He finds that if our economy needed third world resources and markets, "then indirect control through local stooges made a great deal of sense."

Other projects need markets outside their local areas.

But after that burst of activity, Harcourt will need new markets, analysts said.

"This is a predatory enterprise," he said, "and it needs new markets."

At the same time, American companies - often big exporters - need foreign markets.

It is obvious that we need larger markets for the future development of the global economy.

Yet China needs minerals, oil, markets, water and land.

More than ever, our companies need open markets, both internally within the Union, but also at the global level.

And it is these countries, the developing countries, which need open markets that can receive their products.

"It needs resources and markets, and those two things can combine to lead to a very dangerous situation."