Although CRH, a maker of building materials, is heavily exposed to the construction downturn in America and Europe it has joint ventures in Turkey, China and India and a strong balance-sheet.
Investigations in that case exposed a flimsy skeleton of iron wires being used instead of steel to hold together the building.
调查发现,建造大楼的钢筋结构,被偷换成了脆弱的铁丝。
3
Growth in construction loans (for land purchases and home - and office-building) peaked at 36% a year in early 2006, leaving small Banks horribly over-exposed (see left-hand chart, below).