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24.11.25 - 00:36
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China′s AI stock rally has room to run as valuations lag US giants: Goldman (SCMP)
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The artificial intelligence-led stock rally in China is far from a bubble, as the nation's technology firms still have room to expand valuations and earnings through their focus on applications, according to Goldman Sachs' chief China equity strategist.
China's approach to investing more capital in AI applications as opposed to the US strategy of focusing on computing power gave investors “comfort that its AI monetisation capability could be better, at least in the short term”, Kinger Lau said......
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24.11.25 - 00:12
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China′s Grip on Copper Sets Scene for Make-or-Break Supply Talks (Bloomberg)
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A pricing mechanism underpinning the global copper-processing industry faces a major stress test this week, with negotiations coming to a head at a time when geopolitical tensions are running high, metal is limited and China's dominance has left smelters elsewhere struggling to survive....
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23.11.25 - 14:30
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UK launches critical minerals strategy to reduce dependency on China (The Guardian)
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Standoff between China and EU over supply of chips for car industry underlines value of sector requiring huge financial investmentKeir Starmer has announced a critical minerals and rare earths strategy to build resilience against China, which has a stranglehold on supplies of materials including magnets critical to everything from car doors to fridges.“For too long, Britain has been dependent on a handful of overseas suppliers, leaving our economy and national security exposed to global shocks,” the prime minister said. Continue reading......
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23.11.25 - 12:12
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China has brought millions out of poverty. The US has not – by choice (The Guardian)
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Despite the US's economic success, income inequality remains breathtaking. But this is no glitch – it's the systemThe Chinese did rather well in the age of globalization. In 1990, 943 million people there lived on less than $3 a day measured in 2021 dollars – 83% of the population, according to the World Bank. By 2019, the number was brought down to zero. Unfortunately, the United States was not as successful. More than 4 million Americans – 1.25% of the population – must make ends meet with less than $3 a day, more than three times as many as 35 years ago.The data is not super consistent with the narrative of the US's inexorable success. Sure, American productivity has zoomed ahead of that of its European peers. Only a handful of countries manage to produce more stuff per hour of work. And artificial intelligence now promises to put the United States that much further ahead. Continue reading......
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23.11.25 - 11:54
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Chinas Großprojekte: Mit KI durch den Felsen (Sueddeutsche)
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China setzt beim Bau eines neuen Tunnels für seine Hochgeschwindigkeitszüge erstmals rein auf eine künstliche Intelligenz, die vorgibt, wo gebohrt und wo gesprengt wird. Das Projekt gilt als Vorbote einer neuen Bauweise....
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23.11.25 - 04:06
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Sellers hope superstition can sell homes in China′s depressed market (SCMP)
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For homeowners in mainland China, selling a property has become so difficult that some are turning to xuanxue, a neo-Taoist philosophy that has morphed into internet slang for any superstitious ritual meant to enhance luck, from feng shui tweaks to cyber talismans.
Praying in temples, buying 'quick-sale' talismans, or simply writing the word “sold” on a piece of red paper are just a few examples.
When a homeowner in Shanghai recently claimed on social media that she found a buyer after praying......
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