BHP $25 by FEB, page-26

China is transitioning to centralized purchasing for bulk commodities like coal, energy, iron ore and possibly oil, this will likely prevent hyper inflated resource prices when there is an economic recovery.

Markets are adaptable. China will adapt and control a pricing by using a strategy to limit erratic price movement in resources. Their centralized pricing structure will result in a one customer policy which will be the Chinese government. Centralization will result in long term stable prices and give them competitive advantage in manufacture and trade.

Their centralized pricing structure will likely lock out other developing countries from competing which include, India Africa, Vietnam, Thailand.

BHP long term survival will be reliant on value adding to resources within Australia and even that might not be enough because economies operate on competition not morals.