China's Economic Growth Continues To Accelerate Rapidly......

The Chinese economy's performance has been astounding.

Gross domestic product rose 9.5 percent from a year earlier after climbing 9.4 percent in the first quarter, the National Bureau of Statistics said in Beijing. That beats the median 9.2 percent gain forecast in a Bloomberg News survey of 13 economists.

Its obviously difficult for me, a student of free market theories, to understand how the communist government, with their fingers in resource allocation decisions, has been able to meet the complex demands of a rapidly growing economy without experiencing widespread economic dislocations. [I am proud of the length of that last sentence!!!!]

However, I am very concerned with the ability of China to generate enough electrical power or mine enough coal to keep the economy on such a strong trajectory.