By John Richardson Inventories of copper, aluminium, lead and nickel have risen as prices for all these commodities have also surged, says this article in The Economist. Source of graph: The Economists Copper stocks total half a million tonnes in metals-exchanges warehouses in what HSBC analyst Andrew Keen describes as a market […]
Asian Chemical Connections
Falling China license plates a lead indicator?
Source of picture: Chinaenvironmentallaw.com Talk around the water-cooler in Shanghai offices at the moment is the fall in the cost of a car-license plate in September to a lowest bid of Yuan 27,000 ($3,953) from around Yuan 36,000 in August. “It surprised everyone because the forecast had been for the price to actually go up […]
China borrowing from the future?
It’s easy to get caught up in the excitement over the rebound in the Chinese economy and miss underlying weaknesses which point to some major problems ahead. To some extent, in a desperate effort to compensate for collapsing export trade, China might have borrowed from the future in order to achieve a swift recovery. “The […]
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