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D W
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Comments by "D W" (@DW-op7ly) on "Sky News" channel.
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@SawSaw-zd1cy Ford receives $9.2 billion government loan for EV battery factory projects / The eye-popping sum represents the biggest government investment in the auto industry since the bailouts from the Great Recession. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Jun 22, 2023 TheVerge
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Dr.Kay_R China does not need foreign investment That FDI will only cause more bubbles
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@ordinaryclass8508 India has a 100 billion dollar a year trade deficit with China
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China exports are up 7% first few months of 2024 And the last two years they have averaged 820 billion surplus a year with the world
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Most western countries try to block Chinese EVs put tariffs on them or are looking to raise tariffs on them to be able to allow their own car companies compete
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Petro dollar and world reserve currency status Protected by the best military in the world And massive amount of external sovereign debt But even with all that sooner or later the USA won’t be able to finance that debt
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China exports are up 7% first few months of 2024 And the last two years they have averaged 820 billion surplus a year with the world The USA has to borrow 1 trillion every 100 days And has a 950 billion dollar trade deficit with the world As their trade with China goes down
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Chinese don’t care they are not selling EV cars in the US market But are still the number 1 car exporter in the world these days While EV sales in China are expected to jump up by 18.5% this year And world wide EV sales are expected to jump up by 30% per his year
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Back in the late 80s tasked to research China as an investment destination. I stumbled upon the fact that China had a “Go Out Policy” Their people and companies were already going to areas like SE Asia where they dominate the economies of these countries and those countries are dependent on the Chinese economy Even these last few years as China has invested trillions in their belt and road partner countries China exports are up 7.1% for the first few months of 2024 And it still has a 820 billion plus dollar a year trade surplus with the world the last 2 years Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 — Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts
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Trump’s newest business partner: A Chinese firm with a history of SEC investigations Shanghai-based Arc Capital, an investment firm that has been the target of probes by securities regulators, is at the center of the deal to take Trump’s media venture public. By Douglas MacMillan and Jonathan O'Connell December 23, 2021 at 11:25 a.m. EST WAPO
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