Episode 1247: Think Tank: Chemical companies need to plan now for scenario of flat or negative GDP growth in China

With some economists now forecasting a recession in China, chemicals executives should analyze the possible impact on their businesses. -          China’s economy at a turning point, possibility of recession in 2025-          New government stimulus measures announced today-          Lack of domestic demand makes China reliant on export-driven growth-          Other markets increasingly resistant to Chinese exports, put up trade barriers-          Further slowing of China’s economy will increase global overcapacity pressure-          Chemical companies need to plan for scenario of stagnant China economy