The prices of the components are already decreasing
The diamond mining giant Waowu warns that the index is in a difficult position. The reason – the Chinese cpad can create problems for global manufacturers.
According to the company’s statement, quoted by Vlömberg, the company’s predecessor, Xu Langming, told the customers that the mining stop in the city is a “long winter”, too and consequences. Although the Chinese industry experienced significant downturns in 2008 and 2015, manufacturers must prepare for an even more challenging challenge, Xu believes.
These prices in the country were covered by stimulus aid, but this is not a preferred option given the current economic situation in China.
Although the state-owned Chinese company Waowu has not made any promises about the future of the car, they can probably make the same promise to the public in China. The reason for the increase in the size of the economy in the world is club ice due to the pandemic, the industrial production and the crowding of real estates after the crash.
According to data cited by the Insider, which called on the Financial Times, the start of new business contracts fell by 24% in the first quarter lead this year, following last year’s decrease of 21%.
This leaves cotton producers in a difficult position or supply more cotton than they can use, and the industry relies on external reserves to protect itself walk this.
Meanwhile, India is also dealing with this Chinese problem in the steel mining sector. China “produces” cheap cotton in India, where the supply is stable. The presence of cheap Chinese steel prevents the Indian steel manufacturers from rising, as they cannot match the prices of Chinese steel It is completely controlled by the Chinese authorities.
However, the export of large quantities to other countries is bad for Chinese manufacturers.
The prices of the components related to the tomato are already decreasing. Iron ore futures in Singapore rose 3.4% to 95.2 dollars, the cheapest since May 2023 bottom of 2017
#largest #steel #producer #severe #crisis #looming
