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Indonesia’s Jokowi: Poverty Alleviation The Key

By John Richardson

INDONESIA’S new president seems like a breath of fresh air because he is outside the establishment and has portrayed himself as a man of the people.

But one of Joko Widodo’s problems is that the establishment isn’t …

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China Reforms: The Global Implications

By John Richardson

IT can feel logical to assume that the fundamentals of the petrochemicals business in Asia haven’t really changed.

When you think about it, apart from a brief interruption in the region’s success story during the Asian Financial …

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China Pulls Back From Funding Other Emerging Markets

By John Richardson

IT important to be relentlessly realistic about the risks no confronting emerging markets in general, now that China is focusing much more on its own internal problems and needs.

One of these risks – reduced funding of …

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Poverty Alleviation Matters More Than GDP

By John Richardson

RICH people, relatively speaking, don’t buy that many chemicals and polymers – hence, poverty reduction matters from a dollars and cents as well as a moral perspective.

Thus, a report released this week by the Asian Development …

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China’s About Turn: The Seven Global Implications

By John Richardson

HISTORIANS will end up concluding that falling emerging market currencies and stock markets – the prelude to what could be a full-blown crisis –  is really about China and not about the US Federal Reserve. The Fed …

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“Fragile Five” Now “The Exposed Eight”

By John Richardson

IT used to be just the “Fragile Five” – Brazil, India, Indonesia, South Africa and Turkey.

But last week, the Financial Times, drawing on data and analysis from Schroders, added three more countries to the list of …

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China’s Debts: Close Your Eyes, Hope For The Best

By John Richardson

LACK of transparency is fine when any economy is booming.

Think of Indonesia pre-1998 before the fall of Soeharto. No foreign or local investor really cared that much about where the suitcases of money were going because …

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The WTO “Bali” Deal Versus ASEAN Priorities

By John Richardson

WHY sacrifice national or regional growth for the sake of freer global trade?

This is a question the blog has been asking itself since the breakthrough last week at the World Trade Organisation (WTO) talks in Bali. …

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Less Rather Than More Petchems Free Trade

By John Richardson

A LOT of the talk at this year’s GPCA conference in Dubai was of the need for more free trade in petrochemicals.

There seems to be a risk that as more countries develop refinery and petrochemicals businesses, …

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China Polyester “Too Big To Fail”

By John Richardson

HAVE some companies in the polyester chain in China worked themselves into a position where they are “too big to fail?”

And might capacity additions carry on, despite Beijing’s attempts to rein-in further additions to already oversupplied …

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