Latest

``` The Macroeconomic Roots of the Current Account Surplus China’s longstanding current account surplus helps stimulate economic growth and maintain employment in the short term, but is unsustainable in the long run and intensifies international political and economic friction. Keynes once pointed out that the experience between the two World

``` India is facing a double shock in sugarcane supply. Once the world’s second-largest sugar exporter, the country is expected to have almost no sugar available for export for at least the next three crushing seasons, profoundly reshaping the global sugar market supply landscape. According to a Reuters report on

``` This Monday, the market capitalization of Zhipu AI on the Hong Kong stock exchange surpassed HK$1 trillion during intraday trading, with its year-to-date increase exceeding 1900%. This is not just the story of a single stock—China's open-source large model GLM-5.2 is redefining the boundaries of

``` Guinea’s president has announced a comprehensive ban on the export of raw gold ore, requiring that all gold must be refined within the country before it can flow into the international market. This move marks a significant step forward for the West African gold-producing nation in the localization of

``` Citi Research has significantly raised its target price and earnings forecast for Micron Technology, believing the memory market’s super cycle is still continuing, with price momentum far exceeding previous expectations. According to Chase Wind Trading Desk, Citi in its June 17 report raised Micron Technology’s target price from

``` The narrative around artificial intelligence remains strong, but the market structure has quietly changed. Goldman Sachs’ Chief Analyst for Fund Flows, Lee Coppersmith, warns that the current market is carrying higher long positions and higher leverage levels, making the risk of volatility impossible to ignore. According to Goldman Sachs prime

Sam’s Club China has fallen into its biggest public opinion storm in recent years. On June 15, the State Administration for Market Regulation summoned executives of Walmart (China) Investment Co., Ltd. The regulators did not name specific stores or products, but pointed to "frequent food safety issues discovered