By John Richardson CHINA’S commodity imports boom was, of course, mainly down to the rise its middle class as hundreds of millions more of its citizens became rich enough to buy a refrigerator, a TV and a car for the first time. Or was it? Daniel De Blocq van Schetlinga, the Hong Kong-based head of […]
Asian Chemical Connections
China Export Gains Raise Sustainability Fears
Source of picture: www.msnbc.msn.com/id/23512037/ CHINA is making export gains at the expense of other higher-cost competitors that might not be sustainable because of reasons including rising trade protectionism and economic rebalancing. Chemical companies need to factor in this risk – and take into account how overall demand might merely be shifting location […]
China’s Great Growth Gamble
Source of picture: www.todaysfinancialnews.com China’s feverishly fast construction of roads, power plants and new industrial capacity has been designed to offset the decline in exports – and what a short-term success the policy has been. Of the 7.7% of GDP (gross domestic product) growth recorded for the first nine months of this year, 7.3 […]
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