china construction bank stock
Terrifying Truths About China
Though China now plays a vital role in the global economy, just ten years ago it was a small emerging market. It has now transformed into a geopolitical giant, but there are some things that are plain scary:
Economy:
If a person used his entire year’s wage on housing, the average Beijing resident could buy only 10 square feet of residential property (the size of a small bedroom).
The Chinese GDP per capita is the 91st-lowest on the earth, even less than Bosnia & Herzegovina.
China’s economy grew 7 times faster than the United States’ over the past 10 years (316% growth vs. 43%).
More than 134 million people in China live on less than $1 a day.
Military:
China not only has a high tech ‘kill weapon’ for destroying U.S.A. aircraft carriers, it has 150% more soldiers than America. It is believed that the missile can travel at mach 10 and obtain its maximum range of 2000km in less than 12 minutes.
Travel:
The new train between Shanghai and Beijing (150 mph vs 302 mph) travels twice as fast as Americ’s fastest ‘high speed’ train.
Environment:
China’s vast Gobi Desert is the size of Peru and expanding 1,400 square miles per year, through water source depletion, over-foresting and over-grazing.
Linfen has been named the most polluted city on the planet. The high levels of pollution take an enormous toll on human health, with clinics reporting ever more cases of bronchitis, pneumonia and lung cancer.
Commerce:
China is the source of over 77% of America’s pirated goods.
China farms half a billion pigs, which is more than the next 43 pork producing countries combined.
80 percent of toys as well as 85 percent of artificial Christmas trees are made in China.
40% of small businesses in China went broke in the global financial crisis.
China will add more new city-dwellers than the entire American population by 2030.
By 2025, China will construct enough skyscrapers to fill 10 New York-sized cities, yet China has 64 million empty homes, which includes entire vacant cities. Build and populate later is the Chinese policy, as can be also seen in Las Vegas and Spain.
There are more cell phones in China than people in the U.S.A.
The world’s biggest shopping mall is in China… but it has been 99% unused since 2005.
Society:
Most Chinese people drink polluted water.
Around a third of all Chinese adults live in their parents’ home.
Chinese consume 50,000 cigarettes every second.
Only 75% of the Chinese population believes in the ‘one-child’ policy.
The Bubonic medieval plague, which began in China in the Gobi desert in the early 1330’s and wiped out 25 million Europeans, is still found in China, along with several other nations.
Religion:
China is on track to becoming the biggest center of Christianity on earth, with an estimated 54 million Christians in the nation. Already there are more Christians in China than in all of Italy.
74 percent of the Chinese people believe in evolution, which is more than Mexico (69%), Argentina (68%) and England (68%).
Justice System:
China carried out three times as many executions as the rest of the world, at least 1,718 in 2008, Amnesty International reported. Many analysts put the yearly figure closer to 6,000. Many executions are done on the roadside in vehicles, where the condemned are injected.
Nearly 10,000 Chinese citizens disappear each year into unsanctioned ‘black jails’.
Finance
China is the largest foreign holder of U.S. Treasury securities, holding over $840 billion worth.
When anyone purchases stocks on the Chinese stock market, they are basically financing China’s government. Eight of Shanghai’s top ten stocks are government owned. These include PetroChina, Bank of China, and China Life Insurance Co.
China still receives foreign aid from both the United Nations and America.
Finally, if the population of China walked past single file, it would never end.
About the Author
Rick and Wendy are CEO’s of YouMe Support Foundation charity that gives away non repayable high school education grants to children who will never have the opportunity to have a high school education without outside assistance.
The most smater man in the world is American ?
last year ,every Chinese pay 100$ for American because of stock of China Construction Bank listed ,as Chinese ,i am ashemed it ,
wake up ,Chinese!!
Possibly, Definetly not maybe YES , peanut butter jelly time 
Japanese Exporters; Commodity Stocks; Bank Of America Sells China Construction Bank Shares
