china

chinaChina GDP Growth Drops to 6.3%

China is reporting a GDP growth rate of 6.3% and unemployment of about 5.1%. The agricultural production situation is relatively good, and the summer grain has achieved a bumper harvest. The total output of summer grain this year has increased …

batteriesWhat is the Maximum Car Production for Tesla in 2019?

Tesla’s production and delivery of over 95,000 cars in the second quarter is about 7400 cars per week. It now appears that Tesla will get 3,000 cars per week from the Shanghai Gigafactory. Those cars will be delivered within days …

businessUS Restarts Trade Talks With China and Talks With North Korea

Trade talks with China and restarted. There is now a delay in any tariff increases. Huawei is getting some relief. North Korea President Trump became the first sitting President to set foot in North Korea on Sunday as he met …

blue originEurope Tentatively Considers Copying SpaceX While China Has Four Companies Racing to Catchup

Europe has provided 3 million euros in funding for a three year investigation of reusable rockets. This program is not funded to actually build or fly any vehicles. They want to agree on specifics of two designs. Europe is tentatively …

chinaUS Trade Secretary Mnuchin There is a Path to a China Trade Deal

Treasury Secretary Steven Mnuchin told CNBC on Wednesday the U.S. and China were close to a trade deal, and he’s optimistic that progress can be made during weekend talks between President Donald Trump and China’s Xi Jinping. Mnuchin says they …

businessHope For Renewed Talks on China-US Trade Deal

President Xi and President Trump will talk about trade at the G-20 summit in Japan and the trade negotiation teams will restart talks prior to the meeting. This does not mean there will be a deal but there will be …

chinaChina Globalizing Currency But Ten Years From Passing British Pound for Third

Russia and China agreed to develop bilateral trade using the Russian ruble and the Chinese yuan. China-Russia bilateral trade was US$24.2 billion in the first quarter of 2019, according to Chinese customs. This was up 30 percent over the first …

batteriesRural China Buying Millions of $3,000 Slow Electric Cars

Low-speed electric vehicles (LSEV) sold 75% of the unit volume of standard electric vehicles in 2018. About 1.5 million units in China during 2018—equal to about 6% of “conventional” vehicle sales for the year. For a bit of perspective, the …