Economic Development Futures Journal

Saturday, December 13, 2003

counter statistics

China's Limits to Growth

Changsha, China - Residents of this southern Chinese city spend one day of every four without power. Coal is growing scarcer. Electric heaters have been banned, and sales of generators have quadrupled. For the capital of the Chinese province where Mao Tse-tung was born, these are dark days.

A spike in demand for electricity, fed by a booming economy, is outstripping supply in parts of southern China. The government worries the power crunch could hamper the development so pivotal to its efforts to lift millions of Chinese out of poverty.

This is just one of many signs that China's rapid economic growth is placing on the country. It will be some time before China has the infrastructure to sustain growth at current levels. Keep watching. There is more to come on this issue.

Go here to read more.

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