Bulk Distributor May/Jun 16 - Page 4

4 BULKDISTRIBUTOR China May/June 2016 China is still central to chemicals markets T he global chemical industry still looks likely to have China at its core. Despite the potential in other emerging market countries like India and Brazil, unpredictable legal and tax regimes there will continue to leave investors wary of committing huge capital sums in those countries, according to consultancy KPMG. The firm says western chemical companies will continue to enjoy a large market to sell products in China despite the country’s economic shift towards more service- and consumer-based sectors. China’s economy is certainly transitioning from one based on heavy industry and exports, to a focus on services and innovation. But while headlines might s rV6֖2w&wF7FƖrFRf7@VFb66FVW2Fw&rBVF&FW2B7@'FFǒFRF76&R6RbFRfW&vR6W6R6FVআ27&V6VB( 627Fw&vrB&WBrW&6VBV"( 6BV&6~( 2TVBb6V֖62Bv&4f 6V֖62BW&f&6RFV6vW2( vW&RV6RFRv&@&RRvrFvWBrW&6VBw&wF( Ф6W6R67VW'2&RFRrv&N( 2&vvW7B6fW'2&FpfW"CW&6VBbFV"6RV6V"'WBFW6vB&vvW 6'2&WGFW"gW&GW&RBvVW&ǒ67VR&R2&W7VB6( 2FW7F267VF2f&V67BF6FVR&6rBfW&vRb2W&6VBV"VFFRVBbFRFV6FRvW7FW&6V֖66W2v6FVR&vR&WB6FW7FRFR6gBFv&G0&R6W'f6RB67VW"&6VB6V7F'0FVWBF27&V6rFVB6W6R6W2&R6FVpFfW7Bw&VVfVB&VfW&W2B&VfW'Ww&FW26VVFpFV"6F2FR&vW7B&VfW"6fW"3Wr&VfW'&V7G2fR&VVV6VBBV&W"b&VfW'W60fR6V6VB&W6rV&W"bVff6VB&VfrVG0v6&R&Vr6WBFvvFF2fW7FVB&VfW'WFƗ6Fআ27FVFǒ7&V6VBvF6( 2FF&Vfr66GW7FFV@Bb֖Ɩ'BF22FRFVFFvVW&FRw&VFW FVBf"&VfVB&GV7Bv7F72V&ƖW"F2V"VV'VF2b&Fw&WBRbFR&W7@&W7V7FVBǗ7G2b7'VFRB&VfVB&GV7BV6֖72WFƖVBFRG&6f&Fb6( 2&Vfr6V7F"BFRVGG2WW&V7F&vR6fW&V6R7FW&FFRFW&W7Fr6vR62FR&GV7B֗6R6BFW6V7FF֖FW2FR&VfVB&GV7G2&WB66VFrf"CW&6VBb&GV7F'WBvFFR7G'V7GW&6vFv֖rVgGW7G'B67G'V7F67VFbFW6V0FV6ƖVB6vf6Fǒ62rWBW'FW"bv6FW6VB2rF6FVRrF2Fw&wFFR6"VF7&V6PFR6Rb6'2W&66VBBFRF7F6RFRfW&vR6W6PG&fW"rG&fV2fR6G&'WFVBF6FVVBw&wFv6ƖR6W2FRFW7Bf"6W6R&VfW'22rvƖrB&PFW&RFFW7BFV"&GV7B֗FVWBF2WffrFVBFR6VG'2w&vrWGv&bFWVFVB&VfW'2v2( FVG>( v6FW7FRFRFW&66VBf"fW"#W&6VBb6( 2&Vfr66GFW6R&fFVǒvVB&VfW&W066VG&FVBrFR'FV7B67BbFR6VG'w&Wrg&ЦV&R&Vvw22FR6W6RF6W2Bǒ'Fr7'VFRFRFVG266W72FfVVG7F6v2&W7G&7FVB7F&6ǒFW6R&VfW&W2&6W76VBvFWfW"FW6VBvWBFV"G2v626VVFVWffRFfW&P&VfW'2vF6VW"W&Fr67G2FFV"V6&vW 6WFF'2B6vf6B6G&'WF'2FFR6V6גFW6RFVB&VfW'2fR&VV667FVFǒ&W77W&r&VrFrFVF'B&vW"VG2b7'VFRF&V7Fǒ&VV7F@FfƖ7B6V6֖2FvR&Vrw&FVBF&V7B'B&vG0FV6V&W"#RfW&vBFVB&VfW&W2v6vW&PW&FrB3RW&6VBWFƗ6FGVRF&W7G&7FVBfVVG7F62fVBV6ǒF6W&6RFW&F7'VFRF&V7Fǒ&VfW'WFƗ6F2WV7FVBF7&V6RFSRW&6VBb66GFPV"FW&B6RǗ7G27VvvW7BFBFRFVG2R6V@vVW&FRFVBf"֖Ɩ'Bb7'VFRFRFVB&VfW&W2fRG&FFǒ&VV&VƖB( F'G( gVVgFV&VFVB6v&R2fVVG7F6'VF2WVBࠤg&VVrW&vR'G2b6( 2FW&F77FVvVBVB&r&VVfG2f"FR6VG'( 0G&7'BWGv&