China’s plastics boom set to create another source of trade tensions as the country's petrochemicals sector keeps expanding despite weaker demand ( www.straitstimes.com )

Asterix78 , 3 months ago

So they are going to sell cheap resin and hope other resin factories shutdown in higher wage countries so that everyone meeds to get resin from china like how they did with batteries/resources

jamyang , 3 months ago

They did that with mobiles too, released extremely cheap smartphones at first, then after cornering the market, jacked up their prices. Now, the entire industry runs from China.

Asterix78 , 2 months ago

They will keep doing that with a lot of stuff.
Look at electric cars for example sell them cheap in other markets to get marked share and force other company's out.