Easter Bunny

22 the panda rabbit

Philosophical Question About China

What would two people from China more readily fight over- a seat on the subway or a nickle?

btw the pic is of a riot in Chongqing a while back…

What Flood in China?

China Latest Form of Birth Control-Stupidity

Check out this video on YouTube:

Ballin’ Brewskie Brings It Real on China- Failing Steel and Baby Death Food

The BrewMan nailed it with a post chock full of news goodness, so I have broken it down into bite sized chunks. Here is part one..

From the BrewMan
“We all knew China’s voracious appetite for steel production would lead to floods atherosclerosis:
Chongqing Iron and Steel Company defaults on debts; Debt/asset ratio has risen further to 84.32% by the end of 2011 according to the report (that ratio bears eerie resemblance to property developers’ deb/asset stats).
http://www.alsosprachanalyst.com/economy/steelmakers-default-highlights-overcapacity-and-impact-of-slowing-economy.html
http://www.alsosprachanalyst.com/economy/more-than-600-companies-were-affected-in-yet-another-credit-crisis-in-china.html
Guangzhou Iron and Steel Enterprises Group too trotted this song-and-death tango. Steel industry as a whole in bad straits.
http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20120726000071
Who says the Chinese can’t innovate for the benevolence of mankind(?): tenaciously toxic toddler formula discovered to have cancer-causing alfatoxin, which is linked to mildewed cattle feed.
http://www.huffingtonpost.com/2012/07/23/china-baby-formula-_n_1694518.html