[ad_1] In a sign of how stretched capacity is globally, BYD has retrofitted a ship previously used to move pulp to make it capable of carrying cars to South America.…
Tag: Chinese economy
India’s economy set to eclipse China, U.S. by 2080
[ad_1] India’s sustained GDP growth rally will produce an average 6.5% economic growth rate from 2024 to 2028, thereby outshining Japan and Germany to become the world’s third-largest economy by…
Chinese exports to US decline; India, Mexico, Vietnam compensate
[ad_1] Exports from China to the US have contracted in the past five years. Major emerging markets like Mexico (+$111 billion), Vietnam (+ $78 billion) and India (+ $31 billion)…
Biden-Xi meeting: These are the biggest takeaways
[ad_1] The leaders of the world’s largest economies left with friendly words and a set of agreements after their highly anticipated meeting. [ad_2] Source link
Eurozone on the brink of recession
[ad_1] A closely-watched survey of Chinese economic activity showed the country’s manufacturing sector shrank unexpectedly in October, raising fears about the health of the world’s second largest economy. Capital Economics…
Red alert for the EV market: China curbs graphite export
[ad_1] China is the world’s top graphite producer and the raw material is essential for EV batteries. ADVERTISEMENT China will bring in requirements for export permits for some graphite products…
China’s economy grew by 4.9% but its outlook is still gloomy
[ad_1] The world’s second-largest economy expanded by 4.9% year on year in the third quarter, beating analysts’ forecasts but showing signs of slowing down. ADVERTISEMENT The Chinese economy showed a…
World Bank slashes China growth forecast for next year
[ad_1] The world’s second-biggest economy hasn’t grown so slowly since 1990, aside from the pandemic years. ADVERTISEMENT The World Bank is predicting a growth rate of 5.1% for China’s economy…
China’s Evergrande chairman placed under police surveillance
[ad_1] Chairman of China’s Evergrande has been placed under police surveillance as the company faces mounting debt and possible liquidation. The chairman of China Evergrande Group, Hui Ka Yan, has…