Things more important that global warming - China's real estate market up 69 percent in 2006

[CSPP Note:  This remarkable growth is fired by fossils fuels and enormous CO2 emissions, plus real pollutants.  China opens a new coal-fired generation facility every three to five days, and will up to 2012.  China is on track for becoming a world military, nuclear, and economic superpower.  The EU’s maniacal obsession with global warming is manifesting itself in neo-colonial bullying of Africa nations, driving them into China’s economic and political orbit simply to survive. Gore says fighting global warming is a “moral” issue of the first order requiring wrenching pain for the US, driving US business and jobs offshore while paving the green road to spiraling impoverishment of Americans.  At the same time, Gore says China and the rest of the developing world should get a pass on emissions. What’s moral about that?]   

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 HYPERLINK "http://search.breitbart.com/q?s=transactions&sid=breitbart.com" \o "" Transactions in China's real estate market surged 69 percent in 2006, funded to a great extent by foreign investment, a leading research firm said Wednesday. 

"There is increasingly more investment going into  HYPERLINK "http://search.breitbart.com/q?s=%22industrial+property%22&sid=breitbart.com" \o "" industrial property," Kenny Ho, a Shanghai-based  HYPERLINK "http://search.breitbart.com/q?s=%22head+of+research%22&sid=breitbart.com" \o "" head of research with  HYPERLINK "http://search.breitbart.com/q?s=%22Jones+Lang+LaSalle%22&sid=breitbart.com" \o "" Jones Lang LaSalle, a real estate money management and services firm, told AFP. 

Despite  HYPERLINK "http://search.breitbart.com/q?s=%22government+measures%22&sid=breitbart.com" \o "" government measures to cool the real estate market, China's heady growth in the past and strong potential for the future have made it "a magnet for cross-border investors," said a report by the firm. 

The Chinese economy saw its fourth consecutive year of double-digit growth in 2006, and the report forecast the country's 2007 growth at 9.5 percent. 

The report focused on the commercial real estate sector, which excludes multi-family residential real estate.