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Friday, December 24, 2010

ChIndia - growth in the negative direction

Congestion and Pollution - the killers in China and India.


BBC News - New cars in Beijing cut by two-thirds to battle traffic: "New rules have taken effect in China that restrict car purchases in an effort to combat serious traffic problems in the capital, Beijing.

City authorities will allow only 240,000 vehicles to be registered for 2011 - one-third of this year's total.

Car buyers have been swamping dealers in anticipation of the new rules, which will still leave about five million cars on the road in the capital.

Traffic and air pollution in Beijing is among the worst in the world."

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