Tag Archives | US economy

US-China Trade War Heavily Focused On Energy, Petchems

By John Richardson

Normally, the blog only publishes on Mondays, Wednesdays and Fridays, but this week is an exceptional week because of the unfolding US-China trade war. So today I publish a post with more to follow tomorrow.

YESTERDAY it …

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China Holds Most Of The Good Cards In Trade War With US

By John Richardson

THE BREAKOUT of formal trade hostilities between China and the US, after more than a year of a “war of words” between the two countries, has occurred shortly after the EU responded to the US aluminium and …

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China to impose tariffs on PE, propane, PVC as global trade war begins

By John Richardson

IT HAS happened. Don’t say you weren’t told, as I have been warning you to prepare for this since President Trump became president. The president’s decision to impose $50bn worth of tariffs on US imports from China …

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China Polyethylene Strong Q1 Growth Doesn’t Reflect Risks Ahead

By John Richardson

CHINA’S Q1 2018 polypropylene (PP) imports were down by 20% year-on-year as apparent demand (net imports plus local production) rose by just 1% on the steep fall in the availability of lending. Meanwhile, overall polyethylene (PE) imports …

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Petchems Markets To Become Entirely Regional As Trade Barriers Increase

By John Richardson

WHEN Donald Trump held election rallies during 2016, the amount of anger directed at mainstream Democratic Party candidate Hillary Clinton was, as everyone knows, intense. She represented the kind of mainstream politician that many of those who …

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As Global Trade War Moves Closer, Impact On Petchems In 2018-2019

By John Richardson

IT USED to be the case that one week was a long time in politics, but now, because of policy conducted via Twitter and other forms of social media, five minutes seems to be a long time …

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China Innovation Success Versus Failure: Electric Vehicles As Case Study

By John Richardson

WHAT is the best route to innovation? Pure capitalism with a minimum amount of state interference or state-led investment programmes?

The answer is likely to of course vary sector by sector. In some industrial sectors, the capitalist …

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China Overlooked Lending Data Down 64% As Economic Slowdown Continues

By John Richardson

FAR too little attention is still being paid to China’s lending data even though this has long been the key measure of whether its economy is accelerating or slowing down.

In January 2014, lending in China started …

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Polyethylene Margins Face Collapse On Overcapacity

By John Richardson

THE consensus view is that whilst global polyethylene (PE) margins have further to fall from their levels so far in 2018 (see the above chart), they will not get that much worse. It is thought that the …

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US-China Trade Dispute: Pause For Breath Does Not Mean End In Sight

By John Richardson

Confused? You might well be if you’ve read the news reports following the US-China trade meeting in Washington last week.

The immediate threat of a trade war looks as if it has been averted. China’s top envoy …

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