Tag Archives | China GDP growth

China’s “Irrelevant” Target

By John Richardson

WHEN is a target for GDP growth almost irrelevant? Perhaps this year in China, when if history is any guide, even if China genuinely hits its 7.5% growth target, chemicals demand growth could considerably undershoot this number.…

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China’s 2014 GDP Growth Target

By John Richardson

THE blog is scratching its head this morning as it tries to work out how China can have it both ways.

Yesterday, Li Keqiang, China’s Premier, announced that the country’s 2014 GDP growth target would be 7.5%, …

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China “Base Case” Indicates Another Good Year

By John Richardson

LAST year was a tremendous year for polyethylene (PE) exporters to China, according to data provided by US-based International Trader Publications, the US-based trade data and analytics service.

They conclude that China’s imports of high-density polyethylene (HPDE) …

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China GDP Slowdown No Surprise

By John Richardson

ALL but two analysts out of a Bloomberg survey of 41 over-estimated China’s first-quarter GDP growth.

Monday’s announcement of the 7.7% increase – pushing China in to the longest streak of expansion below 8% for 20 years …

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Oil Prices Fall, As We Warned

Source: Daily Forex

 

By John Richardson

WE warned on 4 April that real economics threatened a sharp correction in crude-oil prices and it now appears to be happening.

“New York’s main contract, West Texas Intermediate for May delivery, closed …

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No Relief For China SMEs

By John Richardson

THE consensus view is that China’s economy bottomed out in H1 and will see a recovery in GDP growth during the second half.

Much hope has been attached to more government stimulus delivering a short-term boost to …

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China PE Demand Down 3 Percent

 By John Richardson

GROUND level economic conditions in China are still a lot weaker than headline GDP (gross domestic product) numbers suggest.

For example, a polyvinyl chloride (PVC) sales and marketing executive said: “PVC demand growth is going to be …

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China To Grow at 3 Percent

By John Richardson

THE possibility that China’s economy may not expand as rapidly in the future as in the past is never discussed in public by resources-company CEOs, said an Australian-based stockbroker.

His comments ring true for petrochemicals, also. The …

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China Economic Optimism

By John RichardsonECONOMISTS think China’s growth has bottomed out, thanks to unexpectedly strong March bank lending.

They also think that interest rates will stay low for a long time, even if rates cannot be cut because of the inflation problem. 

New …

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