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India’s Budget: Going Beyond The 2% Who Own Shares

By John Richardson

ANYBODY who invests in the Indian stock market might well regard today as a buying opportunity ahead of tomorrow’s announcement of India’s latest budget.

Or, of course, it might be an opportunity to go short if you …

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“Bad Deflation” Set To Dominate Global Economy

By John Richardson

THERE has been a great deal of discussion lately about the differences between “good” and “bad deflation”.

Good deflation, we are told, includes the fall in oil prices that has put more money in the pockets of …

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Following In The Footsteps Of China Is Impossible

By John Richardson

THE chart above shows how China’s consumption of polypropylene (PP) rose from 4.6 million tonnes in 2000 to 19 million tonnes in 2014.

It also illustrates how, in the process, China’s percentage share of global PP consumption …

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China Peak Steel And Chemicals Demand May Have Arrived

By John Richardson

EVERYONE involved in the iron ore business must be very worried about the recent speech by the new chairman of the China Iron & Steel Association.

“Under the ‘new normal’ China’s iron and steel consumption has already …

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China Jobs Squeeze: Why It Is Happening And What It Means

Jobs, jobs and jobs are the three main priorities for politicians everywhere. In the first of my series of country and region-specific posts on this subject, I look at what this means for China.

 

By John Richardson

SOME of …

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Where Have All The Jobs Gone?

By John Richardson

POLITICIANS everywhere know that their chances of staying in office depend on how many jobs they can at the very least prevent from disappearing down the economic plughole.

Ideally, they also want to be able to lay …

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Please Plan Now For A Yuan Devaluation

By John Richardson

IF YOU haven’t already planned for the possibility of a substantial drop in the value of China’s Yuan then you have no more time to lose.

I suggest every chemicals company that finds itself in this situation …

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China By Itself Is Not A Strategy

By John Richardson

SOMETIMES a bit of data is worth many thousands of words – and so my choice of chart for today.

It shows that in one major petrochemical, polyethylene (PE), China’s imports in 2014 continued to hugely overshadow …

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Stand Back And Think: Can This Oil-Price Rally Really Last?

By John Richardson

THE talk in oil markets right now is largely about falling US rig counts and how this has resulted in tighter supply.

But it is very important to note that this focus on the rig count is …

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China After The Lunar New Year: Your Five-Point Guide

By John Richardson

HERE is a five-point guide to what will happen in China after the Lunar New Year is over (most of China will be only holiday from 18-24 February):…

The People’s Bank of China (PBOC) now seems almost

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