I am not sure if I am the only one in the dark, but China is way bigger an economic force than what I thought it was, in fact more than I had imagine.
One fact set me straight: “Every minute of every day, china opens a new skyscraper the size of Auckland’s Vero tower”. That’s 50,000 skyscrapers.
China is mobilising and creating cities in some 22 major economic regions, building 10 new – New Yorks and some 250 Auckland’s.
By 2025, two-thirds of China’s citizens will live in cities … … that’s nearly 1 billion people
Notes: from Andrew Grant – McKinsey & Company presentation at MORGO 2010
For the full story on this check out http://www.stuff.co.nz/business/industries/4115882/What-it-takes-to-succeed-in-China