By John Richardson THE NEXT big wake-up fall for global financial markets and the chemicals industry is likely to ring loud from the autos market. Expect global auto sales growth estimates for 2019 to be revised downwards with a steep sell-off in the share prices of the major car producers, as everyone realises that sales […]
Asian Chemical Connections
The Fall In Apple”s Share Price And China’s “Middle Classes”
By John Richardson SOMETHIING very important happened last week when investors wiped $30 billion off the value of Apple’s shares in the space of just one day, even though it had just delivered another excellent set of quarterly results. According to the Financial Times, the reason for the slump in the value of Apple, however […]
Foxconn And Chemicals
By John Richardson THE recent investigation by the US-based Fair Labor Association into Foxconn is a further indication of how China is transforming its economic model. It was found that Foxconn breached several Chinese regulations, including a maximum working week of 49 hours. The company is China’s biggest private-sector employer and manufactures 40 percent of […]
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