, this was something I posted on All Roads last week and had some very interesting comments from members of the Shanghai community. In short, this is a phenomenon that occurs yearly, however they have decided to make a bigger case of it due to a higher level of concern that there is too much money in real estate. If interested in seeing the comments of 2 old China hands, go to allroadsleadtochina.co....
Reports Indicate China's Ecosystem Is Too Far Gone to Support a Growing Economy [View article]
- this is already occuring in many areas of China. SEPA published a stuning report last year showing that China's GDP suffers greatly from environmental issues, there are regular water shortages/ outages in China, and with 70% of water unfit for INDUSTRIAL use, it is clearly impacting investment.
I am covering all this and more at Cleaner Greener China (cleanergreenerchina.co...) and All Roads Lead to China (allroadsleadtochina.co...)
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Slamming the Brakes on China [View article]
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allroadsleadtochina.co...