Asia

China's Biggest Challenge: Urbanizing the Interior

By on November 03, 2010

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Government Subsidies

Rural customers spent 67.8 billion yuan buying home appliances in the first half of 2010, more than the whole of last year's total, spurred on by government subsidies for farmers. About 600,000 tons of refined copper consumed in China last year went into home appliances, equivalent to the amount of metal that would be needed to build 82 Eiffel Towers.

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