That is the reason why the current emphasis in China is on the construction of 500kv extra-high-voltage lines and long-distance power transmission.
If economic growth carries on at the current rate in China, it will require up to 1, 000 gigawatts of new electricity generation in China.
This means that on average, every year for the next 50 years, the world population will grow by about the number of people that live now in Italy, and total population growth over the next 50 years will be more than twice the size of the current population in China.
FORBES: Feeding Frenzy For Ag Stocks As Food Shortages Begin To Bite
Click here for Delfeld's latest picks for playing China in the current issue of Chartwell Advisor.
Click here for a profile of Zhang in the current issue of Forbes China magazine.
Apple launched its current iPhone 5 in China in December, and while sales were solid, they were hardly phenomenal.
That turnaround exceeds the increase in China's current-account surplus over the same period.
He notes that Apple pointed out on the most recent earnings conference call that its current four stores in China had the highest average number of visitors and the highest revenues of all Apple stores.
In attempting its current restructuring, Acer faces a formidable Asian rival in China's Lenovo Group, which ranks a close second behind Hewlett-Packard Co. as the world's biggest PC maker.
Piper Jaffray called Baidu their top pick in China based on the current valuation.
In reality, China has a current-account surplus, which means that savings must exceed investment, not the other way around.
Thanks to huge current-account surpluses in China and the oil-exporters in the Gulf, emerging economies as a group still send capital to the rich world.
But Avis's big expansion plans (from the current ten rental stations in China to 70 by 2008) are largely driven by demand from businesses with a large share of foreign investment.
Auto analysts say Hero Honda's success formula combines Honda's engineering muscle with the Munjals' market savvy, including a knack for reaching customers in the countryside--which in India, as in China, is proving to be a source of growth in the current slowdown.
Average incomes in China have risen tenfold since the current pricing and subsidy regime was put in place in 1982.
In late August Keith Nosbusch, chief executive of Rockwell Automation, spent two draining weeks meeting with 147 current and would-be customers in China, Japan, Korea and India.
The fund seeks to earn current income reflective of money market rates in China available to foreign investors, and to provide exposure to movements in the Chinese Yuan relative to the United States dollar.
The estimated size of the mineral discovery is estimated to be 1, 000 times more than the current proven reserves, which are mostly located in China.
Demand, in the current market, comes from, surprise surprise, China.
But China's current account was already in surplus when the investment slowdown started, and is rising faster than it did a decade ago, so if and when the effects feed through to consumption, the change in the current account could be much bigger than last time.
Plans include raising a larger, second fund from current and new investors and opening satellite offices in places like China and Latin America over the next 12 to 24 months.
FORBES: BlackBerry Fund Says Developers ��Extremely Excited�� About PlayBook
Few expect China's current account to balance even in the medium term, but the country's surpluses are likely to stop growing so quickly and may even shrink before too long.
ECONOMIST: The flows are neither as big nor as scary as they once seemed
"In emerging economies with large and growing current account surpluses, especially China, it is desirable that their effective exchange rates move so that necessary adjustments can occur, " the finance chiefs said.
It expects China's current-account surplus to double in dollar terms between 2010 and 2014.
The Economist Intelligence Unit, a sister company to The Economist, expects China to move to a current-account deficit in 2001, after years of surplus.
Responsible for creating the current glut in the sector through its generous lending to solar manufacturers, China should start absorbing more of solar supply if it wants its solar manufacturing sector to thrive, and right now, simply survive with slim margins.
应用推荐