Tag Archives | SMEs

Divergent China PMIs Tell Clear Story

By John Richardson

CONFUSED? You shouldn’t be. Yesterday’s announcement of two Chinese purchasing managers’ indices for July, which had moved in opposite directions, merely underlines the imbalances in China’s economy.

The final HSBC/Markit PMI for July came in at 47.7 …

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China’s SMEs Continue To Struggle

By John Richardson

ONE of the reasons why China’s polyethylene (PE) demand growth has been below the increase in overall GDP for most of the years since 2006 has been the relatively weak performance of the country’s small and medium-sized …

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China Polyethylene Sentiment Recovers

By John Richardson

CHINA’S polyethylene (PE) market is enjoying a mini-rebound on improved confidence in the ability of politicians to turn the economy around, the blog has been told.

There seems to be a feeling out there that more help …

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No Relief For China SMEs

By John Richardson

THE consensus view is that China’s economy bottomed out in H1 and will see a recovery in GDP growth during the second half.

Much hope has been attached to more government stimulus delivering a short-term boost to …

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Chems Trade Finance Threat

By John Richardson

NEW banking regulations could severely restrict the ability of small and medium-sized (SMEs) companies to access trade finance. This would hit Asia particularly hard, as the majority of chemicals and polymer business involves SMEs.

Under the Basel III …

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Wen’s Last Reform Push

By John Richardson

Wen Jiabao has been at it again. His extraordinarily strong comments on Tuesday follow those he made last month about the risks of a return to the economic chaos of the Cultural Revolution.

On this latest occasion, …

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China’s Precarious Balancing Act

Him again…..Jim Chanos

Source of picture. www.marketfolly.com

 

By John Richardson

THE Chinese government is playing a perilous game at the moment as it tries to undo damage caused by economic stimulus.

As it grapples with attempting to lower property …

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Limited Help For China’s SMEs

By John Richardson

THE credit crisis that is limiting chemicals and polymer trade in China is continuing, even though local initiatives have been launched to help small and medium-sized enterprise (SMEs) with the central government indicating that more help could be …

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China Inflation Pressure Mounts

By Malini Hariharan

The Chinese government’s efforts to control inflation are showing no signs of yielding results.

The National Development and Reform Commission (NDRC) admitted yesterday that the government was finding it difficult to achieve its full-year inflation target of below …

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More On China And Stimulus Hopes

By John Richardson

THE fact that the focus has turned to what China might be able to do to once again rescue the global economy reinforces just how important it has become for global growth prospects.

For the chemicals industry …

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