Tag Archives | China’s economy

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%, …

Continue Reading

Demand Weakness Dominates

By John Richardson

A CAREFUL reading of all the major ICIS pricing reports covering olefins, polyolefins, aromatics and their derivatives over the last few weeks reveals very few mentions of the phrase “peak demand season”.

This time last year, the …

Continue Reading

The New Normal World In 2021

By John Richardson

ALL of us would love to be able to see into the future. Chapter 4 of our new eBook, ‘Boom, Gloom and the New Normal’, does just this.

It offers 10 predictions about how the world will …

Continue Reading

The Chemicals Party Is Over

By John Richardson

IT has been a fantastic party. Nobody expected that the drinks would last for so long, thanks to Wen Jiabao and Ben Bernanke working overtime to man the 24/7 off-licence (it is called “liquor store” in the States …

Continue Reading
resting-bull.jpg

Fingers Crossed For No Double-Dip Recession

 

 

The Risk Of Exhausted Optimism

Source of picture: http://www.thedigeratilife.com/blog/double-dip-recession/

 

By John Richardson

Global polyethylene (PE) oversupply will be “challenging but manageable” over the next year-and-a-half provided there is no double-dip economic downturn, said Joe Duffy, consultant with …

Continue Reading
content_euro.jpg

China Chem Imports May Fall On Yuan Expectation

As cheap as chips 

 

Source of picture: europa.eu

 

 

By John Richardson

THE decline in the Euro has resulted in investors downgrading their expectations of a Yuan appreciation taking place over the next few months.

Last week, Yuan …

Continue Reading
xin_100103021119578114712.jpg

Western Chems: Exporting Into More Domestic Trouble?

China’s migrant workers – a risky game…

 

Source of picture: China Daily

 

 

By John Richardson

THIS very disturbing Op-Ed piece by Paul Krugman in the New York Times argues that the US needs to impose a 25% …

Continue Reading
large_china-economy.jpg

China’s Growth In 2010: Two Theories

More buying of junk in H1 next year that nobody really needs?

Source: www.blogcleveland.com

 

 

By John Richardson

TWO theories about growth in China next year revolve around either an appreciation or devaluation of the Yuan.

The appreciation theory …

Continue Reading
china_plastic_bags.jpg

China PE Growth All-Time High

 

Source of picture: www.americanprogress.org

 

By John Richardson

China’s high-density polyethylene (HDPE) demand is expected to grow by 38% to around 7m tonnes forecasts CBI China, the Shanghai-based commodity information service.

Linear-low density (LLDPE) is expected to rise by …

Continue Reading
xin_24120209151275643227.jpg

China indicates monetary tightening

Confused Direction

Source of picture: China Daily

 

 

A TIGHTER monetary policy is being evaluated by China’s State Council, one of the country’s most-powerful legislative bodies, according to numerous media reports – including this one from Reuters.

And the …

Continue Reading