Of course they have implications in the West. The question is what makes it a cycle. Factories, software, cheap labor, make it a no brainer to do business in those and other emerging countries. So now China wants to make 55,000 miles of roads. How does that get paid for? Taxes up, salaries up, and lower costs go elsewhere. I'm sure India has is also building infrastructure. I don't have the answer, but I know this is a cycle.
