China took over another $5 trillion industry, and Europe is moving money and jobs
China dominates the global chemicals industry, and leads the world in chemistry and research. A major driver is China's boom in manufacturing, which requires robust supply chains for chemical inputs, and top chemistry engineering talent. Chinese monopolies in cutting-edge chemical research, and massive production capacities which slash manufacturing costs, mean that China's policymakers can restrict its exports and final use, for example to weapons makers. Top European chemical companies are cutting production lines and jobs in home markets, to build production and create jobs in Mainland China. Closing scene, Xixing Bridge, Hangzhou Resources and links: Charted: China’s Rise to Manufacturing Dominance Over 30 Years https://www.visualcapitalist.com/char... Best Global Universities for Chemistry https://www.usnews.com/education/best... What China’s rise in chemistry means for the rest of the world https://www.nature.com/articles/d4158... BASF launches biggest overseas project in China with green-powered mega-site https://www.scmp.com/business/article... Clariant CEO: China chemicals market bigger than U.S. and Europe combined https://www.cnbc.com/video/2025/11/20... Chemical market overcapacity and weakening demand: a perfect storm https://www.icis.com/explore/resource... How Innovative Is China in the Chemicals Industry? https://itif.org/publications/2024/04... BASF Agricultural Solutions plans to change production network of glufosinate-ammonium https://www.basf.com/global/en/media/... German 'chemical town' fears impact of industrial decline https://www.france24.com/en/live-news... BASF drives forward structural adjustments at the Ludwigshafen site and closes production plants for adipic acid, CDon and CPon https://www.basf.com/global/en/media/... BASF quietly closed 11 factories in Germany and transferred to China for plant investment https://www.echemi.com/cms/1939901.html BASF: 2024 at a Glance https://report.basf.com/2024/en/overv... Clariant to cut 170 jobs after closing Romania plant, downsize German operations https://www.reuters.com/business/clar...
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