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China’s Growth Target Has Become a Trap for Xi
advisorperspectives.com ·
China’s latest effort to prop up its battered housing market and spur the economy is getting a poor reception. The measures are underwhelming and unlikely to achieve much beyond improving Beijing’s chances of meeting its already restrained growth ambitions. That is damning the initiative with faint praise. The deeper problem lies in how China measures ...
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Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war levelRead story summary
A supertanker was recently chartered to sail from the U.S. Gulf Coast to China for $76 million, a source familiar told CNBC, as shipping costs soar globally due to the crisis in the Middle East. The Alexandros was chartered by the trading firm Trafigura and is expected to load around Nov. 19, the source said. A normal rate for the route based on pre-war ...
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