...Other than the fat cats that control the world economy?
World has new No. 2 auto sales market
China has surged past Japan to become the world's Number 2 vehicle market last year, as car purchases by newly affluent drivers jumped 37%. The US is still tops for auto sales. Yesterday's announcement from the Chinese auto industry highlights China's lightning evolution from a bicycle kingdom into a red-hot market in which foreign producers are racing to open factories and target a growing urban middle class. Struggling US auto makers General Motors and Ford have received a boost from double-digit sales growth in China, and fledgling Chinese manufacturers are starting to export their own cars, trucks and SUVs. "There's money here and people spend that money on cars," said Michael Dunne, vp for Asia-Pacific for auto research firm J.D. Power and Associates. "The Chinese government has made no secret of its intention to develop a car culture and a car industry. All of the forces are working together." China's vehicle sales, including trucks and buses, rose 25.1% to 7.2 million units last year, the China Association of Automobile Manufacturers said. Japan's total vehicle sales last year came to 5.7 million units, the Japan Automobile Manufacturers Association said, while US car and truck sales totalled 16.5 million units last year, says Autodata Inc.
(Toronto Star 070112)
Anyone that thinks 2.5 billion people in China and India will be able to emulate North American standards of living and all the issues that come with it -- energy consumption, runaway consumerism, waste production -- 2 cars in every Chinese suburban family gargage -- will occur without horrific consequences to the environment and painful shifts in the world economy are, simply put, completely delusional.
I had hoped that China's civic planners would see how corrupt, irrational and ponzi-schemed the American model is and that they would attempt some more sustainable approach to their national growth, but now I see that they are just as myopic, pandering and greedy as any other Western interest. Everything is wrong, indeed.