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Article: BOOM towns rock
- Article from:
- Intheblack
- Article date:
- February 1, 2008
- Author:
CopyrightCopyright CPA Australia Feb 2008. Provided by ProQuest LLC. (Hide copyright information)
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THE MUTUALLY BENEFICIAL RELATIONSHIP BETWEEN WORLD ECONOMIC POWERHOUSE CHINA AND RESOURCE-RICH AUSTRALIA-STILL HAS A LONG WAY TO GO
Wandering through a construction site in the southern Chinese boom town of Shenzhen, where yet another factory is being built, the dizzying statistics behind the resources boom underpinning Australia's ruddy economic health take on a very real dimension.
These statistics are marked out in zinc, copper wire and, most importantly of all, iron ore.
There are circuit boxes and steel girders on this site, crucial elements of the giant construction project to build the factories that ' are fuelling China's astounding economic boom, where double-digit growth has ...