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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (12245)10/24/2017 3:39:12 PM
From: zzpat  Read Replies (1) | Respond to of 12464
 
Yes, I checked the numbers with other sources and the numbers are correct. It was not my intent to suggest China is not ahead of the US is building electric cars (in the second post), however, I question their numbers since electric cars require lithium and China didn't increase its lithium production. It's possible they're getting lithium from Australia and Chile and I cited a Chinese private equity firm that is buying lithium from SQM.

I also agree that our business news does not do news. It does opinions and most of those opinions are based on republican doctrine. I bypass 99% of the headlines because I know they're worthless.

The link you sent was hard to read but I did my best. I'm learning Russian now, Chinese next.



To: RealMuLan who wrote (12245)10/25/2017 9:53:48 PM
From: RealMuLan  Respond to of 12464
 
"Already, China is the world’s largest maker and seller of electric cars. Chinese buyers are on track to snap up almost 300,000 of them this year, three times the number expected to be sold in the US and more than the rest of the world combined."
todayonline.com

Personally, I think 300,000 is way too conservative. 400,000 -500,000 for the year would be more likely