Xi’s Reply to Trump Tariffs Shows China Has More to Lose - Bloomberg
https://lnkd.in/ez4qCpZa Source: Bloomberg thru C.Barraud
BREAKING: China has opened antitrust investigations into Nvidia and Google just hours after imposing 10%-15% tariffs on some US imports, per FT.
China is reportedly looking for new trade war leverage against President Trump. Source: FT
Visualizing the Rise in Global Coal Consumption ⚡️
Source: Elements
Apple Slides After iPhone Sales Miss, China Revenues Unexpectedly Tumble
The one - very big - fly in the ointment was the usual suspect: China, where revenues unexpectedly tumbled, sliding a whopping 11%, and badly missing estimates of a $21.57BN print Greater China rev. $18.51 billion, -11% y/y, estimate $21.57 billion Source: zerohedge.com
Chinese debt pile is GIGANTIC: China's total debt to GDP rose to a RECORD of ~370%.
The share has DOUBLED over the last 14 years. This does not include shadow banking (outside traditional banking sector). China has a massive debt problem and it will not go away soon. Source: Apollo, Bloomberg, Global Markets Investor
DEEPSEEK OVERTAKES CHATGPT IN APP STORE RANKINGS IN THE U.S.
👉 Chinese AI platform DeepSeek has reportedly surpassed OpenAI’s ChatGPT on Apple’s App Store rankings just a week after launch. 👉DeepSeek popularity stems from its competitive pricing, and its superior performance, reportedly achieving a higher success rate in coding tasks and outpacing OpenAI in benchmarks. Source: @spectatorindex MoneyControl thru Mario Nawfal on X
🚨 Goldman Asks If China's DeepSeek is AI's Sputnik Moment 🚨
You've heard of DeepSeek's R1. But have you heard of Bytedance's Doubao-1.5 or Moonshot's Kimi k1.5? The race to the price bottom is just starting and nobody does it like China. Still, we need to keep in mind that LLM commoditization was inevitable, but the Mag 7 are focused on the Artificial general intelligence (AGI) endgame -- building trust, infrastructure & ecosystems that China can’t match. It might just end up being noise - not a real game changer. Source. www.zerohedge.com, Goldman Sachs
China is, by far, the largest exporter.
Source: Jason Smith @ShangguanJiewen on X
