Gold, When All Else Fails, Part 1: China's Last Resort – HoweStreet
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Drilling finds what looks to be the foundation for a new oil-and-gas resource base in a central region, and it should help the world’s biggest industrial producer reduce its reliance on oil imports.
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The world’s largest electric car maker expects earnings for 2023 to jump by as much as 86.5 per cent, buoyed by record deliveries. Its profitability, however, remains far behind rival Tesla because of the American giant’s bigger profit margins.
The industry is being slammed by higher borrowing costs, slow growth in Europe, and expiring subsidies. Stocks are tanking in response.