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12.07.25 - 05:33
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China Reports Worst Producer Deflation In 2 Years Amid Ongoing Trade Uncertainty (ZeroHedge)
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China Reports Worst Producer Deflation In 2 Years Amid Ongoing Trade Uncertainty
Authored by Lily Zhou via The Epoch Times (emphasis ours),
China's factory-gate prices in June saw the biggest fall in two years amid uncertainty in international trade and weak domestic demand.
A worker moves pieces of steel machinery at a manufacturing company in Hangzhou, Zhejiang Province, China, on June 16, 2025. AFP via Getty Images
According to figures released on July 9 by China's National Bureau of Statistics, the producer price index for industrial products in June fell by 3.6 percent compared with the same month in 2024—worse than a 3.3 percent drop in May, and the biggest annual decline since July 2023.
The month's purchasing price index for industrial products fell by 4.3 percent year over year, bigger than the 3.6 percent drop in May, and the sharpest decline since August 2023.
According to Dong Lijuan, statistician at the National Bureau of Statistics, the producer price index deflation in June...
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12.07.25 - 04:57
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"So etwas noch nie gesehen": Trump besucht Hochwassergebiet in Texas (N-TV)
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Seit einer Woche kämpft Texas mit den Folgen der tödlichen Sturzflut in Kerr County. Nun stattet der US-Präsident der Region einen Besuch ab, um Trost zu spenden und seine Betroffenheit auszudrücken. Verantwortung für schleppende Katastrophenhilfe oder mangelnde Warnungen weist Trump zurück....
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12.07.25 - 04:36
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No-fly zone: what brought about China′s largest power bank scandal (SCMP)
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Chinese manufacturers of power banks – the ubiquitous portable batteries used by travellers to charge smartphones, tablets and laptops – are under increased public scrutiny, following a spate of incidents in which defective units were found to have caught fire during commercial flights.
That prompted the Civil Aviation Administration of China (CAAC) to impose an emergency ban on air passengers carrying substandard power banks, a safety precaution that went into effect on June 28.
Portable......
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12.07.25 - 04:33
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US-Präsident Trump besucht Flutgebiet in Texas (Tagesschau)
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US-Präsident Trump hat erstmals die vor rund einer Woche von einer Flutkatastrophe heimgesuchte Region in Texas besucht. Währenddessen häuft sich die Kritik an den Behörden. Das Weiße Haus weist jede Verantwortung zurück....
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12.07.25 - 04:06
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Chinese biotech firms eye foreign pharma′s fat profits in weight loss drug market (SCMP)
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When Hong Kong office worker W.K. Chan began putting on weight as a teenager, her doctor said it was due to hormonal imbalances that slowed her metabolism. She reached a peak weight of 100kg about a year ago, but has since lost 25kg.
The secret to losing a quarter of her weight? Chan, who asked not to be identified by her full name, was one of the city's first 200 chronic obesity patients to receive access to a new weight loss drug, originally developed for diabetes. At a cost of HK$2,700......
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