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 4/10 Good --- network.nationalpost.com http://feeds.feedburner.com/DianeFrancis
| Financial Post editor at large Diane Francis blogs daily on business, financial matters and news in Canada and the United States ... |
Thursday, May 08, 2008 --- 77 days ago http://network.nationalpost.com/np/blogs/francis/archive/2008/05/07/how-to-get-r
 It rains on Mumbai's sea of humanity. Getty Images To be rich is glorious Canadians are sitting on C$45 billion in cash because they are nervous in these uncertain times. So are the Americans. But invest in oil, mining and any stocks that will cash in on the Marshall Plans underway in China, India and other emerging economies. Here are the facts about the world’s biggest urbanization underway from the McKinsey Global Institute and investment bank sources: -- Some 350 million Chinese will move from farm to city by 2025, more than the population of the U.S. This is only 17 years away. -- One billion Chinese will live in cities by 2030 -- 221 Chinese cities have more than one million population already. Europe has only 35 such cities. -- Five billion square meters of road will be paved in China -- 170 mass transit systems will be built -- Five million buildings will be built with 40 million square meters of space -- 50,000 skyscrapers will be built, equivalent to ten New Yorks. -- In 1991, there were 23 cities in India with more than one million people. Now there are 35 and this will soar within 20 years. Here is the infrastructure facts from Morgan Stanley: US$21.7 trillion will be spent on infrastructure in emerging markets – 67% in Asia; 15% Eastern Europe; 11% Latin America; 4% Middle East and 3% Africa. 100,000 miles of pipeline US$30 trillion on oil refineries 500 new offshore rigs costing US$250 bi ... |
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