And if stronger domestic demand sucks in more imports of raw materials and infrastructure-building machinery, that is the best way China can help the rest of the world.
This not only limits the development of a local market, but exposes the industry to fluctuating exchange rates which affects the prices of the raw material for infrastructure.
However, the CO2 embodied within the raw materials of the network infrastructure itself represents a modest 3%.
Such appears again the case today, reversing the preceding upturn's focus on traditional infrastructure, raw materials and energy.
Precipitating a wave of demand for basic infrastructure, raw materials, agricultural foodstuffs and energy, the China-India-Brazil boom carried along with it a host of trading partners both supplying essentials as well as the recipient of low-priced exports.
Both at a global and at a local level, the area of fertile soils is limited and is increasingly under pressure by competing land uses for settlement, infrastructure, raw materials extraction, agriculture, and forestry.
For a long time, the location theories have only considered the proximity to raw materials, existence of basic infrastructures and qualified manpower.
China has that too, plus better infrastructure and raw materials.
India, with its strong and growing economy, indigenous raw materials, rising consumer demand and infrastructure needs was always a favored location, he said.
** China has signed a strategic cooperation agreement with Indonesia that covers many sectors, including energy, raw materials and the building of infrastructure in Indonesia.
