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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

New Delhi: China is expected to amplify its stimulus efforts next year, potentially boosting demand for metals, with copper consumption forecasted to rise, the Commodity Outlook Report 2024 by ICICIDirect said in a report.

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ABB launches first DC fast charger compliant with Chinese GB standard

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ABB launched Terra 53 Z, its first high power DC fast charger that complies with the Chinese GB standard. In addition to launching the Chinese DC fast chargers, ABB has decided to install electric vehicle charging equipment at selected offices in Shanghai and Shenzhen to facilitate charging for local staff who drive electric vehicles.

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BYD sells 18,220 EVs in China in November, up 128% year-on-year

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Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% The market began to recover in the second quarter, supported by government stimulus measures to encourage the use and purchases of such vehicles, notes Argus Media. from October and by 127.8% from a year earlier. on the year.

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

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Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

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However, Chinese emissions have increased more than the economic growth. Although the stimulus package from the Chinese government in 2008 was said to have a green focus, even construction of windmills is a relatively emission intensive activity, at least in the short run Peters said. China also has a large export sector.

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Argus: China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices; rising magnet demand

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Chinese medium and heavy rare earths producer Southern Rare Earth has continued to raise its weekly prices for terbium, holmium, gadolinium and dysprosium, supported by a shortage of spot supplies and firmer magnet demand, according to Argus. in 2019.

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Platts Report: China oil demand rises 2.9% in October from year ago, YTD up 2%

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million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. Platts calculates China’s apparent or implied oil demand on the basis of crude throughput volumes at the domestic refineries and net oil product imports, as reported by the NBS and Chinese customs. year over year to 42.65

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