With China’s economy moribund, particularly the consumer sector, Chinese manufacturers are flooding global markets with their inexpensive wares. Besides exporting goods, they’re essentially exporting deflation. Foreign governments aren’t pleased. Jackie reports on this state of affairs and what US and European governments may do in response. … Also: The price of lithium has been depressed by multiple forces for the past two years but may be poised to recover. … And in our Disruptive Technologies segment, OpenAI’s new and improved language program, OpenAI o1, features more sophisticated thinking and more accurate answers than its predecessor, ChatGPT-4o.
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