China is the world’s second-largest consumer of oil after the U.S. Much of the oil consumed by China is imported making it the second largest importer of oil also. According to the U.S. EIA, China consumed about 10.7 million barrels per day in 2013. China’s oil production and consumption Click to enlarge China’s largest oil …
As a emerging market superpower China is the largest consumer of many natural resource. China does not have huge crude oil resources and is a net importer of the black stuff. The following chart shows the list of countries which supply crude oil and natural gas to China: Click to enlarge Source: Fueling a …
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The U.S. housing market is highly different than housing markets in other countries.For example, unlike in most countries mortgages in most of the U.S. are are non-recourse loans which means borrowers can default on their loans and simply walk away free while the lender takes the loss. I wrote a post back in 2012 comparing …
Continue reading ‘Vanguard: A Comparison Of Chinese And US Housing Markets’ »
China has the world’s largest population. As a developing country undergoing dramatic changes in the past few decades healthcare is one sector that is vastly under developed and offer plenty of potential for growth. Healthcare is especially interesting since millions of rural people move into large urban cities and their lifestyles change. So in this …
Continue reading ‘A Brief Overview of the Healthcare System in China’ »
The largest Chinese firms by revenues from the Fortune Global 500 list for 2012 are listed below: Source: Fortune Global 500, Fortune