Tag Archives | China economy

Stand Back And Think: Can This Oil-Price Rally Really Last?

By John Richardson

THE talk in oil markets right now is largely about falling US rig counts and how this has resulted in tighter supply.

But it is very important to note that this focus on the rig count is …

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China After The Lunar New Year: Your Five-Point Guide

By John Richardson

HERE is a five-point guide to what will happen in China after the Lunar New Year is over (most of China will be only holiday from 18-24 February):…

The People’s Bank of China (PBOC) now seems almost

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Collapse Of China “Carry Trade” Threatens A Yuan Devaluation

By John Richardson

CONVENTIONAL wisdom, as everyone should have discovered over the last 16 months, has a horrible habit of  being completely wrong.

Today, therefore, if anybody tells you this, “China might widen the band within which the Yuan trades …

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China January Data Concludes The Debate

By John Richardson

THE latest data from China further underlines what I have been arguing since early last year – that it is at the centre of a Great Unwinding that will have deep and lasting global economic consequences.

Here …

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Australia: This Is No Way To Run A Country

By John Richardson

TONY Abbott has survived an attempt to remove him as Australia’s Prime Minister.

Do you really think this will bring to an end the political instability that has resulted in four changes in PM since 2007? This …

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A Perfect World? If Only It Were So

By John Richardson

IN A perfect world everything always turns out for the best in the end.

And so quite a few people who argued that high oil prices were good for the global economy, as they said that expensive …

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China’s Damage Limitation: The Reserve Requirement Cut

By John Richardson

DAMAGE limitation is the motive behind China’s decision cut its reserve requirement  ratio (RRR) by 0.5% to 19.5%.

(The RRR is the amount of money that banks have to set aside against this lending, and so the …

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Take Stock And Plan For the Post-New Year China

By John Richardson

NOBODY involved in the Asian chemicals industry is likely to have been surprised by Saturday’s announcement that January’s official purchasing managers’ index (PMI) slipped into negative territory for the first time in more than two years.

The …

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New Silk Road Part 2: How China Will Win

Here is the second part of my thinking on what China’s New Silk Road means for the global chemicals industry. Part One appeared last Thursday.

 

By John Richardson

PER capital GDP in Yunnan province in China’s southwest was just …

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India’s Republic Day: Just Think What Can Be Achieved

By John Richardson

TODAY is Republic Day in India and so I hope that what comes next will not be seen as overly negative.

But I think it is essential, as the New Normal develops, that we have an open …

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