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Is it a critical argument though? Even if single-family homes in the US tend to be made out of wood, that sector does not seem to be that big, and would certain
by D_Alex 12y ago
Is it a critical argument though? Even if single-family homes in the US tend to be made out of wood, that sector does not seem to be that big, and would certainly not account for any major portion of the difference (roughly 6 million new dwellings in US built per year, say half of them wooden houses, say 10 tonnes of cement (ie 60 tonnes of concrete) per house = 30 million extra tonnes per annum, about 1.5% of Chinese consumption).
Dams, roads, bridges, factories, shipyards and large malls high-rise buildings is where the cement goes, and China is using ~20 times more than the US... My reading is that they are developing fast and catching up to the Western world in material standards of living.
The interesting question is...: how long will this momentum last, and will they keep going lont enough to overtake the current first world economies? I can see good arguments for both sides of this question.