Europe's green tech renaissance: seizing opportunities while guarding against over-reliance on China

In the race to net-zero emissions, China's ambition to transform itself into an ‘electrostate’ – a nation deriving economic and political power from abundant, cheap electricity – presents both a model and a cautionary tale for the European Union. Unlike traditional petrostates like Saudi Arabia, which wield influence through oil exports, an electrostate leverages cheap electricity to fuel its own industrial might, producing everything from green steel to solar panels. As discussed in recent analyses, China is aggressively pursuing this path – especially in the transportation sector – but it's ...

9 月雇用統計プレビュー

September Employment Preview

We expect payrolls to rise 48k in September, a noticeable improvement from the August pace that reflects both a decline in policy uncertainty and an improvement in the economic outlook. This would bring the three-month average of payroll gains to 50k, from 29k previously as the dismal contraction – which coincided with peak policy uncertainty - from June moves further in the rearview mirror. The three-month moving average for payroll gains have steadily declined this year, falling from 232k in January. This is reflective of the slowdown in population growth from less immigration and has pushe...