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@ChinaBeigeBook
"China policy banks provide the biggest pool of public financing for #coal around the 🌍, >$51B since '00...From '90-'18, #China’s coal consumption ⬆️from 1B tons to 4.6B...Past 9 yrs, 🇨🇳coal consumption =larger than rest of 🌍combined"
@NorthropKatrina
https://www.thewirechina.com/2020/09/27/coal-pushers/
“If the argument is we need high-paying #manufacturing jobs bc they fit the skill set of many being left out, thats an argument for deglobalization,” CBBs Scissors tells @nytimes. “We wld have to have some deglobalization for this to work”
@portereduardo
https://www.nytimes.com/2020/09/28/business/economy/biden-trump-made-in-usa.html
QUAD: U.S. Secretary of State Mike Pompeo and foreign ministers Toshimitsu Motegi of Japan, Marise Payne of Australia and Subrahmanyam Jaishankar of India to meet in Tokyo on Oct. 6.
https://s.nikkei.com/33fo5Lf
About Cbb
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China Beige Book provides institutional investors and corporate decision-makers with market leading insights derived directly from our nationwide proprietary data on the Chinese economy.
CBB IN THE News
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Not all of China is recovering from the economic hit from coronavirus at the same rateSeptember 24, 2020
Coronavirus latest: China’s vaccine capacity to reach 610m doses by year’s endSeptember 24, 2020
China’s economy undergoing ‘two very different recoveries’, study that counters official data saysSeptember 23, 2020
Trump’s TikTok deal would only make problems worseSeptember 23, 2020
China’s post-pandemic recovery has severe regional imbalancesSeptember 23, 2020
Trump approves TikTok deal with Oracle, WalMart
Leland Miller calls the new TikTok deal “icky” and thinks giving Oracle a stake in the business is a dicey proposition.