Tag Archives | trade protectionism

What Exclusion From China’s One Belt, One Road Looks Like

By John Richardson

IS the whole world really turning again free trade? No, if you consider the potential improvement in trade flows between the 65 mainly developing countries which make up China’s One Belt, One Road (OBOR) initiative.

What we …

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China’s “Teapot” Refineries: Example Of The Bigger Picture

By John Richardson

IT is all about jobs, jobs and more jobs in politics. Promising to create and maintain employment is how politicians win office. And delivering on these two pledges keeps them in power.

But let’s not by cynical …

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China Drives Down Yuan To Protect Jobs

By John Richardson

WE first warned in December 2011 that as China’s economic reforms accelerated, Yuan depreciation was a strong possibility.

 And then in May of last year, we picked up the theme again by again suggesting that as growth …

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The Petronas Decision: What It Means

By John Richardson

LAST week’s decision by Petronas to go ahead with its $27bn refinery and petrochemicals complex at Pengerang in Johor, Malaysia, tells us that:…

Nation building remains important in the petrochemicals business. This project will create huge further

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Regional Trading Blocs: Globalisation In Reverse

By John Richardson

HAS anyone out there considered the possibility that we could end up with a series of regional trading blocs as globalisation goes into rapid reverse?

Or have chemicals companies instead come up with one-dimensional outlooks that assume …

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Prepare For More Fragmented, Protected Markets

By John Richardson

Last week, the blog gave a presentation at the ICIS Asian Polyolefins Conference in Jakarta during which we highlighted the anxiety over the impact of increased low cost ethylene and derivatives exports from the US.

But only …

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Australia: Nice Work If You Were Able To Get It

By John Richardson

BACK in the late 1990s, the blog held a discussion with an Australian petrochemicals industry executive. He described his country’s approach to free trade, or rather the lack of it, as “to put it politely, naïve, and …

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Much Less Of This…..

……..

 Source: FT Beyondbrics

 

By John Richardson

A fascinating article by the academic Anil K Gupta and consultant Haiyan Wang offers further support to our long-running argument that the future will not necessarily be the same as the future, …

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Chems Trade Protectionism On The Rise

By John Richardson

TRADE protectionism in chemicals is set to rise during 2012 as a result of a weaker global economy, warned a trade lawyer who specialises in the chemicals industry.

“There was a 30-40% increase in the total number …

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China And The WTO Ten Years On

By John Richardson

TEN years ago this weekend China officially joined the World Trade Organisation (WTO), and so no doubt numerous speeches have been given about all the benefits to the global economy.

Here is a somewhat more negative perspective:

*As the diagram …

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