Business
China May Exports Drop More Than Expected
China’s export data dropped for the first time in three months in May, adding to the risks in the world’s second largest economy as global demand weakens. James Mayger reports on Bloomberg Television.
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Gautam Adani has won the dismissal of US fraud charges that threatened his global ambitions. After months of legal maneuvering, a major hurdle is gone, potentially clearing the way for the Indian billionaire to expand in the US.
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Pierre Ferragu, New Street Research global team head of technology infrastructure, says supply chain issues and opposition to data centers in the US do make him nervous about Nvidia’s future. The chipmaker says revenue will grow by about 70% in the next fiscal year. He speaks on “Bloomberg Open Interest.”
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Meghan Robson, head of US credit strategy at BNP Paribas, and Milwood Hobbs, deputy CIO of Oaktree’s Strategic Credit platform, join Scarlet Fu on “Bloomberg Real Yield.”
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Europe’s biggest rivers, including the Rhine and Danube, are drying up after a series of heat waves, disrupting the transport of goods and boosting freight costs. #europe #weather #news #climatechange
Soaring temperatures are curbing power generation at riverside reactors, pushing up energy prices and straining Eastern European economies.
The river disruptions are becoming a test of how quickly the region can adapt infrastructure to a climate where extreme low water is likely to be increasingly common.
Read more: https://www.bloomberg.com/news/articles/2026-08-02/europe-s-key-rivers-are-drying-up-as-extreme-heat-impact-widens?sref=BPgrU5ep
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On the Big Take Asia podcast, K. Oanh Ha and Bloomberg’s Cat Barton unpack North Korea’s surprising rise from pandemic-era hardship to a multibillion-dollar windfall, and discuss how the country’s newfound wealth is reshaping geopolitical alliances in Asia.
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@vitkomusic6624
December 18, 2023 at 5:30 am
Guys. West and European countres depend on Chinese. If China will stop exports. Europe and other west countries will be screwed. China is the superpower no1. And coupled with Russia now secretly. Its a massive ww3 threat. West and Europe are living on borrowed money. And stolen money.
@chiho8119
December 18, 2023 at 5:30 am
Maybe they start producing food and products by themselves. See lot of FMCG are made in China now.
@gegangen2008
December 18, 2023 at 5:30 am
To his is only the start. Get your srinks and popcorn ready for the next few years
@makuohua3071
December 18, 2023 at 5:30 am
Facts is Bloomberg out of jobs now as U.S. is already Collapsed . So it worry China export is Declined as there is no money to import from China . Also Chinese goods is not free for U.S. too .
@jjohnson5014
December 18, 2023 at 5:30 am
Yay! A recession is coming!
@user-br7hd7no7f
December 18, 2023 at 5:30 am
The man is correct in saying that China's foreign exports have declined, but he fails to mention that the cause is Biden's containment of China.
China's GDP grew rapidly to 4.5% in the first quarter of 2023. Americans are really looking at foreign relations objectively.
They criticize China when it does something wrong, but they don't like it when the US media tries to play politics.
It's like a wise monarch can recognize a fool when he sees one.
I think the United States can become more economically developed in the future.
I hope that the two superpowers can live in peace in the future.
The comments on the British, Korean, and Japanese news unconditionally criticize China.
It's funny that the subordinate countries of the United States are more enthusiastic.
A statistic came out a while ago that people in the European Union want to stay neutral in the US-China competition.
@WorldIsWierd
December 18, 2023 at 5:30 am
oh no beefing with you biggest market and main source of money is stupid. who could of known
@sleepyjoe4529
December 18, 2023 at 5:30 am
China exports dropped cuz the rest of the world is too poor to buy anything lol
@kevinqiu9147
December 18, 2023 at 5:30 am
Isn't that the result of US pressuring its allies to decouple from China? Not a much of surprise.
@hugm4339
December 18, 2023 at 5:30 am
That means you guys have less ability to buy from China, you dumb!
@joealonzo536
December 18, 2023 at 5:30 am
🐶China brings prosperity, investment and unconditional help to all the nations of the world. The British, France and Unite States bring weapons, war and destruction to all the nations of the world and after the destruction of your country the monarchy the elite used the USA-British-France-ARMY to secure the robbery of your country natural resources.👤
@wanderingquestions7501
December 18, 2023 at 5:30 am
Exports to USA drop you mean. Their exports to ASEAN, Africa, So American, and Africa are surging to record levels. Bloomberg: the faithful water-boy for the Deep State.
@user-zd1wz7mn5s
December 18, 2023 at 5:30 am
less chips and less export… but everyone are hurting across the board because of U.S reckless chips ban… more storms are coming. China is developing demostic chips 24/7 none stop and its coming to fruitation… export market accounts for small percentage of Chinese economy as a whole anyway.
@alextran7680
December 18, 2023 at 5:30 am
Love Pooh Bear ? You can help ! Buy more FAKE IN CHINA and feed your children with CCP poison.
@taoliu2920
December 18, 2023 at 5:30 am
This guy tried so hard to spin it and he knows himself is lying and cannot stop blinking. That is tough job. Must have good pay tough.
@SeeTheWholeTruth
December 18, 2023 at 5:30 am
That is because you dont actually have a clue what is going on in China, and dont care to actually educate people on the big stuff, how else can you fleece them?
@meriliu8688
December 18, 2023 at 5:30 am
China:"Time to manipulate all of our data! We are scared to be embargo!"
@Batman-vr6jp
December 18, 2023 at 5:30 am
China is gonna get poor
@vietimports
December 18, 2023 at 5:30 am
oh noooo who could have seen this coming
@codychao618
December 18, 2023 at 5:30 am
China is down period!
@ko5000
December 18, 2023 at 5:30 am
Lol