Tag Archives | China economy

Poverty Alleviation Matters More Than GDP

By John Richardson

RICH people, relatively speaking, don’t buy that many chemicals and polymers – hence, poverty reduction matters from a dollars and cents as well as a moral perspective.

Thus, a report released this week by the Asian Development …

Continue Reading

China Identifies The Smart People

By John Richardson

CHINA’S government, via a very important statement on the state-run newswire Xinhua, have identified the smart people.

They are those who have already realised that China is not going to “blink”. There will be no big new …

Continue Reading

US Shale Gas: Demand Is The Thing

By John Richardson

Here is one way of looking at the shale gas industry in the US from a March Oxford Economics Report:…

While most of the companies that have made write-downs are not quitting, many players in this industry

Continue Reading

US Petchems Risk Getting Only One Cookie

By John Richardson

WALTER Mischel, the psychologist, carried out an experiment on four-year-old children in the late 1960s.

“They were given a choice between a small reward (one Oreo cookie), which they could have at any time, or a larger …

Continue Reading

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’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