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EU Must Tackle Unemployment Crisis

By John Richardson

IF the above chart applied to China then China would be in the midst of its biggest political, social and economic upheaval since the 1949 revolution, with the Communist Party quite probably out of office.

But luckily …

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Sinopec’s Role In China’s New Normal

By John Richardson

SINOPEC has published its first-ever environmental report, as fellow blogger Paul Hodges points out in this blog post.

What an amazing turnaround. Before the pivotal November 2012 Third Plenum meeting, there was little pressure on Sinopec or …

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The US Must Wise-Up And Back China

By John Richardson

AUSTRALIA has very sensibly reversed its decision not to join the China-led Asian Infrastructure Investment Bank (AIIB). This is the first good policy move I can think of since Tony Abbott became Australia’s prime minister.

And with …

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Oil Supply Rising On Efficiency Gains, Govt Policy

By John Richardson

FOR most of the time from 2009 until the end of H1 2014, understanding what was going on in petrochemicals markets was pretty easy.

The price of oil was stable in the region of $100 a barrel …

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China’s New Investment Bank: Either Join Or Lose Out

 

By John Richardson

THE UK, first of all, agreed to join the China-led Asia Infrastructure Investment Bank (AIIB) and now France, Germany and Italy have followed suit.

Encouragingly, also, in one of the few good decisions since he came …

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US Fed Cannot Solve Deflationary Crisis It Has Created

 

By John Richardson

ALL eyes will be on the precise detail of the statement the US Fed issues after its latest Federal Open Market Committee (FOMC) meeting, which takes place today and tomorrow (March 17-18).

Many analysts think that …

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China’s Polyolefins Recovery On Shaky Ground

By John Richardson

CHINA’S polyolefins markets were in a muddle last week as a result of resilient offer prices for imported material versus a fall in pricing for domestic cargoes.

Domestic polyethylene (PE) prices were largely softer, but local distributors …

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The Long Term Average Price Of Oil Is $30 A Barrel

By John Richardson

OIL and petrochemicals markets have behaved from mid-February until today as if the world is about to return to the way it was in the first half of last year.

Here is the thinking behind this behaviour:…

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How China Can Fix Its Housing Crisis

By John Richardson

THE above chart shows the affordability of real estate in China’s Tier 1 cities (its biggest cities) as of June 2013 compared with many of the world’s other “rich cities”.

Why the speech marks around “rich cities”? …

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China’s Real Estate Crisis Was Entirely Predictable

By John Richardson

AN investment bubble can only remain stable if you pump ever-more air into the bubble. If you don’t continue to do this, then the bubble is in severe danger of bursting.

The warning signs started flashing red …

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