The resources sector and China's game plan

Clem Sunter, a world-renowned scenario planner and strategist, recently shared China's game plan in the world economy.

According to Sunter there are four players in the Chinese game. "The West - with its brands and technologies as well as its markets; the developing countries - supplying raw materials; the Communist Party - effectively the management team of China; and Chinese citizens - who are the hardest working, most dedicated people in the world."

China has the ambition of becoming the world's largest economy by 2040.

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This means the demand for base metals and raw materials by the Chinese will continue to grow, and this is positive for the outlook of metals prices, gas and oil.

Did I hear Billiton and Sasol screaming loudly, "Buy me, buy me?"