Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

$150 billion China quake reconstruction

by Tony Sagami on August 13, 2008

in General

The reconstruction costs for Hurricane Katrina was approximately $40 billion. The Chinese government’s estimate forSichuan earthquake reconstruction is expected to hit $150 billion.

That’s good news for road, dam, bridge, condo, and utility contractors.

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