IHS Chemical Week

EnviroTech :: Regulatory :: Regulatory: REACH

China Well and Truly Stimulated, but for How Long?

10:08 AM MDT | September 17, 2009 | Lyn Tattum in Shanghai

A general sense of optimism characterized the Chemical Week 6th annual CEO China Roundtable held on September 16, 2009 in Shanghai. China has benefited from a huge government economic stimulus, implemented swiftly in the second quarter 2009. The day after it was announced chemical companies have felt the benefit. Increased spending has filtered through to the automotive and construction sectors in particular, with loans in the first half of 2009 exceeding those of 2007 and 2008 combined. The danger of course is that too much ‘hot money’ could cause...

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