Tag Archives | emerging economies

Earnings disappoint again, as companies face challenge of slowing global growth

Most of today’s executives and policymakers grew up during the SuperCycle.  Many therefore continue to believe that a return to constant growth is somehow inevitable.   Sadly, of course, they are doomed to disappointment.      And disappointment is the predominant message from the blog’s usual quarterly review of company results.  Thus BASF note that “achieving our earnings target […]

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Roubini cautions on China growth, highlights India

Prof Nouriel Roubini, one of the few to forecast the current Crisis, is very positive about the opportunities for growth in India over the next 20 years. Speaking in Mumbai, he argued that: • “While the economies of India and China are not large enough to lead global growth, emerging markets remain ‘bright spots’ compared […]

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China’s olefin imports surge as government subsidises gasoline/diesel demand

China’s ethylene and propylene imports have surged in recent months, as the country has diverted naphtha to supply gasoline and diesel needs. ICIS news, reporting official China Customs figures, says 2007 ethylene imports were over 400% higher at 510KT, versus just 117KT in 2006. Ethylene exports also more than halved to 50KT in 2007, from […]

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