Global energy markets are in turmoil since the invasion of Ukraine by Russia. Crude oil prices especially shot up dramatically only a few days ago but have declined some in the past few days. We can expect the current volatility to continue until the war is over. While the US imports very little from Russia, …
The latest Chinese firm that plans to delist its ADRs from the New York Stock Exchange is the ride-hailing giant Didi Global (DIDI). According to The Wall Street Journal the firm plans to pursue a listing on the Hong Kong Stock Exchange. Didi’s delisting has come just a few months after listing on the NYSE on …
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Coal is still one of the major sources of energy for many countries despite the growth of renewable energy sources. For example, China and India are to of the largest consumers of coal. Rising coal prices in the global market could negatively impact China’s economic growth. Though the country is the world’s largest coal producer, …
Continue reading ‘China’s Energy Composition 2011 To 2020: Chart’ »
Sales of Electric Vehicle are growing in China. In 2020, 1.3 million EVs were sold and policy changes and other factors are bound to drive sales even higher this year and beyond. In this post let’s take a quick look at the market share of EVs among the major players. Some of the top EV …
Continue reading ‘China EV Passenger Vehicle Sales Market Share in 2020’ »
One of the critical factors that companies consider when offshoring manufacturing to China or Mexico is the cost of labor. Labor costs used to be very low a few years ago when China was emerging as the factory floor of the world. That is no longer the case as labor costs there have been increasing …
Continue reading ‘Comparing Manufacturing Labor Costs in China and Mexico’ »