A few Facts about China that may Blow Your Mind

September 17, 2012

From Business Insider, comes 15 Facts (actually 17) About China that will Blow Your Mind. Here are five of them. Visit Business Insider to see the rest and the details.

1. By 2025, China will build TEN New York-sized cities.

Shanghai river waterfront

2. China already consumes twice as much steel as the US, Europe and Japan combined.

3. If the Chinese, one day, use as much oil per person as America, then the world will need seven more Saudi Arabias to meet the demand.

Note:  Another reason why China NEEDS to go Green with their power. See my piece about this topic at China Going Green. The growing crises with industrial pollution linked to oil is another reason.

4. Chinese Internet users are five times as likely to have blogs as Americans.

5. Chinese GDP (Gross Domestic Product) could overtake the U.S. as soon as the early 2020s.

Bonus Fact: The Chinese plan to have a permanent space station before 2020, walk on the moon by 2025 and a manned mission to Mars by 2040-2060.

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Lloyd Lofthouse is the award-winning author of The Concubine Saga. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

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2 Comments | China, Communism, environment, government, science | Tagged: , , , , , , | Permalink
Posted by Lloyd Lofthouse

Intel in China

May 28, 2010

When you hear Americans complaining about China stealing jobs, here are a few facts to know.

Chinese consumers buy computers. In fact, there are more Chinese using the Internet than the entire population of the United States. That’s a lot of Internet surfing. Source: Internet World Stats.com

For that reason, Intel’s President and CEO, Paul Otellini said, “China is our fastest-growing major market and we believe it’s critical that we invest in markets that will provide for future growth to better serve our customers.”

Intel is one of the largest foreign investors in China and is opening a wafer fabrication facility in Dalian, Liaoning Province.  This added investment in China will cost $2.5 billion bringing Intel’s total investment to $4 billion. The last new fabrication plant Intel built was in Ireland in 1992.

Intel now has over 6,000 employees on assembly and test research and developing in 16 cities in Mainland China. Intel also has a facility in Bangalore, India. Source: Intel

In the United States, Intel has over 20 different locations. In Oregon alone, Intel has invested $22 billion and employs 15,500 Americans with an annual payroll of $1.5 billion. Source: Intel

Learn more about Chinese Stereotype Alive and Rotten in America

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Lloyd Lofthouse is the author of the award winning novels My Splendid Concubine and Our Hart. He also Blogs at The Soulful Veteran and Crazy Normal.

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1 Comment | America, business, China, economy | Tagged: , , , | Permalink
Posted by Lloyd Lofthouse