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17.03.26 - 00:06
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China′s AI Boom Risks Job Losses, Regulatory Concerns (Bloomberg)
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China's rapid AI expansion is drastically reducing production costs, but this growth is triggering intellectual property disputes and concerns about the labor market. Bloomberg's Minmin Low reports on how Beijing is facing a difficult balancing act: maintaining its global tech edge while preventing possible social unrest caused by mass automation. (Source: Bloomberg)...
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16.03.26 - 22:07
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Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges (ZeroHedge)
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Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges
Tungsten, used in missiles, tank rounds, armor-piercing ammunition, and some smaller-caliber munitions, has surged in price over the last year as China curbed exports and global supplies tightened.
This is a major concern, as multi-front conflicts - from the Middle East to Eastern Europe - are depleting interceptor missile supplies.
Bloomberg cites new data from commodity price reporting agency Fastmarkets showing tungsten prices have surged to $2,250 per metric ton this month, up 557% since Beijing added certain tungsten products to its export control list in February of last year.
"In my 12 years working across the commodity space and dealing with a lot of weird and wonderful metals, I have never seen a market as tight as tungsten is right now, aside from maybe lithium in 2021," George Heppel, vice president of commodity research, told Bloomberg.
He warned, "This isn't like lithium, where there was a huge pipeline ...
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16.03.26 - 18:16
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Leavitt: Trump meeting with China′s Xi not in jeopardy over Iran (The Hill)
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White House Press Secretary Karoline Leavitt said Sunday an upcoming meeting between President Trump and Chinese President Xi Jinping is not “in jeopardy,” but she acknowledged it could be rescheduled amid the U.S.-Israeli war with Iran. “I don't think the meeting is in jeopardy, but it's quite possible the meeting could be delayed,” Leavitt said......
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16.03.26 - 16:02
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US-China trade talks open in Paris, paving the way for Trump-Xi summit (The Hill)
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BEIJING (AP) — Representatives from Beijing and Washington began their economic and trade talks in Paris on Sunday, paving the way for U.S. President Donald Trump's state visit to Beijing to meet Chinese leader Xi Jinping in about two weeks. The delegations, led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng,......
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16.03.26 - 15:36
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Chinese-owned Syngenta to build new £100m bioscience hub in UK (The Guardian)
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The company will open a research centre in Berkshire, in a move hailed by UK government as 'clear' vote of confidenceSyngenta is to build a new £100m research centre for agricultural bioscience, a move hailed by the government as a vote of confidence in the UK's science base.The Chinese-owned company, one of the biggest agrichemical groups in the world, will open the centreat its Jealott's Hill site in Berkshire to host hundreds of scientists. Continue reading......
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