Archive | Economics RSS feed for this section

20120331_WOC698.png

Honestly, Nobody Still Has A Clue

By John Richardson

JUST as the West was lucky, so was China. The Chinese economy was also buoyed by the Babyboomers, and by its 2001 admission to the World Trade Organisation that enabled it to greatly increase its role as …

Continue Reading
JR Margins.jpg

Weak PE Margins Reflect Big Picture

By John Richardson

BEFORE we look at last week’s political handover in China in more detail tomorrow, while on Friday we will return to our theme of Asian demographics, the above slide illustrates what the big picture has meant for …

Continue Reading
IndiaCanadaPerCapita.jpg

India’s “Booming” Middle Class

In the second of our series of posts on Asian demographics, we look at India. Yesterday, we summarised the overall challenges.

 

 By John Richardson

INDIA is the home of a booming middle class that voraciously consumes I-Phones, I-Pads, BMWs, foreign …

Continue Reading
HSBC5.jpg

Asian Demographics Change Demand Patterns

THIS blog was once criticised for devoting too much time to the big picture – e.g. politics, economics and demographics – one of the major themes of our free e-book, Boom, Gloom & The New Normal.

We beg to differ. …

Continue Reading
Cotton2%20Nov12.png

Polyester Another Victim Of Hype

By John Richardson

SEVERAL major petrochemical companies only have one scenario for China, which is that its economy will continue to grow at a rapid rate, the blog has been told by people working for these companies.

Similarly, as fellow blogger …

Continue Reading
rexfeatures_1972517n.jpg

China New Leaders Announced

Xi Jinping addresses the 18th Party Congress

Source of picture: KeystoneUSA-ZUMA/Rex Features  

 

By John Richardson

CHINA’S new seven-man Politburo Standing Committee was announced today, with the bad news being that five of its members are thought to be either conservative …

Continue Reading
AsiaBorrowing.png

Indonesia’s “Great Moderation”

Graph prepared by The Economist

 

By John Richardson

INDONESIA has enjoyed eight consecutive quarters of 6% GDP growth and so – along with several other mainly domestically-demand driven Asian economies – is viewed as a haven of stability in an increasingly uncertain …

Continue Reading
US-Crude-Production-Romm-Climate-Progress.gif

US Oil: Nothing Is Uncertain As Certainty

By John Richardson

ALL of yesterday’s excitement about the US overtaking Saudi Arabia and Russia by 2017 to become the world’s biggest oil producer – and exceeding Russia to become the world’s biggest gas producer by 2015 – needs to …

Continue Reading
securedownload.png

China Lending Declines In October

By John Richardson

POLITICS, politics and politics are three most important factors that need to be evaluated when assessing the direction of China’s economy.

Thus, in the short term it appears that the surge in bank lending from May to September …

Continue Reading
image002.jpg

Asian PE Recovery On “China Turning Point”

By John Richardson

ASIAN polyethylene (PE) prices rose by $10-30/tonne for the week ending 9 November in response to reports of low inventories, according to ICIS.

A further improvement in the market is anticipated by one trader, as a result of the …

Continue Reading