Bloomberg: The China Show 6/23/2025
'Bloomberg: The China Show' is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
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Forbes
7 minutes ago
- Forbes
Gold = Conflict = Energy = Platinum
The missiles are aimed at the sky at sunset. Nuclear bomb, chemical weapons, missile defense, a ... More system of salvo fire. Regular readers of my articles will know I like to doodle on charts, and that overall, my simplistic crayon technical analysis tends to provide a useful guide. This is because I prefer simple situations, and simple charts simply show the simple outcomes of the big picture driving prices. I also like long-term charts because they filter out short-term noise and reveal the long-term trends where the big money is made. So, here is a rendition of the above: The gold chart: a friendly trend for the next few years In my book of chart setups, you couldn't really get a more bullish chart, but if you threw the chart away and looked at the fundamentals, you would have to say there are also super-bullish. In true internet troll style, I've been saying that gold is for war, but dialing that back, you can certainly say 'gold is for conflict.' If you do, it's hard to guess the top of this bull market. Some time ago, I set it initially at $3,500, but I moved it to $5,000 when the chart unfolded. This is the destination in my mind now. From the chart, you can see the market expects it could go much higher, but it's a probability, not fate. A chart is just a time-decayed summation of all needs and expectations, and the theory goes that the hive mind of a market is a pretty good guesser. A chart is simply a record of the evolution of the hive mind's thinking, and my interpretation is very bullish for gold – and sadly, a bit bearish for humanity. Unfortunately, the value of gold is often inversely related to the value of life, and as the tempo of conflict rises, so does gold. Yet, since only markets speak truth to power, I'm happy to participate. I've been talking about platinum here, and I hope you took note because it has rallied. This is a chart from the article on May 15th: The platinum and silver charts compared This is what happened next: The platinum chart: what happened next It's still performing well, as are silver and palladium. With my internet troll hat on, I'll say platinum is going to parity with gold. It might not happen exactly, but you get the inference. Gold = platinum was a long-term lock, and with less than 200 tonnes of platinum (and, for that matter, palladium) produced annually, why wouldn't it now return to that level as the planned banning of internal combustion engines is evaporating? Not everyone has gotten the memo, but energy demand and production are set to increase tenfold over the next 20 years, heralding a new era. Why? Because of AI. There is no limit to the demand for intelligence. AI = energy + silicon, and there is no second place. So, the energy kraken is unleashed – cannons be damned – as the periodic table comes back into fashion.
Yahoo
33 minutes ago
- Yahoo
Asia-Pacific Electric Vehicle Battery Testing, Inspection, and Certification Industry Report 2025: Market to Reach $8.89 Billion by 2034 from $2.03 Billion in 2024
The Asia-Pacific EV battery testing, inspection, and certification market is forecasted to rise from $2.03 billion in 2024 to $8.89 billion by 2034, experiencing a 15.91% CAGR. Factors like stringent APAC regulations, rapid EV adoption, and technological advancements boost growth. Comprehensive testing services enhance battery safety, addressing concerns like thermal runaway. The market includes major hubs in China, Japan, South Korea, and India, with a focus on sustainability goals and government incentives. Challenges remain such as high equipment costs and regulatory disparities, but the market is set for double-digit growth through 2030. Asia-Pacific Electric Vehicle Battery Testing, Inspection, and Certification Market Dublin, June 23, 2025 (GLOBE NEWSWIRE) -- The "Asia-Pacific Electric Vehicle Battery Testing, Inspection, and Certification Market: Focus on Vehicle Type, Stage Type, Service Type, Propulsion Type, Battery Type, Testing Parameter Type, Sourcing Type, and Country-Level Analysis - Analysis and Forecast, 2024-2034" report has been added to Asia-Pacific EV battery testing, inspection, and certification market is projected to reach $8.89 billion by 2034 from $2.03 billion in 2024, growing at a CAGR of 15.91% during the forecast period 2024-2034. Strong national laws in APAC countries, the rapid use of electric vehicles, and ongoing advancements in testing technologies are major drivers of regional industry expansion. EV battery safety, dependability, and compliance are confirmed by thorough testing, inspection, and certification services, which also reduce concerns like thermal runaway, capacity fade, and performance loss. Market expansion is further accelerated by APAC's sustainability goals and government