China now consumes 48 per cent of the world's cement and 20 per cent of its copper.
Mr Goode said China would be in what has been termed growth phase 1 through to 2010, and then would enter phase two of even higher growth.
"The world is trying to cope with phase 1, let alone higher consumption demand from 2010."
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China now consumes 48 per cent of the world's cement and 20 per cent of its copper.