|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09.05.26 - 00:12
|
Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports (ZeroHedge)
|
|
|
Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports
Yesterday when discussing China's unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait of Hormuz blockade, which throttled the transit of ~10% of global oil and sent physical prices soaring to record highs (especially for Dubai crude), resulting in a windfall for European refiners thanks to soaring gasoline premiums...
... the reaction in China was a mirror image, as already razor-thin independent refiner (teapot) margins plunged to record negative.
The reason for the margin collapse was China's domestic fuel policy: it has long been Beijing's policy to soften price hikes to help shield consumers and avoid social unrest; which while beneficial to end consumers is catastrophic to refiners and proce...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
08.05.26 - 15:42
|
Chinese EV maker Leapmotor taps Stellantis′ Spanish plant for EU production (SCMP)
|
|
|
Leapmotor, one of China's strongest-performing electric vehicle (EV) makers this year, has taken a major step towards building cars locally for European customers after agreeing with shareholder Stellantis to add a line at a Spanish plant previously earmarked for Opel.
The Hangzhou-based company and Stellantis, owner of Peugeot, Fiat and Jeep, would jointly build Opel's new fully electric C-sport utility vehicles (SUVs) and B10 models at the Figueruelas plant in Zaragoza, according to a......
|
|
|
08.05.26 - 15:00
|
How Nvidia′s Corning pact shines light on China′s dominant role in global fibre supply (SCMP)
|
|
|
Chipmaking giant Nvidia's deepening partnership with US fibre optics maker Corning to replace copper links in next-generation rack-scale artificial intelligence systems is shining a spotlight on mainland China's optical communications supply chain.
The domestic optical value chain is also doubling down on AI scenarios, emerging as the global bedrock for the high-capacity components required to power AI infrastructure.
“The global optical fibre and cable market had entered a period of both rising......
|
|
|
|
|
08.05.26 - 13:12
|
Vor Trumps China-Reise - Taiwan billigt Militär-Sonderetat (DPA-AFX)
|
|
|
TAIPEH (dpa-AFX) - Nach monatelangem Streit hat Taiwans Parlament den Sonderhaushalt für die Verteidigung des Landes verabschiedet. Mit ihrer Mehrheit im Legislativ-Yuan setzte die Opposition damit ihren Vorschlag von 780 Milliarden Taiwan-Dollar (derzeit ......
|
|
|
|
|
08.05.26 - 12:36
|
How China′s sharper tech edge forces South Korea to rethink decades of industrial ties (SCMP)
|
|
|
China's rapid technological gains and aggressive pricing are making it increasingly difficult for South Korean firms to find profitable areas of industrial synergy with their Chinese counterparts, according to experts.
Speakers at a recent forum in Beijing urged firms from both countries to pivot towards building more interdependent ecosystems in high-growth sectors such as batteries and artificial intelligence, while also calling for the advancement of negotiations towards an upgraded......
|
|
|
|
Top- News zu China 15735.449 +0.02% (China A50 Kurs)
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
