Tag Archives | China economy

China Drives 58% Of Global PP Growth, So What’s Your Plan B?

By John Richardson

THIS IS a great example of putting most of your eggs in one basket! Polypropylene (PP) shareholders are entitled to ask what Plan B is if China can no longer deliver as much as 58% of the …

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China Growth Slows On Collapse In Shadow Bank Financing

By John Richardson

YOU should print-off the above chart and stick it on your chemicals company boardroom wall. From fellow blogger Paul Hodges, it shows the collapse in credit issued via China’s shadow banking system.

It is the shadow banking …

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China’s “Minsky Moment” And The Global Economy

By John Richardson

HYMAN MINSKY was an American economist who focused his career on studying the causes of financial crises. He developed what he called a ‘financial instability hypothesis” which was based on the notion that long periods of stability …

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Life Cycle Of Plastics Packaging Demand And Internet Sales

By John Richardson

THERE is a huge amount of excitement out there right now about booming internet sales and how this also boosting packaging demand and so sales of polymers such as polyethylene (PE), polypropylene and polystyrene.

China is, not …

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Failed Pursuit Of Inflation Creates Major Economic Risks

By John Richardson

BUILDING UP lots of debt isn’t a problem if it leads to inflation that then inflates-away the value of some of that lending.

And debt-induced healthy increases in inflation also show that all of that lending has …

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China’s PE Imports: Recycling Ban Adds To Uncertainty

By John Richardson

FOR the time being at least, the year-on-year growth in China’s polyethylene (PE) net imports (imports minus exports) has fallen.

In January-May 2017, net imports were up by no less than 19%. However, the January-June increase is …

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China: Real Story On Lending Says Slowdown Still On The Way

By John Richardson

THERE was a lot of unhelpful and distracting noise surrounding the release of China’s official year-on-year H1 GDP growth that came in at an unexpectedly strong 6.9%.

Equally misleading was the pick-up in June total social financing …

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Income Stagnation And The Impact On The Global Economy

By John Richardson

HAVE the post-Global Financial Crisis (GFC) economic stimulus policies of the Western central banks worked? If your answer is yes, you might be heavily influenced by your economic circumstances.

Those who are convinced that everything is working …

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US Govt Policy, Weaker China Indicate Further Oil Price Decline

By John Richardson

OIL markets have reached an important tipping point as the bulls and the bears try to exert decisive influence.

There is resistance from the bulls which helps to explains why, after last week’s collapse in oil prices, …

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Tumbling Oil Prices: Implications For Asian Polyethylene

By John Richardson

DON’T say that I didn’t warn you. Oil prices now look much more likely to hit my forecast of $35//bbl, or lower, by Q4. Such is the downward momentum right now in crude markets that it is …

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