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Asian Chemical Connections

China: Don’t Listen To The Stimulus Nonsense

By John Richardson THE Shanghai Composite Index soared to a seven-year high yesterday on the hope that China’s government is about to launch more economic stimulus because of the release of another disappointing HSBC purchasing managers’ index (PMI).  Factory orders shrank at their fastest rate in just over a year, according to the preliminary May […]

China Polyolefin Demand Set To Rise By 30%

By John Richardson in Shanghai and Malini Hariharan China is set to see polyolefins demand growth of 30% or more this year, depending on the which particular grade, according to preliminary estimates prepared by companies and market analysts. Even if you take into account last year’s relatively low growth rates (I say relative because despite […]

China Real Estate: When Is A Bubble A Bubble?

      Source of picture: www.managingthedragon.com By John Richardson I love the phrase used by Andrew Peaple of the Wall Street Journal in this article on China’s property “bubble”: Getting a straight answer is like “nailing jelly to a wall”, in other words xxxxxx impossible. I will be in Shanghai next week on a business […]

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