Tag Archives | Asian financial markets

China’s president highlights ‘new normal’ of economic growth

China’s President Xi Jinping became the first world leader to highlight the move into a “new normal” at the weekend: “China is still in a significant period of strategic opportunity. We must boost our confidence, adapt to the new normal condition based on the characteristics of China’s economic growth in the current phase and stay cool-minded” “Through […]

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Recovery has been delayed, again

Recovery has been delayed, again.  That is the clear message from the blog’s extensive discussions with key executives in global and regional markets over the past 2 weeks. In summary as this ICIS video interview suggests, the picture is as follows: Base chemical demand has broadly fallen from peak levels in Q3  Most chemical buyers built inventory in […]

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India’s auto industry “continues towards downwards path”

Car companies are normally optimistic.  You rarely hear them saying that things are saying that things are bad – they prefer instead to focus on how things are just about to get better. This makes recent statements by India’s auto manufacturers association even more remarkable.  August sales data was announced in a press release headed “Auto Industry […]

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A tale of two worlds

It used to be said that ‘if the US sneezes, the rest of the world will catch a cold’. Well, the US is certainly sneezing as a result of its subprime financial crisis, but the rest of the world doesn’t seem to be taking too much notice, as least so far. As Bloomberg comments overnight, […]

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