COTD: Chart of the Day The latest data on car manufacturing show that German auto production has collapsed to multi-decade low, lower than 2008 in the Great Financial Crisis (GFC), due to new emissions rules, Diesel restrictions, Brexit, China slowdown. Hat Tip: Holger Zschaepitz @Schuldensuehner
South Korean exports, a main leading indicator of global manufacturing conditions, especially the electronics sector, showed marked improvement in the first ten days of January. South Korea’s Customs Service reported on Monday that exports rose 5.3 percent in the first 10 days of January, mainly the result of growing shipments of semiconductors. Exports of semiconductors …
Taiwan’s voters delivered a stinging rebuke of China’s rising authoritarianism on Saturday by re-electing President Tsai Ing-wen, who vowed to preserve the island’s sovereignty in the face of Beijing’s intensifying efforts to bring it under its control. Ms. Tsai’s victory highlighted how successfully her campaign had tapped into an electorate that is increasingly wary of …
