The Wall Street Journal on China's latest economic data:
"A gauge of new export orders fell in April to its lowest reading since Covid-19 was ravaging the country in 2022, while overall manufacturing activity in China was the weakest in more than a year." The sharp declines reflect both the "bring forward" to beat the US tariffs and the impact of these tariffs. Source: Mo El Erian on X, Macrobond
Only European Investors have been dumping U.S. Stocks 🚨
The rest of the world, including China, are buying 📈📈 Source: Barchart, Goldman Sachs, EPFR
The import charges for many items on Temu (Chinese discount retailer) are higher than the cost of the products themselves.
Source: Charlie Bilello
Container bookings from China to the US are falling sharply ⚠️
Source: Markets & Mayhem, FT
China’s Huawei Technologies is preparing to test its newest and most powerful artificial intelligence (AI) processor
it hopes to replace some higher-end products of US chip giant Nvidia, the Wall Street Journal has reported. Huawei has approached some Chinese tech companies about testing the technical feasibility of the new chip, called the Ascend 910D, the United States newspaper reported Sunday, citing people familiar with the matter. This was part of our "10 surprises 2025": SURPRISE #6 FROM MAG7 TO LAG7 https://lnkd.in/eKXRsc58
SP500 revenue from China are roughly six times US exports to China
From Torsten Slok, Apollo
Trump - Xi Jinping summarized in one chart
Source: Justin Wolfers @JustinWolfers on X
China has accumulated 70% of the world's AI Patents, according the 2025 AI Index Report
America’s share has fallen from roughly 40% in 2010, to 14% in 2023 Source: Visual Capitalist
