By John Richardson CHINA’S official Lunar New Year postage stamp for 2019 shows a family of five happy pigs made up of two parents and three children. This is if course is the Year of the Pig and in Chinese culture pigs represent wealth and treasure. Nicholas Eberstadt, a political economist, is amongst others who […]
Asian Chemical Connections
Get Behind China
By John Richardson THE blog is often accused of being pessimistic. We are not. We are just realistic. It was realistic last November to anticipate that China’s new leaders would be dedicated to major economic reform. In fact, this was clear even earlier than that – back in February 2012 when the World Bank produced […]
It Is Now Down To Seven Guys In A Room
Source of picture: China Daily By John Richardson The famous investor, Jim Chanos, warned three years years ago that the West places an inordinate amount of trust in “nine guys in a room” (i.e. China’s Politburo Standing Committee) getting it right. Since last year’s leadership transition that trust now needs to be placed in just […]
China Urbanisation Complications
By John Richardson EVERY time you come back to the subject of China, it becomes ever-more complex and uncertain. An excellent example is an article published in the academic journal, Eurasian Geography and Economics, in February, by University of Washington professor Kam Wing Chan. It questions to what extent China’s economy will benefit from further […]
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