China slowdown to hit Australia's resources export earnings
Monday, 2 October 2023 Australia's resources and energy exports are expected to decline in the next two years due to weakening global demand, especially from China. The country's commodity export earnings are forecasted to fall to A$400 billion in 2023/24 and A$352 billion by 2024/25. Slower growth in China's property sector will lower demand for steel, impacting iron ore exports.
US-China , Trade War Escalates, , Potentially Driving Up EV Prices.
Prices for electric vehicles (EVs) in the United States may surge higher as a result of China's new export controls
on graphite, an..
Credit: Wibbitz Top Stories Duration: 01:31Published
US Curbs Export , of More AI Chips to China.
On Oct. 17, the U.S. Department of Commerce said
it intends to prevent China from buying more of America's advanced AI chips in the coming weeks. .
The..
Credit: Wibbitz Top Stories Duration: 01:30Published
Monday, 2 October 2023
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