By John Richardson JUST as the West was lucky, so was China. The Chinese economy was also buoyed by the Babyboomers, and by its 2001 admission to the World Trade Organisation that enabled it to greatly increase its role as the workshop of the world. This came at the cost of impoverished factory workers, environmental […]
Asian Chemical Connections
Misplaced Faith In China Recovery
By John Richardson WEAKER domestic consumption-growth in China represents a major challenge to the argument that global petrochemicals demand, and therefore pricing, will see a strong recovery during 2011. Price declines continued last week with low-density polyethylene (LDPE) down a further $20-50/tonne as the polymer, as we have reported before, continues to be dogged by […]
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