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Asian Chemical Connections

China Latest Growth, Inflation Raise Rate Rise Fears

By John Richardson CHINA’S soaring fourth-quarter GDP (gross domestic product) growth – and the release of the latest inflation statistic – has heightened fears among economists that interest-rate rises will be necessary, risking collapse in house prices if it’s not managed skilfully. Inflation rose to 1.9% in December last year from 0.6% in November, according to […]

China Latest Credit Tightening Blow To Chemicals

By John Richardson CHINA’S decision to temporarily halt lending by some banks – which was announced yesterday – as it attempts to further cool the economy will likely have a significant effect on chemicals demand and pricing. This follows last week’s decision to raise bank reserve requirements and two increases in the inter-bank lending rate […]

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