Its a good time to be in the construction business in China

From AFP…

At least 30 people were killed or reported missing and about 180,000 homes destroyed in a powerful earthquake in southwest China, state media said Sunday.

More than 360 people were injured in Saturday’s 6.1-magnitude earthquake, which rocked Sichuan and Yunnan provinces, the official Xinhua news agency reported, citing the civil affairs ministry.

Granted this is not as big as last time. And 180,000 homes destroyed is not much in a country with over a billion people in it. But a couple of more earthquakes and and China’s construction industry is going to have a hard time keeping up with the rebuilding and the demands of China’s growing economy.

Leave a Reply

Your email address will not be published. Required fields are marked *