Tag Archives | Australia

China’s Capital Flight Challenge

By John Richardson

CHINA’s economic statistics continue to take your breath away.

For example, in 1993, the country’s nominal GDP totalled around $613bn compared with estimates of around $9 trillion for 2013.

But who owns most of this new-found wealth?…

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Australia: Nice Work If You Were Able To Get It

By John Richardson

BACK in the late 1990s, the blog held a discussion with an Australian petrochemicals industry executive. He described his country’s approach to free trade, or rather the lack of it, as “to put it politely, naïve, and …

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Come On Mr Abbott, Please

By John Richardson

TONY Abbott, in his victory speech on Saturday following the Coalition victory in the Australian Federal Election, renewed his pledge to scrap the carbon tax, stop the boat people and bring the budget back into surplus.

Come …

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The Best Of All Possible Worlds

Source of graph: http://www.businessspectator.com.au/ 

 

By John Richardson

“Candide, the classic novel of the great French writer Voltaire, is a satirical description of a young man who has been taught that ‘everything is for the best in the best of …

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Multiple Energy Options In China

Source of table: The Economist

 

By John Richardson

WHEN you are an energy giant such as Shell you can afford to explore multiple avenues in an effort to profit from China’s long-term energy needs.

Thus Shell re-affirmed last week …

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Energy, Politics & Economics

 

Source of graph: http://thinkprogress.org/ 

 

By John Richardson

DANIEL Yergin’s superb book, The Prize, describes how the history of the 20th century was shaped by oil and gas.

Now we are entering a new era.

Some 600,000 jobs have …

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China’s Demographic Crisis

          

           Chinese govt poster promoting the one-child policy  

 

 

By John Richardson

IF all you can remember is strong emerging markets growth, then it is easy to be misled into only building into your scenarios the notion that China and …

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China To Grow at 3 Percent

By John Richardson

THE possibility that China’s economy may not expand as rapidly in the future as in the past is never discussed in public by resources-company CEOs, said an Australian-based stockbroker.

His comments ring true for petrochemicals, also. The …

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China’s Shale Gas Potential

By John Richardson

THE shale-gas revolution, which, of course, is already well underway in the US, could also have major implications for petrochemicals in China.

China has 1,275 trillion cubic feet of recoverable shale-gas reserves, according to the Energy Information …

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A Happy Festive Season To All Our Readers

Source of picture: anahoyhanioblogspot.com

By John Richardson

THE blog will be taking a few days off this week as ’tis the season to be Merry’, regardless of what you may think is our rather cynical and often-times pessimistic view of …

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