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Economy
Challenges for China’s recycling industry
China has recognized that a circular economy is a precondition for sustainable economic growth and an ecological civilization. The recycling industry is to provide an important basis for this. In the following report, an insight is given into this growing business sector in China, and numerous examples of current developments are provided.
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INEOS’ CEO, Jim Ratcliffe, calls on European politicians to make 11th hour intervention to save Europe’s chemical industry
Sir Jim Ratcliffe, founder and chairman of INEOS, one of the world’s largest chemical companies, has called on Europe’s politicians to make an eleventh-hour intervention to save the chemical industry. In a powerful new interview, Sir Jim says the moment of reckoning has finally arrived for Europe’s chemical industry. It is at a tipping point...
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China’s Provincial Economic Data in H1 2025: Which Regions Are Powering Growth?
China provincial GDP growth data from all 31 mainland regions in H1 2025 provides a detailed view of the country’s economic momentum, revealing both fast-growing provinces and those experiencing slower expansion. The results highlight shifting regional dynamics across sectors such as industry, services, and trade, offering clues to emerging growth engines and potential headwinds as...
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Dow to cut 1,500 jobs in line with US$1 bn cost savings
US materials firm Dow Inc has announced targeted actions to deliver US$1 billion in cost savings. These actions will further reduce the company’s costs in response to ongoing macroeconomic uncertainty, while reinforcing its long-term competitiveness across the economic cycle, it adds.
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Malaysia imposes provisional anti-dumping duties on PET imports from China, Indonesia
The Malaysian government has imposed provisional anti-dumping duties on imports of polyethylene terephthalate (PET) originating from China and Indonesia, following an investigation launched on Aug 9, 2024.
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