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China Flooding the World With Gasoline Cars, Far More Than EVs

Fossil-fuel vehicles made up 75% of Chinese auto exports since 2020, and annual shipments could top 6 million this year, amid huge overcapacity at home

Indonesians Blame Deforestation For Floods, Landslides; 700 Dead
China Launches First Lot of Simpler Rare Earth Export Licences

The AF Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors