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09.12.25 - 02:24
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Rally May Stall For China Stock Market (AFX)
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BEIJING (dpa-AFX) - The China stock market has moved higher in back-to-back sessions, advancing almost 50 points or 1.3 percent along the way. The Shanghai Composite Index now sits just above the ......
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09.12.25 - 02:12
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Saudi Arabia Didn′t Learn Anything From China′s ′Ghost Cities′ (ZeroHedge)
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Saudi Arabia Didn't Learn Anything From China's 'Ghost Cities'
Authored by Stefan Barti via TheDailyEconomy.org,
You can't build a castle on sand, and you can't build a city on assumptions. Saudi Arabia unveiled The Line in January 2021 as a perfect, linear utopia stretching 170 kilometers across the desert. Three years later, the castle is already sinking.
When Crown Prince Mohammed bin Salman announced The Line on January 10, 2021, he promised a radical reimagining of urban life. “We need to transform the concept of a conventional city into that of a futuristic one.”
Tucked into the upper corner of the kingdom's Tabuk province, the city would run like a ruler through the Neom region, housing nine million people, the population of Austria, within just 34 square kilometers, all powered by renewable energy. It imagines a world where every need sits within a five-minute walk, yet one can cross the entire city in twenty minutes. But even in a country wealthy enough to seed rain...
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09.12.25 - 00:24
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Mexico to Hike China Tariffs, Raising Hopes of US Steel Relief (Bloomberg)
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Mexico's Congress is set to vote this week on President Claudia Sheinbaum's proposed tariffs on China, part of a broader plan to shield local producers and ease trade tensions with the US. The move is fueling expectations that it could soon make room for US tariff relief on Mexican steel and aluminum....
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09.12.25 - 00:03
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Nvidia KI-Chip-H200: Donald Trump will Export nach China erlauben (Spiegel)
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Im Wettstreit um KI-Halbleiter hat US-Präsident Donald Trump dem Hersteller Nvidia genehmigt, den KI-Chip H200 nach China zu exportieren. Insidern zufolge ist diese Lösung ein Kompromiss - und dennoch gefährlich... --- Trump sagte weiter, er habe den chinesischen Präsidenten Xi Jinping informiert. Xi habe »positiv reagiert.« Teil des Abkommens mit Nvidia scheint auch erneut eine finanzielle Beteiligung der Regierung zu sein: »25 Prozent gehen an die Vereinigten Staaten«, so Trump...
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09.12.25 - 00:00
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"Xi Responded Positively": NVDA Spikes After Trump Allows H200 Chip Exports To China (ZeroHedge)
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"Xi Responded Positively": NVDA Spikes After Trump Allows H200 Chip Exports To China
Having pumped (and dumped) earlier today on reports that the Trump administration will allow H200 chip exports to China, NVDA shares extending gains the after-hours (to the highs of the day) after President issued a statement on X, confirming he will allow Nvidia to ship its chips to China and noting that "President Xi respondedly positively."
NVDA spiked...
Trump wrote that "I have informed President Xi, of China, that the United States will allow NVIDIA to ship its H200 products to approved customers in China, and other Countries, under conditions that allow for continued strong National Security."
He added that:
"President Xi responded positively!"
At a cost:
"25% will be paid to the United States of America. This policy will support American Jobs, strengthen U.S. Manufacturing, and benefit American Taxpayers."
Trump continued:
"The Biden Administratio...
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