So when will China overtake the U.S. to become the world’s biggest economy? These questions are more consequential whether for executives wondering where long-term profits will come from or investors weighing the dollar’s status as a global reserve currency or generals strategizing over geopolitical flashpoints. Bloomberg Economics’ Eric Zhu discusses the topic on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)
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Just four months after agreeing to give a Chinese consortium led by the lithium-ion battery manufacturer, Contemporary Amperex Technology, control over the development of Bolivia’s lithium deposits, Bolivia’s economy is undergoing a severe crisis. For […]
Crude oil prices fluctuated today after the Energy Information Administration reported an estimated inventory decline of 1.4 million barrels for the week to December 6. In fuels, however, the EIA estimated sizable builds. The crude oil inventory figure compared with […]
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