By John Richardson YOU should print-off the above chart and stick it on your chemicals company boardroom wall. From fellow blogger Paul Hodges, it shows the collapse in credit issued via China’s shadow banking system. It is the shadow banking system that has driven China’s debt-t0-GDP ratio to as high as 650% – and could […]
Asian Chemical Connections
China’s Oil Markets: One Example Of A World Turned On Its Head
By John Richardson The more oil that China imported the more it was becoming a middle class country by Western standards, was the old argument. All of us should now understand that the China middle class story was nothing more than a myth. This helps explain the collapse of oil prices since September 2014. Fortunately, […]
Jump to page: