Bridging the Economic Gap
The Chinese economy is growing fast.
It is estimated that China, in a few short years will become the second biggest economy in the world.
This means that it will take a step to be above Japan and will only second the United States.
Several things are boosting its economy but one of the main things is its work in infrastructure projects.
In 2008 it opened the 3 Gorges Dam, a huge undertaking that will be capable of producing a large amount of eco friendly energy with its turbine generators.
Then earlier this year, in one day, it opened four bridges to the public, two of these being the longest bridges ever built.
Three of the bridges are part of its high speed railway system, in which China must be one of the leaders in this field.
It is now considering building a high speed railway system across Asia, joining Europe to China. It has already started construction on high speed links to South East Asia.
- Should the West, Change its Tactics?
The West will often send troops to different countries. This is supposed to be to protect their business interests. Is it in fact having the opposite effect?
Rare Earth Metals
Another reason for China’s growing economy is the need for rare earth in modern technology. China possesses 95% of the Earths rare earth metals.
It would also appear that keeping its distance from the world’s battlefields is also helping.
Whilst a lot of the world were watching the conflict in Afghanistan, China did not stand idle.
Whilst some countries were sending soldiers and diplomats to Afghanistan, China was sending businessmen and engineers.
While the fighting was going on, China secured mining contracts in Afghanistan. Not only for ores but also for the mining of one of the biggest rare earth deposits outside of China.
In these hard economic times, it is sometimes hard to see how the United States economy will stay ahead of that of China.
President Obama has said that America needs to work on its infrastructure in order to boost its economy and even mentioned high speed trains.
The problem is though, even when the Eastern span of The San Francisco Bay Bridge was rebuilt, it still used steel from China. So can America’s recovery take place without equally helping China?
- Is the United States Third World?
By many criteria the US is third world. Is this possible and what does it mean?
- The Dangers of the Deficit
We have all heard of the deficit but what does it really mean? Could it result in the break up of the US? How and why?
- Applaud What?
American politicians are applauding themselves for agreeing on a deficit plan. Why are they happy? This is the truth about what little they have achieved.
- A Weighty Economic Problem
The three things that are growing in the US are: the debt, peoples size and health costs. Is it possible to combine the three to find a solution?
- Let's Get Serious
Why do politicians insist on making trivial laws to try and boost votes, instead of dealing with the big pictures?
- The Great Train
Now that the Chinese will be running trains from Europe to China, what will it mean to terrorist opportunities?