Wednesday, November 24, 2010
Monday, November 22, 2010
Monday, November 15, 2010
Stunning Time Lapse Video Of China Completing 15 Story Hotel In 6 Days
via zero hedge - on a long enough timeline, the survival rate for everyone drops to zero by Tyler Durden on 11/12/10
Repeat after us - there is no Chinese bubble </sarc>.
Although none is needed, here is some commentary
As the United States and China battle over the finer points of currency manipulation at the G-20 summit, American negotiators may want to take note of this startling testimonial to the productivity of Chinese workers: A construction crew in the south-central Chinese city of Changsha has completed a 15-story hotel in just six days. If nothing else, this remarkable achievement will stoke further complaints from American economic pundits that China's economy is far more accomplished than ours in tending to such basics as construction.
The work crew erected the hotel -- a soundproofed, thermal-insulated structure reportedly built to withstand a magnitude 9 earthquake -- with all prefabricated materials. In other words, a crew of off-site factory workers built the sections, and their on-site counterparts arranged them on the foundation for the Ark project.
h/t Clavin
Thursday, November 11, 2010
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