Merz calls for rebalancing of Germany’s ‘unhealthy’ trade ties with China – POLITICO
In advance of Merz’s trip, some German business leaders called on the chancellor to take a harder line…
#NewsBeep #News #Headlines #China #Companies #competition #Currency #Dumping/Duties #exports #FriedrichMerz #Germanpolitics #Germany #Manufacturing #Overcapacity #Russia #Trade #Ukraine #War #World #XiJinping
https://www.newsbeep.com/408779/
https://www.ft.com/content/2f3d6fbd-22aa-4ca7-9fbe-e6e2a45ced09
Need to take FULL ADVANTAGE of #China #overcapacity in #manufacturing #solar #batteries #EV to get rid of #oil #gas #coal #cars while also doing #efficiency #walk #bike #bus #train
It is batshit insane to do otherwise for whatever shitty parochial reasons #EU #US #industry keeps throwing up.
US demands digital concessions in return for EU steel tariff relief – POLITICO
That trade deal, which President Donald Trump and European Commission President Ursula von der Leyen clinched …
#NewsBeep #News #Headlines #Aluminum #ArtificialIntelligence #China #Data #dataprotection #DonaldTrump #HennaVirkkunen #investment #LarsLokkeRasmussen #MarošŠefčovič #Omnibus #Overcapacity #Regulation #Scotland #Steel #tariffs #Trade #UnitedStates #UrsulavonderLeyen #Us #USA
https://www.newsbeep.com/270235/
I'm watching videos on China's economy nearly obsessively... and this one is a very good overview that chimes with most of the other sources.
China's progress in the last decades has been impressive, but the CCP maneuvered China into a corner. Paired with a system that doesn't pivot easily or allow discussions or the real situation, a bleak outlook is IMO accurate.
https://www.youtube.com/watch?v=ptOjscoNz9M
#China #Economics #ChineseEconomy #CN #Involution #Overcapacity #CCP