Tag Archives | China exports

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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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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China PE Recovery Lacks Firm Foundation

By John Richardson

DESPITE a slight pick-up in China’s polyethylene (PE) prices over the last two weeks (see above chart), producers and traders remain gloomy about the immediate outlook.

“What has driven prices up is that new supply hasn’t hit …

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China’s PE Cycle Repeats Itself

By John Richardson

THE above chart shows that China’s polyethylene (PE) demand growth has been well below that of overall GDP for most of the years between 2006 and 2012.

This supports the argument that economic growth has been too …

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China Jan PMIs Tell Different Stories

Source of picture: Imaginechina/Rex Feature

 

By John Richardson

ONE can interpret last week’s release of January purchasing manager’s indices for January just about any way you like.

Thus, Reuters wrote on 2 February: “China’s official PMI released by the …

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China’s Two-Speed Recovery

By John Richardson

CHINA appears to be in the midst of a two-speed recovery as a result of stronger domestic growth, while the export environment remains very bleak.

“Our polyethylene (PE) sales to converters who sell into the domestic market …

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China PE Growth At Only 4%

By John Richardson

CHINA’s polyethylene (PE) demand growth was up just 4% in January-October of this year compared with the same period in 2010, as the chart above from Global Trade Information Services (GTIS) indicates.

And yet in January, many …

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China Lending Declines In October

By John Richardson

POLITICS, politics and politics are three most important factors that need to be evaluated when assessing the direction of China’s economy.

Thus, in the short term it appears that the surge in bank lending from May to September …

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China GDP Growth 4-5% in 2013-2020

Canton Trade Fair. Source of picture: http://www.vatti-china.com/News/83.htm

 

By John Richardson

IT would be nice to believe that the improved mood at this week’s Canton Trade Fair represents a long-term turnaround in China’s economic direction.

This reflects a 9.9% increase …

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