Adanac Molybdenum Corporation AUAYF

With

[barrymore99]

this kind of insatiable appetite. Why isn't AUA being snapped up some Chinese manufacturer? As author Ted C. Fishman writes in China, Inc., 'countries in the early stages of economic reform often come up fast, but not like China. The country is closing in on a 30-year run during which its economy has doubled nearly three times over. The surge has no equal in modern history. Neither Japan's nor South Korea's postwar booms come anywhere close.' According to Fishman, in China right now a city the size of Philadelphia springs up every 30 days. Over the last two decades, the income of the average Chinese citizen has increased more than 1,000%. And China is already building the most advanced rapid-transit system in the world. Within just a few years, China's economic output will be greater than Japan's. Greater than Germany's. Greater, even, than the United States of America. This is creating opportunities on a scale almost unimaginable. But only for those who know where to look - and exactly what to do. For example, 300 million rural Chinese will move to cities in the next 15 years. China must build urban infrastructure equivalent to that of Houston every month in order to absorb them. The demand for raw materials is virtually insatiable today. China is already buying 9% of the world's oil, more than a quarter of all aluminum, a third of its iron ore, and better than 40% of the world's cement. It is estimated that China will need enough structural steel to build a Manhattan's worth of new buildings every year for the next two decades. Already China is the world's largest maker of toys, clothing and consumer electronics. And is swiftly moving up the ladder in car production, computer manufacturing, biotechnology and telecommunications, thanks to low-cost workers and high-tech factories