China, the World’s Economic Driver and Polluter
Here is something to get your head around. These figures may be a little high given the slowdown in world economy. But, this moves the Chinese from Stratospheric to Upper Atmosphere.
China has 19% of the world’s population, but it consumes:
- 53% of the world’s Cement
- 48% of the world’s Iron Ore
- 47% of the world’s Coal, and
And the majority of just about every other major commodity.
In Y 2010, China produced 11X more steel than the United States .
New World Record: China made and sold 18-M vehicles in Y 2010.
There are more pigs in China than in the next 43 pork producing nations combined.
China currently has the world’s fastest train and the world’s largest high-speed rail network.
China is currently the number one producer in the world of Wind and Solar power, but do not use it themselves. While they manufacture 80% of the world’s solar panels, they install less than 5% and build a new Coal fired power station weekly. In 1 year they turn on more new Coal powered electricity than Australia ‘s total output.
China currently controls more than 90% of the total global supply of rare earth elements.
In the past 15 years, China has moved from 14th place to 2nd place in the world in published scientific research articles.
China now possesses the fastest supercomputer on the Planet.
At the end of March 2011, China has accumulated $3.04-T in US foreign currency reserves,the largest stockpile of US debt there is in the world.
Chinese people consume 50,000 cigarettes every second.
They are already the largest CO2 (carbon dioxide) emitter and their output will rise 70% by Y 2020.
China is the world’s largest producer of EV’s.
And we western thinking people think we are saving our Planet
It will not make 1 bit of difference what we do in the US, Australia, the EU and Canada, the United States or anywhere else in the for that matter.
What is happening is that the politicians are increasing our cost of living and making our manufacturers uncompetitive in the world market, when countries like China are growing and consuming at these extraordinary rates.
Latest posts by Paul Ebeling (see all)
- Shiller, “Don’t Sell Stocks Because of High Valuations” - March 24, 2017
- Key Stock Indexes, Crude, Gold & Silver Markets Briefing - March 24, 2017
- Wall Street’s Top Analysts Upgrades, Downgrades & Initiations - March 24, 2017