After stepping into the currency and equity markets repeatedly over the past year to stem declines, government-linked entities are now spurring capital inflows by raising money offshore and bringing it home. Sales of dollar bonds by some of China’s biggest state-run firms rose to a record $18.7 billion in the April-June period, about 80 percent higher than the average of the previous four quarters.
...Chinese authorities have a long history of encouraging state-owned enterprises to act in policy makers’ interests rather than their own.
Ford Loses $132,000 on Each EV Produced, Good News, EV Sales Down 20 Percent
-
Ford (F) reports a huge loss on every EV. Sales are down 20 percent holding
the losses to $1.3 billion.
No comments:
Post a Comment