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Also driving his company, Mr. LeFrak said, is internal demand.
"There is no internal demand for these things in India.
That in turn will lead to a dramatic drop in consumption and internal demand".
but the obvious problem with this is the impact on internal demand.
"China has switched over to more internal demand," Mr. Kammüller says.
In the past they have not been good at managing internal demand.
The internal demand for chips used in I.B.M.'s server computers consumes only about a third of its factory capacity.
This year, Ukrainian authorities say they have sufficient reserves of gas to meet internal demand for three months.
Chinese leaders have to finally rebalance their economy and rely more on internal demand and less on exports.
At the same time, a shortfall in external demand in other economies could simply be offset by higher internal demand.
The government did not expect internal demand or credit to small companies and consumers to pick up so soon.
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