incentives. The market for electric vehicle (EV) battery testing, inspection, and certification is growing quickly in Asia-Pacific as manufacturers, service providers, and regional regulators react to the growing popularity of EVs and changing safety regulations. Under standards like China's GB/T series, Japan's JIS certifications, and emerging ASEAN frameworks, the market is anchored by major automotive and battery manufacturing hubs in China, Japan, South Korea, and India. It includes cell-level analyses, pack-level performance and lifecycle testing, environmental stress screening, and comprehensive safety-abuse protocols - thermal-runaway, overcharge, short-circuit, and crush OEMs and Tier 1 suppliers rushing to meet strict certification deadlines, gigafactory-based in-house laboratories and specialised contract-testing networks offer scalable capacity, while ISO 17025 accreditation and national laboratory authorisations guarantee consistency and credibility in test results. Throughput, accuracy, and cost efficiency have been improved by technological advancements such as high-throughput automated rigs, AI-driven diagnostics, digital-twin simulations calibrated to local duty cycles, and sophisticated calorimetry. Investments in on-site stationary testing infrastructure are being driven by circular economy regulations that support second-life applications, government incentives, and green funding programs that support domestic battery significant progress, obstacles still exist, including the expensive cost of advanced equipment, the disparate regulatory environments across APAC nations, the scarcity of highly skilled technical personnel, and infrastructure limitations (power stability, cooling water, and lab space). However, the industry is expected to continue growing at double-digit rates through 2030 as governments in the Asia-Pacific region aim to improve battery supply chain resilience, enforce stricter safety rules, and set aggressive EV targets. How can this report add value to an organization?This report provides invaluable insights into the APAC EV battery testing, inspection, and certification market, equipping organizations with the knowledge needed for strategic decision-making and market forecasting. It comprehensively analyzes emerging technologies, regulatory shifts, and competitive dynamics, helping businesses identify growth opportunities and align their offerings with evolving industry needs. Additionally, the report provides an in-depth examination of key market players, their strategies, and business models, enabling organizations to stay ahead in a competitive and compliance insights are also covered, offering a detailed assessment of international testing standards, safety regulations, and sustainability initiatives to ensure market readiness. Furthermore, regional and segmentation analyses shed light on growth patterns, challenges, and opportunities across different markets, supporting targeted market entry and expansion strategies. By leveraging the findings of this report, businesses can drive innovation, enhance operational efficiency, and secure a competitive advantage in the evolving EV battery testing and certification landscape. APAC Electric Vehicle Battery Testing, Inspection, and Certification Market Trends, Drivers and Challenges Trends Harmonization of regional standards (China GB/T, Japan JIS, ASEAN) to streamline type-approval processes. Adoption of AI-enhanced diagnostics, digital-twin simulations and high-throughput automated testing rigs. Expansion of on-site gigafactory laboratories and specialist contract-testing networks for faster turnaround. Integration of advanced calorimetry and real-time thermal-runaway monitoring for next-gen chemistries. Drivers Explosive growth in EV sales across China, India, Japan and Southeast Asia driving testing demand. Government incentives, green-funding schemes and domestic battery mandates bolstering local lab investments. OEM and Tier 1 supplier strategies to de-risk certification timelines and reduce cross-border logistics costs. Emergence of second-life battery applications requiring state-of-health assessments and repurposing certifications. Challenges High capital expenditure for cutting-edge equipment and facility build-outs. Fragmented regional regulations and evolving standards complicating cross-market compliance. Limited pool of skilled engineers and technicians specialized in battery testing protocols. Infrastructure constraints - power stability, cooling water supply and lab space shortages in key hubs. Key Attributes: Report Attribute Details No. of Pages 104 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $2.03 Billion Forecasted Market Value (USD) by 2034 $8.89 Billion Compound Annual Growth Rate 15.9% Regions Covered Asia Pacific Key Topics Covered: Executive SummaryScope and Definition1 Market: Industry Outlook1.1 Trends: Current and Future Impact Assessment1.1.1 Adoption of Digital Twins in Battery Testing1.1.2 Wireless and Automated