First Nickel Inc. FNKLF

China is not slowing down

[marketminer]

https://articles.moneycentral.msn.com/Investing/StockInvestingTrading/FourNewManhattans.aspx#pageTopAnchor --------------------------------------------------------------- China is now consuming about a third of the world's annual steel production and about half the world's concrete. At any given moment, anywhere from half to two-thirds of the world's construction cranes are in China. In the process, scores of new millionaires and dozens of new investment opportunities are being created. Graphic: China's wealthiest The process produces odd contrasts: In Shanghai, the hub of much of this activity, travelers can marvel at the gleaming, spotless train station -- only to board Soviet-era trains with tattered seat covers. "The country has been building the equivalent of four Manhattans every year for the last few years," says Jing Ulrich, the Hong Kong-based managing director of China equities for JPMorgan Securities.