2024 OCTOBER ISSUE
MARKET REPORT
SHORT READ
| PART 2
Contents:
A Look Into The Shipping Industry
Lithium Mines Reacting to Market
More on Carbon Pricing
The Race for Clean Energy Using Nuclear Fusion
Carbon Capture Scheme Has a Lot of Loopholes
Warning of a Trade War May Happen in Europe
China is Introducing its “Unreliable Entities” to the Western World
Autonomous Driving Start-Up from China
More on the Closing of Trade Loophole
German Economy and Volkswagen
TCMS Encounters Obstacles in the US
New Attempts of Temu by Introducing Semi-Managed Business Model
Challenges Ahead of the Christmas Season
China and Its Rare Earths
Written by Andrew Sia
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From the Desk of the Publisher
In this writeup we have noticed that the global shipbuilding industry is led by China and followed closely by South Korea. The U.S. used to lead the international market in the 1960s but today it is holding less than 1% of the total production. It is strictly restricted to naval vessels due to national security concern.
Then we reported the threat of the trade war between the European Union and China and this was due to the surge of electric vehicle production from China. BVD, the world’s largest EV producer has already led the production and drove all other automakers out of competition.
The de minimis policy in the U.S. and the Europe’s exemption of import duty on small amount parcels would likely to happen and would damage China’s export business.
We have to know that China is still being restricted to have access to advanced technologies.
We noticed that China overtook Germany as the biggest exporter for machinery and equipment, and it produced more industrial machinery than the U.S., Germany and Japan together.
China is leading the mining and processing of rare earths in antimony and lithium.
With all these trade disputes, China has accused the Western world on the other hand for discrimination, and announced their use of its “unreliable entities” for those companies who have accused for their unreasonable accusations.
