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- 'Smart Siting:' Romania develops countrywide map to identify land for renewable energy projects where technical potential meets low conflict with social, biodiversity valueswww.nature.org ↗Submitted 1 week ago to earthscience@mander.xyz | 0 comments
- Comment on China's exports grow 5.9% in November, while US shipments drop 29% 2 weeks ago:
As an addition, it is important to note that China’s strong exports to the world except to the US has less to do with trade diversion due to US President Trump’s tariff conundrum but with weak demand at home, as a recent study by the European Central Bank (ECB) has found.
While escalating trade tensions between the United States and China might result in a further diversion of Chinese exports to Europe, the rise in China’s exports to the EU predates the latest tensions and coincides instead with the onset of weakness in domestic demand in China, the ECB says.
In the fourth quarter of 2024 the average monthly value of domestic sales was around four times higher than total exports and over 28 times larger than exports to the United States. This suggests the pool of goods that could be redirected to the EU is much broader than trade data alone would suggest. Redirecting even a small share of domestic sales abroad could boost overall exports – including to the EU – more than a sizeable diversion of exports from the United States.
The ECB argues that the start of rising exports and slowing imports dates back to 2021, when China’s crisis in its domestic real estate market - typically an import-sensitive sector - sharply curtailed household demand.
At the same time, state-imposed manufacturing investment created overcapacity in industries that would otherwise face market-driven constraints, which eventually resulted in fierce price wars in Chinese home markets forcing companies to seek relief in exports.
The ECB writes:
This has eroded profit margins and discouraged spending in a deflationary environment with significant labour slack – prompting firms to redirect sales toward foreign markets.This shift reflects the “vent-for-surplus” theory of international trade, which posits that a demand-driven decline in domestic sales generates excess capacity that can be redirected abroad. The mechanism assumes fixed investment in the short term, which is particularly relevant in China, where investment is often guided by central planning. To expand abroad, firms must gain competitiveness in foreign markets. They typically do so by reducing short-run marginal costs and prices, or by accepting narrower profit margins, and in some cases even losses. - [Emphasis mine.]
- The threat of sabotage from China is growing. That’s not an excuse to erode Australians’ freedoms.theconversation.com ↗Submitted 5 weeks ago to australia@aussie.zone | 3 comments
- Dutch scientists discover hundreds of potentially fraudulent publications on brain haemorrhages in animals, claim it is the 'tip of the iceberg'www.voxweb.nl ↗Submitted 1 month ago to science@mander.xyz | 2 comments
- Global net zero commitment is on the rise - yet uncertainties remain high | Net Zero Stocktake 2025zerotracker.net ↗Submitted 2 months ago to earthscience@mander.xyz | 0 comments
- Submitted 2 months ago to science@mander.xyz | 4 comments
- Comment on World Meteorological Organization (WMO) report shows successful recovery of ozone layer, driven by science 3 months ago:
Yeah, good news have become rare in our world, but it happens …
- World Meteorological Organization (WMO) report shows successful recovery of ozone layer, driven by sciencewmo.int ↗Submitted 3 months ago to earthscience@mander.xyz | 0 comments
- World Meteorological Organization (WMO) report shows successful recovery of ozone layer, driven by sciencewmo.int ↗Submitted 3 months ago to science@mander.xyz | 2 comments
- Comment on ‘Opposing the inevitability of AI at universities is possible and necessary’ 3 months ago:
From your comment one can easily infer that you didn’t even click the link.
- Submitted 3 months ago to science@mander.xyz | 4 comments
- Put down your phone and engage in boredom – how philosophy can help with digital overloadtheconversation.com ↗Submitted 3 months ago to philosophy@mander.xyz | 5 comments
- Business activities expand in Eurozone and UK despite U.S. tariff uncertaintiestradingeconomics.com ↗Submitted 4 months ago to unitedkingdom@feddit.uk | 0 comments
- Submitted 4 months ago to science@mander.xyz | 3 comments
- UN scientists, experts propose "Global Minerals Trust" - a cooperative, multilateral governance mechanism to ensure sustainable, conflict-free access to critical mineralsweb.archive.org ↗Submitted 6 months ago to earthscience@mander.xyz | 0 comments