China: Growth Engine Slows, but Investor Confidence Stays Intact

China has been the main engine of growth for the global economy and chemical industry during the past decade. But slower economic growth in China this year is softening domestic demand for chemicals. The slowdown has had a serious impact on the chemical industry in China and overseas, and has weakened the financial performances of chemical companies worldwide. Chemical multinationals nevertheless see significant medium- and long-term opportunities in the Chinese market, and continue to expand their business and investments in the country. Pang: 2012 weak but...

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