04:06 PM @ 31/03/2025
China's economy continued its recovery in the first two months, but challenges remain, including tariffs and insufficient demand. To sustain growth and achieve high-quality economic development, well-coordinated and effective policies are needed to boost consumption.SEE MORE03:11 PM @ 31/03/2025
In recent years, "structural surplus in capacity" and "destocking" have been key words surrounding the development of the power battery industry. According to statistics from the research institution EVTank, the inventory of power batteries across the entire industry chain reached 164.8 GWh in 2022, hitting a historical high, which significantly increased the pressure for destocking in 2023.SEE MORE02:51 PM @ 31/03/2025
As cyclical renewable energy sources like solar and wind dominate new energy installations due to their rock-bottom prices, battery energy storage system (BESS) installations have also increased in step, driven by falling battery prices, supportive policies, and increased electricity market volatility.SEE MORE02:45 PM @ 31/03/2025
The European Commission has identified 47 strategic projects which it hopes will kickstart the region’s critical minerals sector and reduce its dependence on imports, particularly from China.SEE MORE02:42 PM @ 31/03/2025
Gold is also viewed as protection against political troubles that could weigh on the world economy. Its run-up at the close of last year also came amid heightened tension over developments in the Middle East and a dollar battered by US interest rate cuts.SEE MORE
