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26.04.26 - 01:30
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China′s Tianqi Lithium to favour domestic salt lakes over Africa amid resource nationalism (SCMP)
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Amid geopolitical tensions, China's Tianqi Lithium has decided to skip Africa and will stick to domestic salt lakes to secure the supply of a battery mineral, according to its president Frank Ha Chun-shing.
The move comes as the oil shock stemming from Middle Eastern conflicts is driving up global demand for electric vehicles (EVs) and battery energy storage systems (BESSs).
Lithium, which can be extracted from hard rock and salt flat brines, can be processed into lithium carbonate, a raw......
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25.04.26 - 16:12
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Inside the shocking rise of BYD, China′s top EV maker (Bloomberg)
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In just a few years China has become the world's largest car exporter, and electric vehicle-maker BYD is leading the way; it's now the top-selling EV producer globally, overtaking Tesla and expanding into Europe and beyond. Bloomberg's Tom Mackenzie reports from Paris, where BYD unveiled its latest luxury EV: the Denza Z9GT. He speaks with BYD Group Executive Vice President Stella Li and Alfredo Altavilla, BYD's Special Adviser for Europe, about the company's rapid rise, its technological edge, and the growing pressure on legacy automakers. (Source: Bloomberg)...
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25.04.26 - 14:51
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Global Inflation Scare: Chinese Exporters Hike Prices As Iran War Triggers Ethane Shortage, Plastics Crunch (ZeroHedge)
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Global Inflation Scare: Chinese Exporters Hike Prices As Iran War Triggers Ethane Shortage, Plastics Crunch
Chinese exporters are finally passing on the pain - right as they're experiencing a major shortage of a key industrial material. After years of cutting prices amid overcapacity and cutthroat competition, manufacturers are now raising prices on everything from swimsuits and ski suits to medical syringes and air conditioners. The culprit: the Iran war's energy shock, which has sent oil-linked input costs skyrocketing and is now rippling straight through to global store shelves.
Customs data compiled by Trade Data Monitor and analyzed by Bloomberg reveal sharp year-on-year price jumps in March across more than a dozen categories of household goods - the first sustained reversal in a disinflationary trend that had helped keep a lid on inflation from the U.S. to Europe for nearly three years.
"I held off raising prices for as long as I could in March, but in the end I had no choice,&qu...
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25.04.26 - 12:54
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Zum Erfolg verdonnert: Chinas Autobauer suchen ihr Heil im Export (N-TV)
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Chinas E-Auto-Hersteller drängen mit Macht auf die Weltmärkte - nicht nur aus Stärke, sondern auch aus Not. Ein jahrelanger Preiskrieg und massive Überkapazitäten haben den heimischen Markt ausgereizt. Für westliche Hersteller wie Volkswagen wird der Wettbewerb härter....
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