As Tesla (NASDAQ:TSLA) prepared to begin deliveries in China in 2014, management was particularly bullish on the market. Indeed, Tesla’s former China operations chief Veronica Wu estimated sales in the country would quickly grow to represent a third of the automaker’s deliveries globally. But Tesla’s initial predictions for the market proved to be far too optimistic. Sales in the....More>>>
source: Turquoise Hill website
For some time the share price of Turquoise Hill (TRQ) has been floundering around, as demand for copper has been restrained, as well as gold, which is the secondary metal it mines for.
That combination has keep the share price of the miner at a little over $3.00 per share for some time. That appears to have changed as the price of copper appears to have....More>>>
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For the first time ever, one bitcoin is worth more than an ounce of gold. According to a CNNMoney....More>>>
An important change in the underlying ownership of the U.S. bond market has so far gotten short shrift.
Among the biggest buyers of U.S. debt, China has garnered the most attention, but economists at Jefferies say that whats less appreciated is how Europe has shown an insatiable appetite for U.S. bonds.
As of the end of last year, euro area holdings of U.S. debt securities far surpassed....More>>>
Volkswagen AG’s world-leading development budget is shifting into overdrive, bolstered by spending at its Chinese joint ventures as the German carmaker seeks an edge in producing electric, self-driving autos.
The partnerships’ technology investments in the next five years will total 15 billion euros ($18 billion), Jochem Heizmann, head of Volkswagen’s business in China,....More>>>
China desperately needs the China-Pakistan Economic Corridor (CPEC). It’s part of that nation’s vision to write the rules of the next stage of globalization and help its export and investment engines grow for years to come—a good prospect for investors in Chinese equities, which have been lagging behind of those of neighboring India.
The U.S. and China have announced the initial steps in their 100-day action plan of the Comprehensive Economic Dialogue, inviting Chinese companies to negotiate long-term contracts for liquefied natural gas shipments from U.S. suppliers. This is a really big deal. — “U.S. Liquefied Natural Gas To China Is A Game-Changer,” Jude Clemente, Forbes, May 2017
Over the last two....More>>>
A few years ago Boston Consulting Group published a report that found five types of luxury consumers.
The report looked at the spending habits of these five types in six luxury markets the U.S., Brazil, China, Japan, Russia and Europe. What they found was interesting.
5 Types of Luxury Consumers
The Aspirationals: Aspirationals have $85,000 or more in annual income in developed....More>>>
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If the current pace is maintained for the rest of this....More>>>
The big surprise in China’s economic growth data is how regularly it surprises economists, and typically it’s by the slimmest of margins.
The magic number seems to be 0.1 percent, with the median estimate for quarterly GDP missing the mark by that magnitude in 10 of the past 16 quarters.
Thursday’s report delivered fourth-quarter expansion of 6.8 percent —....More>>>