Entries from Asian Chemical Connections tagged with 'China GDP growth'
China GDP Slowdown No Surprise
By John Richardson ALL but two analysts out of a Bloomberg survey of 41 over-estimated China's first-quarter GDP growth. Monday's announcement of the 7.7% increase - pushing China in to the longest streak of expansion below 8% for 20 years...
Oil Prices Fall, As We Warned
Source: Daily Forex By John Richardson WE warned on 4 April that real economics threatened a sharp correction in crude-oil prices and it now appears to be happening. "New York's main contract, West Texas Intermediate for May delivery,...
No Relief For China SMEs
By John Richardson THE consensus view is that China's economy bottomed out in H1 and will see a recovery in GDP growth during the second half. Much hope has been attached to more government stimulus delivering a short-term boost...
China PE Demand Down 3 Percent
By John Richardson GROUND level economic conditions in China are still a lot weaker than headline GDP (gross domestic product) numbers suggest. For example, a polyvinyl chloride (PVC) sales and marketing executive said: "PVC demand growth is going to...
China To Grow at 3 Percent
By John Richardson THE possibility that China's economy may not expand as rapidly in the future as in the past is never discussed in public by resources-company CEOs, said an Australian-based stockbroker. His comments ring true for petrochemicals, also. The...
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...
Fears Rise Over China Long-term China Demand Dip
By John Richardson ANXIETY seems to be growing in the chemical industry over China's plan to migrate its economy away from export dependence towards greater domestic consumption. The sense of nervousness picked up in several conversations with company executives...
China GDP Reduction Spells Tough H2 For Chems
Source of picture: www.en.cn.national By John Richardson THE decline in China's GDP (gross domestic product) growth from 11.9% in Q1 to 10.3% in the first quarter is, no matter how you try to dress it up, bad news...
China's GDP Growth Out Of Official Comfort Zone
By John Richardson China's first-quarter GDP (gross domestic product) growth of 11.9% - the number released yesterday by the National Bureau of Statistics - is way above the 9.5% that the chairman of a major local bank has reportedly...
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