Tag Archives | Wen Jiabao

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China Reformer Sidelined

By John Richardson

AN assumption is that economic reformers will win control of China’s Politburo after the once-in-a-decade leadership transition is out of the way (China’s new set of leaders are set to be announced during the 18th Party Congress, …

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China Bad Debts

In the first of a series of blog posts on the major challenges facing China’s economy over the next 12-18 months, we look at bad debts.

 

High stakes in Hangzhou. Source of picture: Wikimedia  

 

By John Richardson

A …

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No Big China Relief

By John Richardson

Wen Jiabao re-emphasised at the weekend that China’s economic policy would be tweaked rather than radically overhauled because inflation, despite declining further in April, remains a major threat.

Anybody hoping for a stimulus package on the scale …

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Asian Polyolefin Prices Tumble

By John Richardson

Asian polyethylene (PE) prices slumped by $90-130/tonne last week on the eurozone crisis, the fall in oil prices and the imminent arrival in China of large volumes of Iranian material, according to ICIS pricing.

A further factor …

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Consensus Misses The Point

 By John Richardson

The consensus view on China remains that we have reached, or are near, the bottom of the decline in GDP (gross domestic product) growth.

This was how yesterday’s release of the preliminary HSBC China Manufacturing Purchasing Managers …

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China’s Changing Demand

By John Richardson

THE nature of demand in China is changing, despite the belief among some chemicals analysts, and companies, that everything will soon return to normal.

Here is a summary of our key arguments. Please print off and pin …

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The H2 Recovery Story

By John Richardson

THE majority of chemicals analysts have yet to wake up and smell the coffee, according to an industry observer.

“South Korean stocks have come off by 15-30% since their big recovery in January, but it is only …

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China Economic Optimism

By John RichardsonECONOMISTS think China’s growth has bottomed out, thanks to unexpectedly strong March bank lending.

They also think that interest rates will stay low for a long time, even if rates cannot be cut because of the inflation problem. 

New …

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MEG’s Fading Star

 

By John Richardson

CHINA’S mono-ethylene (MEG) market was supposed to be very strong this year.

But instead, to date we have seen persistently weak market conditions that few people, least of all the traders, seem to have anticipated.

The …

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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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