Tag Archives | China economy

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China’s Latest Rate Cut: At Long Last The Right Reaction

By John Richardson

HERE is the good news about China’s latest interest rate cut and reduction in its bank-reserve requirement: Most people are at long last seeing these types of measures for what they really are, which is an attempt …

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2016 Petchems Budgets: The Risks Of Expecting Even More

By John Richardson

WHEN you have had a terrific year your boss will often expect the following year to be even better. But what if the terrific year you have had is down to nothing more than good luck?

“When …

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Polyethylene Is Just Another Commodity – It Is Nothing Special

By John Richardson

THERE is a story circulating out there that polyethylene (PE) is a “special commodity” in that it is not tied to the downturn in other commodities that we have seen over the last year.

Whilst most people …

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China: Why Complacency Followed By Panic Hasn’t Helped….

…..AND WHY YOU NOW NEED MULTIPLE SCENARIOS

 

By John Richardson

FOR many, many years a small group of men who run China were viewed as uniquely competent because of the “economic miracle” that they had achieved. China’s approach to …

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Another Round of Fed Stimulus Now Even More Likely

By John Richardson

I am becoming more and more convinced that more of Albert Einstein’s definition of insanity – doing the same thing over and over again, but expecting different results – is on the way: A fourth round of …

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Myth No 5: China Has Enough Money To Bail Itself Out

By John Richardson

MYTH No 1 about China is that the rise of its middle classes guarantees a prosperous economic future. No need for a Plan B we are told. Just follow the money by investing in lots of autos …

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Why The China “Higher Base” Argument Doesn’t Stand Up

By John Richardson

WHAT an amazing success story. The above chart shows that:…

China’s high-density polyethylene demand rose by 151% between 2000 and 2014 to end up at around 10 million tonnes.
Low-density PE consumption surged by 72% to approximately

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$30 A Barrel Crude: Six Reasons Why It Will Happen Again

Want to know what do next? Then contact ICIS Consulting at john.richardson@icis.com

 

By John Richardson

IT WAS clear as early as January 2013 that US shale-oil production was on the rise. Back then I warned that this new supply …

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US “Swimming In Ethylene” As Global Polyethylene Problems Build

If you are interested in my take on Asian polyethylene (PE) and polypropylene (PP) prices and margins going forward 12 months, then contact me at this email address – john.richardson@icis.com. I will then provide you with details on how to …

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Yuan Devaluation: Pressure On Jobs Might Lead To 10% Fall

By John Richardson

CHINA has set itself the target of creating 10 million jobs this year during a time when real GDP growth, as opposed to the fictional government numbers, is probably down in the single digits.

GDP growth is …

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