Tag Archives | China exports

China Exports: Whatever It Takes To Boost Volumes

By John Richardson

HERE is a reminder of some key facts about the Chinese economy:…

Investment, in the form of local real estate, infrastructure and industrial capacity accounts for around 50% of the country’s GDP.
China’s total investment levels are

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China Capacity Closures? Stop Whistling In The Dark

By John Richardson

Measured in US dollars, the price of US imports from China has risen just by 4% over the last ten years, but measured in Yuan, it has actually fallen by no less than 20% (see our above …

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China: Don’t Get Caught Naked

By John Richardson

THAT’S it then, the evidence is in that the September surge in China’s exports was, indeed, as I thought, substantially down to fake invoicing.

“The gap between China’s reported exports to Hong Kong and the territory’s imports …

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China’s September “Export Boom”. Are You Serious?

By John Richardson

WHEN something seems to be so obviously too good to be true, based on lots of contrary evidence, then it usually is.

And so here’s the thing:…

Nobody should take any serious notice of the 15.3% year-on-year

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China’s Bogus Export Boom

By John Richardson

CHINA’S strong export growth in July and August is widely viewed as fantastic compensation for weaker growth at home. It also viewed as a sign that the global economy has perhaps, turned a corner,

But now it …

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China Credit Squeeze Further Weakens “Real Demand”

By John Richardson

DESPITE the 26% increase in China’s polyethylene (PE) imports in Q1 of this year over the same period in 2013, “real demand” continues to weaken – i.e. the resin bought by end-users to actually make things.

The …

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China Drives Down Yuan To Protect Jobs

By John Richardson

WE first warned in December 2011 that as China’s economic reforms accelerated, Yuan depreciation was a strong possibility.

 And then in May of last year, we picked up the theme again by again suggesting that as growth …

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China’s Sandwich Generation Revisited

By John Richardson

THE sandwich generation in China, those too rich to qualify for social housing but also too poor to pay for ridiculously-overpriced private accommodation in the first-tier cities, is becoming increasingly disillusioned.

“We are really tired of claims …

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China Faces Poor Peak Manufacturing Season

By John Richardson

DEMAND for chemicals and plastics in Asia should be seasonally robust at this stage of the year, when Chinese companies typically prepare for the peak manufacturing season, but this isn’t happening in 2013, warned Paul Satchell, chemicals …

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ChinaBankLendingMay2013.jpg

China’s Leaders Stay The Course (So Far…..)

By John Richardson

Everything is still going to plan. As the chart above shows, China’s official bank lending is down by 16% in the year to date as the government rations credit to the big state-owned enterprises. The last thing …

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