Chitanic Leaking Water-Construction Industry in Trouble

China is good at one thing, fouling stuff up. They can ruin rice, milk, religion and now construction companies. Many are going belly up. The reason is all the cash spent on paying for communists to send their kids overseas so they can obtain citizenship when china fails or when their dads foul up. Bo guagua is a prime example Story Investment risk for mainland China’s construction industry has increased, due to their high liabilities and the number of firms, and now most listed construction companies have a negative cash flow, reported Liu Minkang, former chairman of China Banking Regulatory Commission on April 19. He cautioned that should those construction firms go to Hong Kong to float bonds for fundraising, the move would cause much trouble. Read more http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20120421000002&cid=1202