
179 Dead in South Korea Jeju Air Crash
Bloomberg Daybreak: Asia Edition
Industrial Recovery and EV Market Dynamics
This chapter explores the current recovery state in industrial production, comparing indicators such as PMI and industrial profits. It discusses the contrasting performance of electric vehicle manufacturers versus traditional combustion engine producers within an overcapacity context, while forecasting future market consolidation. The narrative shifts to examine the Chinese government's evolving economic stimulus strategies, focusing on a consumer-driven approach that emphasizes the growing importance of consumption in economic growth.
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