By John Richardson AN assumption is that economic reformers will win control of China’s Politburo after the once-in-a-decade leadership transition is out of the way (China’s new set of leaders are set to be announced during the 18th Party Congress, which begins on 8 November). The blog believes that this assumption needs to be rigorously challenged, […]
Asian Chemical Connections
Chemicals Demand Shift Will Not Be Smooth
By John Richardson ADIDAS recently announced that it is to close its only directly-owned sportwear factory in China. Many other similar factories could shut if Beijing sticks to its 12th Five-Year-Plan (2011-2015) promise to move up the industrial value chain. The Adidas decision is driven by rising labour costs, which are partly government policy designed to […]
China Politics
In the last of our series of blog posts on some of the major challenges facing China’s economy over the next 12-18 months, we look at politics. By John Richardson THE outcome of the battle over China’s economic direction is, of course, of crucial importance to the world economy. It would be comforting […]
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