By John Richardson IN TODAY’S world of soar-away stock markets backed up by the notion that the sustained global economic recovery will not be derailed in 2018, there is a need to detail the major risks out there. Today’s post will look at the risks posed by the withdrawal of Western and Chinese central bank […]
Asian Chemical Connections
China Hints At Yuan Depreciation
By John Richardson LABOUR markets are tight in China and so on the surface there appears to be no great pressure on Beijing to attempt to export its way out of an unemployment crisis. But what happens if, as we suspect, real GDP growth has fallen to 4% or even lower? The government, despite its […]
China NPC Underlines Inflation Focus
The course of true love never runs smooth…..Happy China couples get divorced and then plan to remarry in order to avoid new property tax Source of picture: Quirky China News/Rex Features By John Richardson China will see “large inflation pressure in the second half of the year,” said a People’s Bank of China official on the […]
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