Tag Archives | US sub-prime crisis

China Targets Trade Finance

By John Richardson

AT the high inflation point of any financial bubble, you tend to get outlandishly dangerous and dodgy practices designed to make even more money because most people think that “this time will be different” – i.e. that …

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US Chemicals Still Behind 2007

 By John Richardson

US chemicals production remains way below its pre-crisis 2007 level but production in Asia-Pacific, after a brief blip in 2009, continues to soar, according to these charts from the American Chemistry Council.

Whereas US producers have carried …

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Resolving China’s Bad Debts

By John Richardson

IS China facing a bad debt crisis as serious, or perhaps even worse, than sub-prime in the US and sovereign debt in Europe?

Despite all the bland reassurances the blog keeps hearing from chemical industry executives about the …

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China’s Debt Problems

  

By John Richardson 

Fellow blogger Paul Hodges made  a convincing case in a post on Tuesday that China’s economic model faces some major challengs. 

“It seems increasingly clear that China‘s economic policy took a wrong turn 10 years ago, when it …

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