China's cement boom.
This chart, via Stuart Staniford, shows cement production. As Staniford notes, cement is a good proxy for construction activity and the chart shows how China kept surging while the rest of the world began a downward trend.
China's cement boom.
This chart, via Stuart Staniford, shows cement production. As Staniford notes, cement is a good proxy for construction activity and the chart shows how China kept surging while the rest of the world began a downward trend.