Tag Archives | China

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China “Recovers”

By John Richardson

ONE interpretation of the rise in the HSBC China Purchasing Managers Index to a 13-month high in November is that next year promises a strong recovery in the world’s most-important chemicals market.

“People have taken considerable cheer …

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Northeast Asian PE Margins At Record Low

By John Richardson

THE above slide shows how bad the polyethylene (PE) market has been in 2012.

Based on data from the ICIS pricing Asian PE Margin Report, it shows how Northeast Asian high-density (HDPE) integrated variable cost margins have …

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Honestly, Nobody Still Has A Clue

By John Richardson

JUST as the West was lucky, so was China. The Chinese economy was also buoyed by the Babyboomers, and by its 2001 admission to the World Trade Organisation that enabled it to greatly increase its role as …

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Weak PE Margins Reflect Big Picture

By John Richardson

BEFORE we look at last week’s political handover in China in more detail tomorrow, while on Friday we will return to our theme of Asian demographics, the above slide illustrates what the big picture has meant for …

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Polyester Another Victim Of Hype

By John Richardson

SEVERAL major petrochemical companies only have one scenario for China, which is that its economy will continue to grow at a rapid rate, the blog has been told by people working for these companies.

Similarly, as fellow blogger …

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China New Leaders Announced

Xi Jinping addresses the 18th Party Congress

Source of picture: KeystoneUSA-ZUMA/Rex Features  

 

By John Richardson

CHINA’S new seven-man Politburo Standing Committee was announced today, with the bad news being that five of its members are thought to be either conservative …

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Indonesia’s “Great Moderation”

Graph prepared by The Economist

 

By John Richardson

INDONESIA has enjoyed eight consecutive quarters of 6% GDP growth and so – along with several other mainly domestically-demand driven Asian economies – is viewed as a haven of stability in an increasingly uncertain …

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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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Asian PE Recovery On “China Turning Point”

By John Richardson

ASIAN polyethylene (PE) prices rose by $10-30/tonne for the week ending 9 November in response to reports of low inventories, according to ICIS.

A further improvement in the market is anticipated by one trader, as a result of the …

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China: Consumption And Hot Air

Source: New York Times

 

By John Richardson

TALK of a billion plus Western-style consumers is nothing more than hot air, with the temperature maintained by the financial sector eager to sell you its products.

The reality is very different, …

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