China seeks to fill property hole with other’s industry

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China’s factory production is facing criticism, but the country is not ready to make changes that could negatively impact its economy.

European Union leaders have threatened to impose taxes on electric vehicles, and European Union President Ursula von der Leyen expressed hope for short-term action.

China has announced that it will slow battery business growth.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.