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Beijing Smog Highlights Reform Agenda

Picture: HAP/Quirky China News/Rex Features

 

By John Richardson

THE toxic smog that enveloped Beijing over the weekend is another example of why China’s new leaders simply have to change the economic growth model.

At its worst point on Saturday …

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1.5m tonnes Of New Asian PE Supply In 2013

By John Richardson

SOME 1.5m tonnes of new polyethylene (PE) supply will arrive in the Asian market during 2013 at a time of very uncertain and fragile demand, a source with a global producer has told the blog.

A large amount …

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European Petchems Face Tough Choices

 

By John Richardson

AT LEAST one global polyolefins producer is rumoured to be shipping increased volumes of resin from the US to Europe in response to the shale gas-derived shift in competitiveness.

“Dow Chemical CEO Andrew Liveris is making …

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China’s Divided Authority

Source: The Economist

 

By John Richardson

ONE of the blog’s Indian friends said last week, as he worries about his country’s political failings: “I sometimes wish were more like China, where, when the Politburo says ‘do this’ it is …

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China PE Growth At Only 4%

By John Richardson

CHINA’s polyethylene (PE) demand growth was up just 4% in January-October of this year compared with the same period in 2010, as the chart above from Global Trade Information Services (GTIS) indicates.

And yet in January, many …

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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 …

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China’s Intellectual Property Challenge

Wen Jiabao – stepping down

Source of picture: KeystoneUSA-ZUMA/Rex Features 

 

In the last of our series of posts on China’s leadership handover, which begins today as the 18th Party Congress meets, we look at intellectua property rights protection.  

By John …

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The US Shale Gas Boom Will End

Don’t follow the herd… 

By John Richardson

ISN’T it amazing how we keep getting caught out by the unexpected, from the global financial crisis to  China is entering a period of much-lower growth?

No, not really. As long as we …

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The BRICS Fallacy

By John Richardson

THE above chart, from a new Research Note released by fellow blogger Paul Hodges, exposes the fallacy that BRICS and emerging-market growth can by themselves rescue the global economy.

And, as we have highlighted before on this blog, …

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China-Japan Dispute Worsens

By John Richardson

THE collapse in Japanese auto sales in China, a result of the East China Island dispute, is just the first phase in what could be a very damaging economic war, the blog understands.

Phase two could be …

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