My interview with CNBC in which we discussed the possibility of #Volkswagen closing some of its plants in #Germany, as it struggles to manage both reliance and competition with #China. cnbc.com/video/2024/09/…

Views for CentralBanking.com : "#China’s current #monetary policy is too tight, but the central bank faces significant constraints in easing policy. Real interest rates in China remain high due to deflationary pressures, especially for producer prices. China’s monetary aggregates

#China targets #Canada after raising import tariffs on #EVs produced in China to 100% with anti-discrimination investigation. Countries' toolkit for trade defense is becoming a minefield, including China's. We are entering a full-fledged trade war gov.cn/lianbo/fabu/20…

Meine Ansichten für Handelsblatt: "Die #EU war bereits sehr großzügig gegenüber #China. Die Kommission könne ihre #Zölle nicht weiter reduzieren, weil sie auf den Ergebnissen der Anti-Subventions-Untersuchung beruhten. Sie hat wettbewerbsverzerrende Subventionen in China

Is @China's #green #tech success at risk?: Even for the most successful sector so far (EV batteries), the price war is hurting even the largest: #CatL China will pass on the history of economics as Japan did but for a different reason: #excessive #competition is a course as much

Mon article en français pour l'Opinion: "Pourquoi les véhicules électriques chinois ne peuvent pas délocaliser comme les «oies sauvages» du Japon". lopinion.fr/economie/pourq…

#China's solution to overcapacity has long been #mergers. From #chemicals to #shipping but I never thought it would reach the financial sector #brokerage houses are next. Let's see whether banks will be last. asiafinancial.com/china-starts-m…

#PBoC wil have to ease again cutting reserve requirements (#RRR). The problem is that the risk of a liquidity trap is only growing. If #China ends up there, rate cuts will no longer work. caixinglobal.com/2024-09-06/pbo…

I have a question for The Economist: if it has taken 15 years to fully accept that #China's economic data is flawed and that growth must be lower than the data shows, why would we believe the Economist's recent cover on dominance in #science?. One possibility for this

Watch out for the newest and, probably, most consequential #supply #chain being developed, namely #AI components among #Japan, #Taiwan and the #US. asia.nikkei.com/Business/Tech/…

For Yuen Yuen Ang in his recent article in Project Syndicate , #China's science push is not incompatible with a decelerating economy. As an economist, I doubt China will be able to fund #R&D at the same speed in the future. China's R&D has peaked at 2.2% and I don't expect it to increase

#China’s headline #CPI slightly increased to 0.6%, but #core CPI decreased to 0.3%, falling short of market expectations and confirming #China's poor demand. Financial conditions also point to a lack of demand with total social financing growing at historically low level (below

I agree with #Dragi's point but not fully. According to an empirical analysis we are conducting at Bruegel , the #EU is still as competitive as #China (and close to the #US) on one critical technology, namely #quantum #computing. The problem is that we don't have many

Is red tape strangling Europe’s growth? via Financial Times The answer is a big YES on.ft.com/3ZhcloX

#Xi poniendo presión a Sanchez para que #España vote en contra de las tarifas temporales impuestas por #Comisión a vehículos eléctricos producidos en #China: la Presidenta Von der Leyen lo puede hacer pagar muy caro a España ⁦⁦⁦EL PAÍS España⁩ elpais.com/espana/2024-09…

Taiwan's August exports to the U.S. beats China's record, driven by high-value AI products. Joyce Tseng breaks down the trend with insights from Alicia GarciaHerrero 艾西亞.

Some thoughts for BNN Bloomberg on #oil’s fall: “Anemic demand is part of the equation, not least with the #US economy losing momentum and #China’s deflationary backdrop becoming ever more pronounced. It does point in the direction of the two largest economies in the world. China

Not all of the advances in # semiconductors in #China come from indigenous innovation... #Chip technology has been leaking from # South #Korea *(also #Taiwan). Hard for #US export controls to stop this. asiafinancial.com/korea-nabs-ex-…