Episode 1411: Think Tank: Use scenario planning to estimate China's future impact on chemicals

China has a huge impact on the global chemical industry in terms of supply and demand so analysis of future demographic and economic trends is important for business leaders. -          Huge variation in forecasts for changes in population-          Chemicals demand growth scenario planning is vital-          Must take into account China’s success in technology and exports-          Demand boost if export earnings are funnelled back into pension and healthcare reforms-          ICIS base case 2025-2050 sees 2% polyolefins demand growth per annum, down from  10% between 1992 and 2024-          More container traffic may return to the Suez Canal if ceasefire holds