Tag Archives | China

Global Trade: What The New Dynamics Mean For Petchems

By John Richardson

THE result of this year’s US presidential election may well be determined by one issue – trade – as yesterday’s first presidential debate perhaps indicated.

These are incredibly dangerous times for the global economy, and with it, …

Continue Reading

What Exclusion From China’s One Belt, One Road Looks Like

By John Richardson

IS the whole world really turning again free trade? No, if you consider the potential improvement in trade flows between the 65 mainly developing countries which make up China’s One Belt, One Road (OBOR) initiative.

What we …

Continue Reading

China And Iran: Reshaping Global Polyester Trade

By John Richardson

IN TODAY’S world you have to start with political, social and macroeconomic factors to help build your map of global chemicals trade flows over the next ten years.

You next need to consider the old standard measures …

Continue Reading

Xi’s Overture Finishes As China’s Real Reforms Begin

By John Richardson

We’re going to see pretty soon whether this man [China’s President, Xi Jinping] is for real.

THE above quote, from Chinese Studies professor Kerry Brown in this FT article,  is something else that you should print out …

Continue Reading

China Reformers Regain The Upper Hand

By John Richardson

THE above chart indicates that the reformers have regained influence in China:

Whilst new loans from state-owned banks in May beat analysts’ expectations by a big distance, total social financing (TSF), which is the measure of all…

Continue Reading

Emerging Markets: 67.7 More Years To Catch Up With US

By John Richardson

IF I had a dollar in my pocket for every time I had read or heard the phrase “the rise of the middle classes in the emerging markets” in the context that this was a tremendous opportunity …

Continue Reading

China PP Import Decline Challenges Global Markets

By John Richardson

THE latest data on China’s polypropylene (PP) imports should set alarm bells ringing in polyolefin company board rooms:

China’s PP production was up by 14% in January-April 2016 versus the same four months last year, with imports…

Continue Reading

“Out Of The Box” Solutions Can Prevent Global Trade Tensions

By John Richardson

IF you are a politician in the West, one approach to today’s crisis of global industrial overcapacity is heap most of the blame on China and threaten China with trade barriers. But if China doesn’t respond to …

Continue Reading

Oil Prices: Beware Return Of The Financial Bears

By John Richardson

THE above chart shows the extent to which this year’s oil-price rally has been led by futures markets. What is significant, though, is that futures activity seems to have plateaued.

Sure, futures activity could easily go the …

Continue Reading

Asian Polyethylene: Challenge The New Paradigm

By John Richardson

IT would be very interesting to go back to 2000 and compare the strength of positive sentiment towards the future of the Asian polyethylene (PE) industry to the above chart.

The chart shows spreads between naphtha costs, …

Continue Reading