“The China Price” is also an interesting phenomenon. “The China Price” is the price that China pays for high-polluting energy today, because the people can not afford to pay for low-polluting energy and the environmental (and ultimately economic) costs of CO2 are far down the road and without immediate rewards. This is the Wal-Mart effect in the USA. Most people choose the cheapest product for the immediate savings, without considering the huge costs hidden in that bargain. “The China Price” is an easy way to see world-wide economics play out in parallel to a pattern I know.
Suntech Solar is an interesting business, and one I keep hearing about lately. I’d like to invest in that stock, and maybe when my job finds me I will have the chance. I love that the China’s low-cost production abilities are finally being used for something with a long-term viable future and a role in this new geo-green movement. I hope to see more entrepreneurial projects such as this in other developing nations. It is a way to circumvent the China Price really – China makes money on this product by selling to richer nations until the price has dropped enough and China’s economy increased enough that they can then begin to purchase them.
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