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Sales of electric vehicles in Germany are plummeting — 70% fewer cars were sold in August compared to the same period last year. Across the EU, the EV segment has seen a 44% drop. Overall, car sales have decreased by 18.3%.
The main issue? YouTube. People are realizing that a car priced at $50,000 in the EU would cost just $25,000 in China. T…Read More
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China’s trade balance has set a new historic record. Again.
By the end of August, the trade balance surplus increased to $91.02 billion. Analysts had predicted growth to $83 billion. If you look at the chart and the timing of the explosive growth, the answer becomes obvious. China hasn’t lost its trade ties with Russia, has replaced all for…Read More
7 Comments
Ahah, Biden made Russia great again )