Entries from Chemicals & The Economy tagged with 'Li Keqiang'

China's new leadership heads in a new direction

As promised, the blog today looks at the impact of former President Jiang Zemin's return to active politics during the recent leadership transition. Its monitoring of expert commentary inside and outside China suggests he has achieved 4 major changes: •...

China's leaders mark time till power handover

How many more empty cities like Ordos does China really need? Are 64.5m empty apartments enough, or should there be more? Should we build more steel mills, to add to the current 220MT of over-capacity? These are the questions facing...

PE demand decline highlights China risks

China's slowdown is continuing to gather pace. Polyethylene (PE) demand has been a very reliable leading indicator for the economy. Its 50% growth between 2008-10 highlighted the overheating economy, as the government stoked a credit bubble, even whilst official GDP...

China's economy ends 2010 at new highs

China's economy ended 2010 on yet another high. As the chart shows, bank lending (red column) and electricity consumption (blue line), remained very strong: • Electricity usage was up 15% in 2010 versus 2009 • Bank lending was RMB 7.9trn...

China's women believe housing essential for marriage

70% of China's women regard "housing, a stable income and some savings" as vital for any man wanting to get married. And they probably don't regard architect Dai Haifei's $300 Beijing 'egg house' (pictured) as their ideal. The data comes...

China's Li calls for "reasonable" GDP growth in 2011

The blog is awarding itself a pat on the back today, for its decision to focus on electricity consumption and bank lending as key indicators for China's economy. According to the Wall Street Journal, these are 2 of the only...