I WOULD expect that this will be the stimulus for a long overdue change in the growth plan for China into one that emphasizes the infrastructure that promotes productivity of its industry and labor force and deals with its environmental problems. And that would be an excellent development. Building quality housing that is affordable to workers and a network of health care facilities to serve that population along with switching out of coal for energy, providing affordable transit to get them from home to work, school and shopping in addition to high speed regional rail and instead of elegant looking structures in vacant cities - to invoke cliches.

"It is not necessary to have hope in order to persevere."