TOPIC: Globalisation » Economy » Industry » Chemicals
Category
articles
Date
2012-01-30
Actor
Boswell, Clay
Source
ICIS
Uploaded date
2012-02-12
Uploaded by

China's Coal-based Chemicals Are a Trade-off

"Often called a "pillar" of the Chinese economy, textile manufacturing rises from a foundation that is not entirely within the country's control chemical feedstocks. China's major resource advantage is inexpensive skilled labor, not raw materials, and it must procure huge volumes of chemical intermediates abroad because it has too little petroleum and natural gas to make them at home." (Quoted from article)

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