We are on the same page.
I compare the situation in China identical to that of the US... post WW2...
The US morfed into a nation of consumers from a war production stance... This was done via the interstate highway projects and ramping up of automobile and home production... IE the American dream...
The Chinese and India dream as well, and there are 2.5 billion of them.... A market that will comsume vast quantities of energy, fuels and commodities.
JMHO