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Showing posts with label economic growth. Show all posts
Showing posts with label economic growth. Show all posts

Tuesday, November 16, 2010

China laps US in efficiency

China laps US in efficiency

A construction crew in the South of China constructed a hotel in less than a week; it was built with all pre-fabricated material. It appears the US is afraid of the new economic heights China is reaching after learning of this impressive achievement. China has now surpassed Japan in economic growth, giving the US economy a run for its money


Tuesday, October 26, 2010

Jim Rogers: "US will lose economic war"

Jim Rogers: "US will lose economic war"

China has become the world's fastest growing economy, what can the US be taught from the Chinese as the US economy continues to struggle? Jim Rogers, co-founder of the Quantum Fund says that US citizens should save and invest their money as their Chinese counter parts have. The Chinese are saving and investing an average of 35% of their income, taking an age old US principle and using it to their advantage.



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