Tag Archives | Xi Jinping

Credit, Commodities And China: History May Soon Repeat Itself

By John Richardson

YOU should be getting that strong feeling that history might be about to repeat itself when you look at the January-February data on China’s petrochemicals markets. In polypropylene (PP), polyethylene, styrene, mono-ethylene glycol, phenol and acetone, the …

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Global Deflation At Risk Of Returning On End Of China Commodities Bubble

By John Richardson

THIS time last year it was deflation that seemed to be the problem for the global economy. Despite many years of US Federal Reserve, European Central Bank (ECB) and Bank of England (BOE) etc. economic stimulus, consumer …

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Oil Prices Could Fall By 50% On Demand As Well As Supply Realities

By John Richardson

THE REAL crude-oil supply story is becoming more commonly understood – hence, the recent declines in pricing. As I discussed in early March, before oil prices started heading south again,  supply has been long for a substantial …

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Shift In Lending Patterns Indicate Slower 2017 China Growth

By John Richardson

WE HAVE now seen two months of a very important shift in the pattern of credit growth in China:

In January, new local-currency bank loans were Rmb2.13 trillion ($310bn).. This was far above December’s Rmb994bn, but there…

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China Credit And Economic Growth To Slow Again

By John Richardson

Since early 2014, China’s economic history has been one of start, stop reforms.

First of all, President Xi Jinping (pictured right) was in control as his “Princeling” political faction began to effectively implement the bold reform vision …

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Tackling China’s Latest Steel Bubble: Implications For Petrochemicals

Note: A technical fault meant I was unable to update the blog on Wednesday and Friday last week. Business as usual returns this week.

By John Richardson

THE stop, start nature of economic reforms in China, which is the result …

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China And US: Different Approach To Same Challenge Risks Only One Winner

By John Richardson

WHAT do Xi Jinping and Donald Trump have in common? Both confront the challenge of income inequality.

President Xi’s approach is centred on the One Belt, One Road initiative, which involves an attempt to create the world’s …

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China: 2017-2020 Scenarios For Polypropylene Growth

By John Richardson

IS this the moment when Xi Jinping decides to take most of the pain of economic reforms?

A recent article in Caixin, the Chinese business and finance magazine, suggests that the moment could have arrived:

This week, …

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Why China Cannot Get Away With Its Latest Debt Crisis

By John Richardson

CHINA has had debt crises before that have been very easily resolved. In the late 1990s, for instance, as business and economics professor, Christopher Balding, points out, China’s government created state-owned asset management companies to clean-up the …

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China’s Latest Real Estate Bubble And The Lessons Of History

By John Richardson

ARE you still playing catch-up on China as events once again take what you think are an entirely unexpected turn? If so, you haven’t learned the lessons of the last three years.

In late 2013, after the …

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