Jun 10, 2011

China Consumes

China consumes 53% of the world's cement. It consumes 48% of the world's iron ore and consumes 47% of the world's coal (more than the rest of the world combined). China is well ahead of the US in the consumption of television sets, refrigerators, and mobile phones. China has  become the world's second largest luxury goods consumer with 27.5% of the world's luxury goods. It also consumes 25% of the world's beer.