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Sorry briant, but the question was a little tounge-in-cheek and perhaps a reflection on US values.
The correct answer(according to moi) is to skip oil and current building methods as old technology and create highly efficient mass transit for ourselves and them. The industrialization process of China in the long run will probably be more than the planets filtering systems can handle, and if the one-child policy every changes there will be a mass migration(perhaps through force) from the area. Mexico city and Beijin are already running out of water. Of course they will be wealthy so anywhere poor and rural to be developed will do. And just think of how much Yosemite real estate will go for. Nothing is sacred in times of economic "war".
On the other hand, having China build so fast might ruin it's long-term infrastructure and create gridlock and need western goods and tech to restructure(kinda like giving every beijinite a 50's Cadillac or giving a fat baby all the sugared sweets in the cupboard at once to teach it a lesson).
However some societys thrive in unstructured excess and afterways the cupboards will be very, very bare.
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Meanwhile other things are still happening.
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