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Asian Chemical Connections

China NPC Underlines Inflation Focus

The course of true love never runs smooth…..Happy China couples get divorced and then plan to remarry in order to avoid new property tax Source of picture: Quirky China News/Rex Features   By John Richardson China will see “large inflation pressure in the second half of the year,” said a People’s Bank of China official on the […]

Place Your Bets – Who Is Right?

By John Richardson DOW Chemical CEO Andrew Liveris said in a 27 July conference call that China’s industrial economy was still doing very well. “They’re managing themselves down very nicely,” he added, pointing to official GDP growth numbers of 8-9%, which translate into chemicals and plastics growth of 12-13%. “We’re not seeing any issue here […]

Growing Uncertainties Cloud Chemicals Outlook

By John Richardson THE global growth outlook grows ever murkier as a result of credit tightening in China (or is the problem instead continued strong growth in lending?), inflation problems throughout Asia, possible monetary tightening in the West, the direction of oil prices and the Japanese tsunami-earthquake. We feel that this is making the rest […]

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