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Asian Chemical Connections

China’s Capital Flight Challenge

By John Richardson CHINA’s economic statistics continue to take your breath away. For example, in 1993, the country’s nominal GDP totalled around $613bn compared with estimates of around $9 trillion for 2013. But who owns most of this new-found wealth? “Using various surveys and methodologies, the general consensus is that the wealthiest 1% of urban […]

The more you look at the data…..

Deep in the heart of the great wealth gap Source of picture: Blogmlive.com ….the more convincing seems to be the argument that financial and commodity markets have got way ahead of the recovery in the real economy. Take a recent Credit Suisse report, for instance. Its analysis of monthly apparent demand in China, up until […]

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