Tag Archives | middle-income trap

China Emerges As Winner In New Multipolar World

By John Richardson

TODAY’S headline should be written on your petrochemicals company boardroom wall, in several inch-high capital letters, and should then be used as the basis for a deep discussion about the consequences of this outcome for your business. …

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Iran Nuclear Decision Further Threat To US Polyethylene Exports

By John Richardson

DONALD TRUMP’S decision to pull out of the Iran nuclear deal, combined with the increasing likelihood of a US-China trade war, risks pushing the US polyethylene (PE) industry out in the cold.

The above chart illustrates the …

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Unavoidable US-China Trade War: Implications For Polyethylene

By John Richardson

A US-CHINA trade war has become much more likely following the negotiations that took place in Beijing last week. A compromise might of course still be struck, but the signs are not good.

If a trade war …

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China plans to raise ethylene capacity by 113% in major self-sufficiency drive

By John Richardson

IN SEPTEMBER last year, I had thought that China might raise its ethylene capacity by as much as 71% by as early as 2022 over its end-2017 level of 23.5m tonnes. Now, though, our updated data show …

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Why US-China Talks May So Easily Fail To Avert Trade War

By John Richardson

CHINA might still be in a race against time to achieve enough levels of innovation to escape its middle-income trap. This could mean that it has no choice but to reach a deal with the US on …

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US-China Trade War: Global Recession, Collapse Of Polyethylene Markets

By John Richardson

YOU have had more than 12 months to prepare for a global trade war that is becoming ever-more likely, almost by the day. This would lead to a new global recession given the shaky nature of today’s …

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US-China Trade War Draws Closer: Impact On Petrochemicals

By John Richardson

NOTHING that has happened over the last 24 hours should take you by surprise. Your petrochemicals company has had ample time to prepare for the US-China trade war that has now become a much stronger possibility following …

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China Doubles Down On Pollution Clean-up: Consequences For Chemicals

By John Richardson

ECONOMIC GROWTH for the sake of economic growth was for so many years the No1 priority in China. It is hardly surprising, therefore, that there is a legacy of major environmental problems.

These include some 1.6m premature …

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China And US On Collision Course As Trade Tensions Build

By John Richardson

Yesterday, President Trump threatened to impose penalties on China for alleged abuse of intellectual property right rules. Below is the context behind way claims of abuses are likely to increase in the future.  This suggests that China …

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China’s 19th Party Congress: Stronger President Xi Good For Petchems Growth

By John Richardson

I SEE three Scenarios for Chinese economic growth, and so of course petrochemicals demand growth, in 2018-2025. See below where I detail how these three Scenarios would affect growth in demand for polypropylene (PP).

But first of …

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