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The value of China’s imports of Australian bottled wine last month was 2,952 times more than in September last year, before the removal of punitive tariffs, with volume totalling 3.51 million litres, according to the latest customs data.
Still, a larger question remains: can America continue to play a leadership role in Asia when US policy is dominated by strategic competition with China, the region’s largest economy and military power? This lens, which has bipartisan support in Washington, must be shaped to better match Asia’s strategic value to the US as the engine of 21st century economic and social dynamism.
The vise-tight grip that China wields over the mining and refining of rare minerals, crucial ingredients of today’s most advanced technologies, is about to become even stronger.
The New York Stock Exchange on Friday announced plans to extend trading on its all-electronic exchange to 22 hours a day.
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing consumer price increases considerably above its forecastand warning of ongoing high inflation risks in the medium term.
This is CNBC's live blog covering European markets.
China's steel exports will soon hit an eight-year high, before sweeping tariffs sink in and drag down the industry in 2025, industry watchers said.
Apple rejoined the ranks of the top five smartphone vendors in the China in the third quarter, helped by the launch of the iPhone 16, data released on Friday showed — but its growth was still outpaced by domestic rival Huawei.