Tag Archives | China GDP

China Heads For Negative Real GDP By As Early As Q4

By John Richardson

“BY NOW I think most folks are aware of and agree with the blog’s views on China,” a chemicals industry source said last week.

“The only things that no one seems to know for certain are 1) …

Continue Reading

China’s Q2 GDP Number Is Irrelevant

By John Richardson

CHINA is due to release its second-quarter GDP growth number today (Wednesday) and so the analytical frenzy is already well under way.

For example,  AFP writes in this article: “Chinese growth failed to accelerate in the second …

Continue Reading

China’s Growth Worse Than You Think

 

By John Richardson

HEADLINE growth numbers seemed to be good enough for most China observers at the height of probably the world’s biggest- ever credit boom.

Why? Because you could argue that the flood of credit, and with it …

Continue Reading

China And The Need To Keep On Digging

Sources: ICIS Consulting, World Bank and China’s NBS

 

By John Richardson

POLYETHYLENE (PE) demand growth in China during 2007-2012 was essentially a story of:…

Firstly, excessive stimulus which compensated for the global financial crisis.
And then from April 2011

Continue Reading
HSBCP2.png

China: The Politics Behind The “Recovery”

By John Richardson

THE overall HSBC flash purchasing managers’ index for January, which was released yesterday, was at a two-year high (see the above chart), with the sub-index of production at a 22-month high.

This is great news for equity values …

Continue Reading
Chinabanklendingelectricityconsumption.jpg

China’s Unreliable GDP Data

 

By John Richardson

THE economic slowdown throughout Asia became more apparent last week with the release of disappointing data, prompting interest rate cuts in China, Vietnam and South Korea.

China’s key polyethylene (PE) market responded as trading volumes fell …

Continue Reading
Copperstocks.jpg

China’s Great Growth Gamble

 

Source of picture: www.todaysfinancialnews.com

China’s feverishly fast construction of roads, power plants and new industrial capacity has been designed to offset the decline in exports – and what a short-term success the policy has been.

Of the 7.7% of …

Continue Reading