China Contractors Go After Foreign Stimulus Funds [View article]
Most in the global construction industry haas been expecting this day for years.
Having built the largest dams, tunnels, airports, bridges, harbors; most challenging highways and railways in the world. China's construction industry enjoys not only capacity and cost advantages, but also advanded technological strength.
When China's long term internal infrastructure build up begins to level off in 5-10 years, they will be even more formidable competitors.
Five Ways to Profit from China's Stimulus Plan [View article]
"In the stimulus package, more than $100 billion is earmarked for railroads, a seemingly 19th century priority at the beginning of the 21st."
Author does not seem to realize that railroads trnasportation are far more energy efficient and environment friendly than truck/car trnasportation. Besides, many of China's railroads have been extremely overloaded.
China Contractors Go After Foreign Stimulus Funds [View article]
Having built the largest dams, tunnels, airports, bridges, harbors; most challenging highways and railways in the world. China's construction industry enjoys not only capacity and cost advantages, but also advanded technological strength.
When China's long term internal infrastructure build up begins to level off in 5-10 years, they will be even more formidable competitors.
Five Ways to Profit from China's Stimulus Plan [View article]
Author does not seem to realize that railroads trnasportation are far more energy efficient and environment friendly than truck/car trnasportation. Besides, many of China's railroads have been extremely overloaded.