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27.06.26 - 15:12
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China′s industrial profit growth slows for first time in 6 months as weak domestic demand bites (Times of India)
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China's industrial profit growth saw a dip in May, despite robust exports and rising factory prices. This slowdown, the first in six months, highlights persistent weak domestic demand and sluggish investment. While global AI trends and energy market disruptions offered some support, they weren't enough to overcome internal economic pressures. Companies in certain sectors continue to face challenges, indicating an ongoing imbalance between supply and demand within the country....
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27.06.26 - 14:18
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Why Krugman Thinks We Need Chinese Auto Tariffs (Bloomberg)
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As the United States, Canada, and Mexico prepare to renegotiate the USMCA trade deal, one industry sits squarely at the center of the debate: automobiles. Companies like Linamar depend on highly integrated supply chains that send components across borders multiple times before a vehicle is completed. Nobel laureate Paul Krugman argues that competition from China demands some trade barriers, while Council on Foreign Relations expert Shannon O'Neil says the region's manufacturing strength depends on cross-border production. Supporters of the agreement warn that uncertainty poses the biggest risk to investment, jobs, and the future of a trade relationship that supports over a trillion dollars in annual commerce. (Source: Bloomberg)...
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26.06.26 - 18:06
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Boeing Wins Jet Deal From China Southern Valued at $3.62B (Bloomberg)
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Boeing Co. secured an order from China Southern Airlines Co. valued at $3.62 billion, marking an important win for the US manufacturer after seeing orders dry up from Asia's largest aviation market in the past decade.
George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses the deal and what it means for Boeing. (Source: Bloomberg)...
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