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  • China's export dependency grows

    New light has been shed on the critical question of whether domestic growth in China, and Asia, can substitute for slowing western growth. It turns out, according to research by the Royal Bank of Scotland, that both have become more export-intensive in recent years, not less: • China's exports were...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-29-2008
  • The end of 'stretch targets'

    There is little doubt that chemical growth is weakening. The above chart, taken from Kevin Swift's excellent weekly report for the American Chemistry Council, indicates that a serious downturn is underway. Since January, world production growth (the solid green line) has halved - from 4.1%, to 1...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-27-2008
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