By John Richardson THE data is quite staggering. Last year, mobile payments in China totalled $5.5 trillion versus compared with just a $112 billion. This means that on a per capita or person basis, mobile internet payments totalled $3,900 in China in 2016 versus just $345 in the US. In the space of just a few […]
Asian Chemical Connections
China A Nation Of Cheap Copycats? Nonsense
By John Richardson COMPLACENCY is the enemy of good analysis and one particular piece of complacent, and quite frankly lazy, analysis is to dismiss China as being permanently stuck in the category of a” low value copycat nation”. Beware the smartphones business. Anybody who was complacent enough to believe that the Chinese couldn’t make the […]
The New “China Price” Threatens Metallocene LLDPE
By John Richardson THE great advantage of moving up the value chain to metallocene-grade linear low-density polyethylene (mLLDPE) in Asia is that every time converters upgrade their equipment, they tend to switch to machinery that can process the resin. “In Europe and the US, the problem is that far more converters have already invested in […]
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