*Joe's infrastructure plan.
China has removed VAT rebates for steel exports and raised export duties on certain steel products.
*Joe's infrastructure plan.
Why did China financed this? shouldn't it be better to have these strategic energy sources produced at home?
Yes I know that gas is plenty in Russia and low in China but it still rubs me in the wrong way
Anyway, at least this will draw Russia further into China's orbit. What can I say, you lose some, you win some
Ok I got mixed up yes It is Hydrogen H2 not HeHydrogen or helium? Both are byproducts of natural gas. But helium is not combustible, so can't be used to run trucks. It is however for useful as a industrial ingredient.
According to this guy, China is now willing to live with higher price increases since it can't control the price.*Joe's infrastructure plan.
@KenC China goldilocks moment? perfect time for China rein in those pandemic stimulus measures and start raising rates?According to this guy, China is now willing to live with higher price increases since it can't control the price.
China manufacturers will then just pass on the price increase to the whole world.
This has the overall effect of inducing higher inflation in the US and impact Biden's infrastructure plan.
China is also affected, but it can live with higher inflation / interest rate, so it seems.
(English subtitle available)
Walled gardens don't work. China probably knows this better than any other country.Why did China financed this? shouldn't it be better to have these strategic energy sources produced at home?
Yes I know that gas is plenty in Russia and low in China but it still rubs me in the wrong way
Anyway, at least this will draw Russia further into China's orbit. What can I say, you lose some, you win some
No, often PPI would decrease and CPI would decrease if the economic and manufacturing activities are soft. Rising PPI means rising commodity and input prices.
Is PPI always that much higher than CPI ?
According to this guy, China is now willing to live with higher price increases since it can't control the price.
China manufacturers will then just pass on the price increase to the whole world.
This has the overall effect of inducing higher inflation in the US and impact Biden's infrastructure plan.
China is also affected, but it can live with higher inflation / interest rate, so it seems.
(English subtitle available)