By John Richardson THE majority of people analysing data on China’s economy are still getting it wrong. They think that the worst the numbers get, the more likely it is that the government will panic. Predictions are widespread, therefore, of an interest rate cut and a reduction in the bank reserve requirement later this year. […]
Asian Chemical Connections
China Housing The Biggest Risk
By John Richardson WHEN the blog made the point during a recent presentation that China is still predominantly a poor country, a chemicals industry executive pointed out that it doesn’t feel that way if you visit the Apple store in Hong Kong. If you do, you will see lots of rich mainlanders buying every I-Phone […]
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