By John Richardson CONTINUED urbanisation in China, it is often said by petrochemicals and polymer company CEOs, guarantees further strong demand growth for their products. But just because a statement is repeated on many occasions by very senior people during investor conference calls and at big public conferences doesn’t automatically make it true. This is […]
Asian Chemical Connections
China Polyethylene: Inland Growth And Internet Sales Versus Threat From Sustainability
By John Richardson THE ABOVE CHART uses the same approach I used in late February for my post on per capita polypropylene consumption in China. In this case, my focus is on polyethylene (PE): The latest available IMF data for per capita income levels by province and other administrative region in China is for 2016 […]
Evidence Builds Of China Slowdown As Economic Reforms Gather Pace
By John Richardson THE CHINESE economy remains one of the most overlooked threats to the conventional opinion that we are in the midst of a synchronised global economic recovery. Sure, some alarm bells rang with last week’s release of China’s official Purchasing Managers’ Index (PMI). The official PMI saw its steepest fall in six years. […]
China NPC Underlines Inflation Focus
The course of true love never runs smooth…..Happy China couples get divorced and then plan to remarry in order to avoid new property tax Source of picture: Quirky China News/Rex Features By John Richardson China will see “large inflation pressure in the second half of the year,” said a People’s Bank of China official on the […]
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