ABSTRACT

China’s phenomenal economic growth has moved it towards being a new world superpower alongside the United States. In the seven years since 2000, China has managed to achieve an average 10% growth each year (Hyland, 2008). The continued growth in China has also put an enormous demand pressure on energy and natural resources, such as oil, gas and metals. Along with the increasing demand on natural resources, China has witnessed the rise and the growth of its resources sector companies which have increasingly played a signifi cant role in China’s economy.