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China to stockpile critical resources and strengthen energy security to avoid trade shocks
scmp16d ago

China to stockpile critical resources and strengthen energy security to avoid trade shocks

Beijing is prioritising “strategic material security” under its new 15th five-year plan that elevates the supply and domestic stockpiling of critical resources to a matter of national security. Under the blueprint, Beijing is positioning “key commodities” on the same strategic footing as food and energy security, saying China will take a more active role in strengthening “energy and resource supply security” by “preventing and mitigating major risks in systemically important areas”. To achieve...

#ECONOMY
google16d ago

As War Disrupts India’s Gulf Ties, Economy Faces ‘New Broadside’ - The New York Times

As War Disrupts India’s Gulf Ties, Economy Faces ‘New Broadside’ The New York Times Iran’s chokehold on Hormuz threatens India’s beloved samosas and chai CNN India's crude shuffle: How Iran's Hormuz chokehold rerouted oil imports from Gulf to Russia The Times of India As war in West Asia drags on, why government and RBI need a plan for the economy The Indian Express Amid Hormuz crisis, is India looking for costlier energy supply alternatives? India Today

#ECONOMY
blayneychronicle16d ago

Chinese brand will punish legacy car makers

An incoming Chinese brand says legacy car makers in Australia have been taking their customers for granted, creating the window for China's car makers to scoop up new customers.

#TECH