I am bored to death, sick to my back teeth, of attending conferences where the only view on China is one of almost exponential continued growth. Read this from Will Hutton, a top China sceptic for a sobering reminder that China has some major structural weaknesses. You thought the Asian Financial Crisis was bad? If he’s halfway right, this will make 1997 seem like a sunny stroll in the park
And is China about to collapse?
FREE TRIAL TO ICIS NEWS
LATEST CHEMICAL INDUSTRY NEWS
This blog looks at Asian and global commodity chemicals and polymer pricing trends, supply and demand and macroeconomics.
12th Five-Year-Plan Boom Gloom and the New Normal China China economy China inflation China petrochemicals China plastics industry china property bubble China real estate cracker Dalian Commodity Exchange demographics Dow Chemical ethane European economy European petrochemicals Eurozone eurozone debt crisis Eurozone economy India LLDPE LyondellBasell Middle East petrochemicals naphtha New Normal oil prices one-child policy OPEC petrochemicals polyester polyethylene polyolefins polypropylene PP PTA Qatar SABIC Saudi Arabia Saudi Aramco shale gas Sinopec South Korea US US economy US petrochemicals