Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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Aez
Terracotta Army
Posts: 1369
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Japan is impressive for its size.
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lamaros
Terracotta Army
Posts: 8021
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I'd say China has well and truly cemented it's place as #1.
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Phildo
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Where does it all go?!? Are they building an elevator straight down to America?
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IainC
Developers
Posts: 6538
Wargaming.net
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There was a program about the buildup to the Beijing Olympics recently and someone threw out the statistic that something like 40% of the world's steel is currently going to China for the Beijing makeover.
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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There was a program about the buildup to the Beijing Olympics recently and someone threw out the statistic that something like 40% of the world's steel is currently going to China for the Beijing makeover.
It's not Beijing's makeover. It's China's boom in general. Ten years ago, most of their cities didn't have skyscraper CBDs and bicycles filled the roads. Now their cities are metropolises full of middle class drivers. We're talking about a country of billions, where there are hundreds of cities we've never heard of, each with millions of people (see recent earthquake). They import raw materials, not finished products, and much of it goes to internal needs now, where before it was mostly to make exports. Their industrial and urban expansion is increasing exponentially. As a result, the mining states in Australia (mainly Western Australia) have exploded with boom fever. It's insane over there - house prices doubling, freshly trained workers paid $90,000 to operate drills. We are feeding China iron ore as fast as we can load boats. China has even been trying to buy into mining rights and mining companies to stop us price gouging. It's insulating us from the US crisis. America has interest rates down low to spark investment, we've got interest rates up high (nearly 10%) to try and stop our economy overheating. In the past we've always followed the US up or down. |
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NowhereMan
Terracotta Army
Posts: 7353
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What he said. The difference between big cities like Beijing 10 years ago and today is so massive its almost hard to believe and they have plenty of new 'cities' that are technically towns with populations in the millions. Coming from the UK most of our cities are smaller than some Chinese towns.
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"Look at my car. Do you think that was bought with the earnest love of geeks?" - HaemishM
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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Star of the insanity: Fortescue Metals, formerly a shitty little shelf company. They bought the mining rights to red desert that contains 3 billion tonnes of iron ore, possibly 20 billion tonnes. The land area is 40,000km/2 (equal to Texas). They built a port and a 260km railroad with the world's heaviest trains, and signed deals with Chinese steel mills. They're on the stock market. The founder Andrew 'Twiggy' Forrest was worth $400m in 2006. He is now worth $10 billion. AND ONLY THEN DID THEY SHIP THEIR FIRST BOAT OF IRON ORE. Watch the PR video on their homepage: http://www.fmgl.com.au |
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« Last Edit: June 18, 2008, 03:57:26 AM by Tale »
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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Yegolev
Moderator
Posts: 24440
2/10 WOULD NOT INGEST
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Well, once they have a bigger Death Star than the USA, I will move.
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Why am I homeless? Why do all you motherfuckers need homes is the real question.
They called it The Prayer, its answer was law
Mommy come back 'cause the water's all gone
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kaid
Terracotta Army
Posts: 3113
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China has the huge three gorges project which is using insane amounts of material and as part of that they have created a number of cities the size of chicago within the last few years just for the displaced people. That does not include the cities that are being created and or hugely upgraded across their nation. China is in a huge boom now and a lot of mining areas that were previously non viable are coming back to life. The iron range of Minnesota is starting to go fully active again and most of their big mines have been closed for years due to lack of profitability but now with iron and steel prices so crazy they are ramping up to go back into full swing in the next couple years.
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schild
Administrator
Posts: 60350
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That sea bridge only cost 1.5B USD?
Cheap labor I suppose. Ahem, I meant slave.
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Endie
Terracotta Army
Posts: 6436
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I'd say China has well and truly cemented it's place as #1.
Are those figures absolutely concrete? |
My blog: http://endie.netTwitter - Endieposts "What else would one expect of Scottish sociopaths sipping their single malt Glenlivit [sic]?" Jack Thompson |
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Endie
Terracotta Army
Posts: 6436
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The iron range of Minnesota is starting to go fully active again and most of their big mines have been closed for years due to lack of profitability but now with iron and steel prices so crazy they are ramping up to go back into full swing in the next couple years.
It's like the food thig: I hike/mountaineer a lot and the areas under cultivation here (Scotland) extend across virtually everything practical now. |
My blog: http://endie.netTwitter - Endieposts "What else would one expect of Scottish sociopaths sipping their single malt Glenlivit [sic]?" Jack Thompson |
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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I'd say China has well and truly cemented it's place as #1.
Are those figures absolutely concrete? Set in stone. |
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tazelbain
Terracotta Army
Posts: 6603
tazelbain
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I'd say China has well and truly cemented it's place as #1.
Are those figures absolutely concrete? All aggregate data shows it, Limey. |
"Me am play gods"
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Endie
Terracotta Army
Posts: 6436
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I'd say China has well and truly cemented it's place as #1.
Are those figures absolutely concrete? All aggregate data shows it, Limey. Nice double play. You have rendered me speechless. |
My blog: http://endie.netTwitter - Endieposts "What else would one expect of Scottish sociopaths sipping their single malt Glenlivit [sic]?" Jack Thompson |
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Bungee
Terracotta Army
Posts: 897
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Where does it all go?!? Are they building an elevator straight down to America?
Off-topic- but why is EVERYTHING on the western hemisphere on the exact opposute side of the globe? |
Freedom is the raid target. -tazelbain
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Murgos
Terracotta Army
Posts: 7474
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I'd say China has well and truly cemented it's place as #1.
Are those figures absolutely concrete? All aggregate data shows it, Limey. Nice double play. You have rendered me speechless. It was quite the set up. |
"You have all recieved youre last warning. I am in the process of currently tracking all of youre ips and pinging your home adressess. you should not have commencemed a war with me" - Aaron Rayburn
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schild
Administrator
Posts: 60350
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I hate you people.
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Sky
Terracotta Army
Posts: 32117
I love my TV an' hug my TV an' call it 'George'.
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This thread really sets the bar low, I hate to reinforce it. But it fits the form, I guess. Maybe I just have a sandy vag about it.
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Lantyssa
Terracotta Army
Posts: 20848
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I hate you people.
Don't be an ass. Fault lies with those who can't see the humor in word play.  (Think phonetically. I wouldn't normally call Schild that without being mad.) |
Hahahaha! I'm really good at this!
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IainC
Developers
Posts: 6538
Wargaming.net
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This thread is in poor form.
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Sky
Terracotta Army
Posts: 32117
I love my TV an' hug my TV an' call it 'George'.
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Definitely need to find a cure for it.
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Murgos
Terracotta Army
Posts: 7474
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I hate you people.
Maybe you should just let the punsters pour out their bad habits here. If you give them attention you'll just reinforce their behavior. |
"You have all recieved youre last warning. I am in the process of currently tracking all of youre ips and pinging your home adressess. you should not have commencemed a war with me" - Aaron Rayburn
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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Back on topic-ish. We are feeding China iron ore as fast as we can load boats. China has even been trying to buy into mining rights and mining companies to stop us price gouging. June 23: "Baosteel Group Corp. , China's largest steelmaker, on June 23 agreed to pay Rio Tinto as much as 97 percent more for annual contract iron ore as demand outpaced global supply." June 24: "Japan steel firms agree to doubling of iron-ore price" |
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