China’s New Stimulus Package: What It Means For Chemicals

By John Richardson

CHINA’S petrochemicals markets are likely to enjoy a confidence rally as a result of yesterday’s announcement of a mini economic stimulus package.

The details of the stimulus package include:…

More railway construction.  The State Council released plans

Continue Reading

China And Re-examining Your Customers

In the first part of a two-part series on how chemicals companies need to respond to China’s economic reforms, we look at the “account receivables” challenge. Tomorrow we will look at new growth opportunities.

 

By John Richardson

AS China’s …

Continue Reading

China’s Official View On New Stimulus

By John Richardson

THE mood has improved in China’s chemicals markets  over the last few days thanks to strong indications from Beijing that a new economic stimulus package is about to be launched.

But, as we predicted yesterday, any such …

Continue Reading

China Copper, Chemicals And The Interconnections

By John Richardson

IT is the interconnections that matter and the trouble is that few people seem to have adequately thought about the interconnections between the various dysfunctional parts of the Chinese economy.

For example;…

A lot of the main

Continue Reading

China Housing No Longer A One-Way Bet

By John Richardson

CHINA’s real estate sector was responsible for 16% of the country’s GDP growth, 33% of fixed asset investment, 20% of outstanding loans, 26% of new loans, and contributed 39% to government revenues in 2013, according to Nomura.…

Continue Reading

China’s Urbanisation Myth Bites The Dust

By John Richardson

THE blog would again be in the position of being able to afford a yacht in Monte Carlo if it had a dollar, even in an Australian dollar these days, for every time it has heard the …

Continue Reading

China And The “Conflation” Problem

By John Richardson

WHEN all you care about is making money on the next chemicals cargo, or on a recovery in financial markets, then the current “will they, won’t they?” question over whether China will launch a new round of …

Continue Reading

Take Away The China “Froth” And What’s Left?

By John Richardson

THE denial that we discussed last week is still very much in evidence. For example, we heard the argument over the last few days that China’s economic slowdown would involve only “a couple of bad quarters” and …

Continue Reading

India Can Be Plastic Fantastic

By John Richardson

THE blog has recently heard India described as “very disappointing” by several overseas executives of major polyolefins producers.

When pressed about what they meant, they told us:…

Economic growth over the last few years has been much

Continue Reading

What Comes After Shale Gas

By John Richardson

IF the blog had a dollar for every occasion it had heard the phrase “ the shale gas revolution” over the last five years, we would be sitting on the deck of our yacht in Monte Carlo …

Continue Reading