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India Versus The West: The Real Costs Of Living

By John Richardson

MY two recent blog posts on what it really means to be middle class in the developing world – “The Great ‘Middle Class Myth’ Further Exposed” and “Serving The Needs Of The Vulnerable Poor Majority” – have …

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Why China’s Stock Market Crisis Is Great News For Economic Reforms

By John Richardson

MOST people view the renewed collapse in China’s stock markets as bad news because of what it says about the country’s overall economy.

In the short term this is right as the fresh decline in equities serves …

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China PP Production Up 23% As Self-Sufficiency Drive Continues

By John Richardson

THE above chart provides further support for the argument I have been making for the last three years – that China’s future growth in petrochemicals capacity, and how this new capacity will operate, is not just about …

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The Fall In Apple”s Share Price And China’s “Middle Classes”

By John Richardson

SOMETHIING very important happened last week when investors wiped $30 billion off the value of Apple’s shares in the space of just one day, even though it had just delivered another excellent set of quarterly results.

According …

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China And Commodities Prices: The Slow-Motion Train-Wreck

By John Richardson

OIL prices are now in bear-market territory with commodities prices in general at a 13-year low, according to the latest Bloomberg Commodities index which follows 22 different commodities.

Not surprisingly, therefore, the share prices of mining and …

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Serving The Needs Of The Vulnerable Poor Majority

By John Richardson

HERE is another way of looking at the important new Pew Research study, which I first wrote about last Friday:…

Just 16% of the world’s population live on incomes that would take them safely above the poverty

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China’s Economic Realities In Four Charts

I’ll be again posting less frequently this week – today, obviously, Wednesday and also on Friday – as I  am on still on leave. The blog returns to normal from the week starting 27  July.

 

By John Richardson

SOME …

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The Great “Middle Class Myth” Further Exposed

By John Richardson

A GOOD argument is only a good argument if it is backed up by sound data. Agreed? Yes, nobody is going to disagree on this point.

And yet for many years now, I’ve been scratching my head …

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China and Iran Reshape Oil Market Thinking

By John Richardson

ON Monday, I discussed how a generation of analysts have grown up never having experienced a prolonged period of weak economic growth in China.

Because these analysts were unable to imagine a sustained downturn in China, they …

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China: A Brief History Of Denial

I’ll be posting less frequently this week – today, obviously, Wednesday and also on Friday – as I  am on leave. 

By John Richardson

HERE’S a brief history of the last seven years of denial about China, the root cause …

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