By John Richardson WHEN is over-investment a good thing? This was another question the blog was left pondering after a good conversation with a Beijing-based training delegate during ICIS Training’s recent China Seminar in Bangkok. She made the point that China builds roads, bridges and railways, which ends up “seeding” or developing demand in less-developed […]
Asian Chemical Connections
India PVC Reflects Macro Problems
By John Richardson WHAT is happening in India’s polyvinyl chloride (PVC) sector reflects some of the macro-economic challenges we discussed earlier this week. An additional 8.5m tonnes of PVC pipes demand could be generated in the space of just five years if the government can get its act together on economic reform, said an Indian […]
BRICS Version 2
Mind the gap – India’s rich and poor Source of graph: http://www.business-standard.com/india/news/sonalde-desai-the-great-indian-poverty-game/469351/ By John Richardson INDIA’S economy is expected to grow at its slowest pace for a decade as a result of political gridlock, tight monetary policy and the weak global economy, according to a Reuters’ poll of economists. As we discussed […]
BASF Highlights Changes In Growth
Martin Brudermüller Source of picture: BASF By John Richardson “THE struggle over China’s future direction seems to be harder fought than we had imagined,” said BASF vice chairman Martin Brudermüller last Thursday, in a German newspaper interview. “There are very intensive discussions being held in China about the direction the country should take. […]
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