Friday, January 25, 2008

natural gas and oil for China

...There are several constraints to China’s growth:
supply of resources like iron, lumber, agricultural land, lumber, potable water, mineral.
Energy sources: coal, electric power, oil, natural gas.
These resources are not just constrained by what is located in China, but as a worldwide resource. And transporting these to China will consume energy, adding to the problems.
Manpower: China’s growth in the last decade was mainly fueled with under employed manpower from rural areas. This source of manpower is now diminished. Drawing additional human resources from this is going to affect agricultural production. The aging population will also reduce this resource significantly in the next few decades, especially when those born after the war are retired...

Source.