Tag Archives | China bad debts

China Has No Reason To Increase Credit

By John Richardson

A FEW hours ago, the blog was so distressed when we read the argument that a 13-month low for consumer-price inflation in February gave China justification to ease lending conditions that we spluttered coffee on to the …

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China: One “Blink” And We Are Back To Normal

By John Richardson

Temporary factors might be behind the weakness in China’s polyethylene (PE) market that has been highlighted by our colleagues at ICIS pricing. Last week, pricing in China was either flat or declined on bearish sentiment (see the …

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China Targets Trade Finance

By John Richardson

AT the high inflation point of any financial bubble, you tend to get outlandishly dangerous and dodgy practices designed to make even more money because most people think that “this time will be different” – i.e. that …

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China And The Fed: Still Back To Front

By John Richardson

THEY are still getting it the wrong way round.  Both the Financial Times and The Economist, have said over the last few days that weaker prospects for emerging markets are mainly the result of Fed tapering.

We …

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China’s Debt Crisis Comes To A Head

By John Richardson

HOW much longer will China’s central government continue to kick the can down the road?

The answer to this question might well turn out to be the biggest single determinant of chemicals and polymers demand growth over …

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China Debt Dwarfs The Fed’s Quantitative Easing

YESTERDAY we highlighted how a crucial government meeting takes place in November in China. This could well outline the blueprint for economic reform over the next few years.

A major challenge facing China’s new leaders is the unsustainable surge in …

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China: Realism Is Not The Same As Pessimism

By John Richardson

A CRUCIAL meeting takes place in China in November – the Third Plenary Session of the 18th Communist Party of China Central Committee.

More commonly referred to as “the November plenum”, the outcomes of the meeting will …

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China’s “Mini-Stimulus” Package

By John Richardson

The big question this morning for anybody concerned about China’s long-term economic future is whether its “mini-stimulus package” will do any good.

Yesterday, Beijing announced that it would eliminate taxes on small businesses, reduce costs for exporters …

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One In Three Chance Of 5% China GDP Growth

By John Richardson

THERE is a one in three chance of China’s real GDP growth averaging 5% or less over four consecutive quarters before the end of 2014, warns Nomura, said Bloomberg in this article.

And the bank added that …

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Beijing: China Deceleration On Track

Source of chart: http://blogs.ft.com/beyond-brics/ 

 

By John Richardson

THERE has been a hugely important shift in the attitude of China’s central government. In the old days, when they set a target of say 12% national industrial production growth for a …

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