Testing Systems1.1.3 AI and Machine Learning in Battery Testing1.1.4 Blockchain for Transparent Certification and Testing1.1.5 Automation and Robotics in Battery Inspection1.1.6 Advanced Material Testing for Next-Gen EV Batteries1.1.7 Innovations in Simulation and Predictive Analytics for Battery Certification1.1.8 Testing of Second-Life Batteries and Recycling Applications1.2 Supply Chain Overview1.2.1 Key Stakeholders1.2.1.1 Raw Material Testing1.2.1.2 Battery Manufacturing and Integration1.2.1.3 Testing and Certification Service Providers1.2.1.4 End-Use Industries1.2.2 Value Chain Analysis1.2.3 Pricing Forecast1.3 Research and Development Review1.3.1 Patent Filing Trend (by Country and Company)1.4 Regulatory Landscape1.5 Services Overview1.5.1 Testing1.5.1.1 Performance Testing1.5.1.2 Durability Testing1.5.1.3 Electrical Testing1.5.1.4 Thermal Testing1.5.1.5 Abuse and Crash Testing1.5.1.6 Non-Destructive Testing (NDT)1.5.2 Inspection1.5.2.1 Visual Inspection1.5.2.2 Safety Inspection1.5.2.3 Quality Control Inspection1.5.3 Certification1.5.3.1 Product Certification (ISO, IEC)1.5.3.2 Safety and Compliance Certification1.5.3.3 Environmental Certification (RoHS, WEEE)1.5.3.4 Regulatory Certification1.6 Impact of COVID-19 on the Industry1.7 Market Dynamics Overview1.7.1 Market Drivers1.7.1.1 Rising Electric Car Sales Accelerating Demand for Reliable and Certified Batteries1.7.1.2 Growing Emphasis on Safety Standards for EV Batteries1.7.2 Market Challenges1.7.2.1 High Costs of Advanced EV Battery Testing Equipment and Facilities1.7.2.2 Lack of Standardized Testing and Certification Requirements for EV Batteries across Markets1.7.3 Market Opportunities1.7.3.1 Increasing Development of Next-Generation EV Batteries1.7.3.2 Expanding Market for Second-Life Applications and Recycling of EV Batteries2 Regions2.1 Regional Summary2.2 Asia-Pacific2.2.1 Regional Overview2.2.2 Driving Factors for Market Growth2.2.3 Factors Challenging the Market2.2.3.1 Application2.2.3.2 Product2.2.4 China2.2.4.1 Application2.2.4.2 Product2.2.5 Japan2.2.5.1 Application2.2.5.2 Product2.2.6 South Korea2.2.6.1 Application2.2.6.2 Product2.2.7 India2.2.7.1 Application2.2.7.2 Product2.2.8 Rest-of-Asia-Pacific2.2.8.1 Application2.2.8.2 Product3 Markets - Competitive Landscaped and Companies Profiled3.1 Next Frontiers3.2 Geographical Assessment3.3 Competitive Landscape3.4 Company Profiles3.4.1 The Hong Kong Standards and Testing Centre Limited3.4.1.1 Overview3.4.1.2 Top Services/Service Portfolio3.4.1.3 Top Competitors3.4.1.4 Target Customers3.4.1.5 Key Personnel3.4.1.6 Analyst View3.4.1.7 Market Share, 20233.4.2 ATIC (Guangzhou) Co., Ltd.3.4.2.1 Overview3.4.2.2 Top Services/Service Portfolio3.4.2.3 Top Competitors3.4.2.4 Target Customers3.4.2.5 Key Personnel3.4.2.6 Analyst View3.4.2.7 Market Share, 20234 Research Methodology For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Asia-Pacific Electric Vehicle Battery Testing, Inspection, and Certification Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
42 minutes ago
- Bloomberg
What's Next After the Initial Fallout from US Strikes on Iran
What's next? The unprecedented US airstrikes on Iran have set traders and governments worldwide on edge, as the Islamic Republic warns of retaliation and Israel shows no sign of letting up in its assault. Asian currencies and stocks fell, European stock futures declined while oil advanced, then erased gains, after Washington struck Iran's nuclear sites over the weekend. China and Pakistan were quick to condemn — even though China hasn't yet offered substantial assistance to Tehran besides rhetorical support and Pakistan is at the same time taking steps to build stronger ties with the White House. The US State Department issued a ' Worldwide Caution ' alert for Americans. More critically, President Donald Trump's decision to deploy bunker-busting bombs — in Washington's first direct military action against Iran after decades of hostility — has pushed the Middle East into uncharted territory. Did the end justify the means? While the US attacks have set back Iran's nuclear ambitions and dealt its clerical regime a humiliating blow, the program hasn't been completely destroyed. The move may ultimately lead Tehran to end international monitoring of its nuclear program and consider going ahead to develop a bomb. Supreme Leader Ayatollah Ali Khamenei hasn't been seen in public in 11 days but remains in control. Even as diplomatic allies Russia and China have stayed on the sidelines and its network of armed proxies in the region remains weakened, Tehran still has ways to inflict pain on the US as it plans its retaliation. Two supertankers, each capable of hauling about 2 million barrels of crude, U-turned in the Strait of Hormuz after the US airstrikes on Iran raised the risk of a response that would ensnare commercial shipping in the region, according to vessel tracking data compiled by Bloomberg. The two empty freighters then sailed south, away from the mouth of the Persian Gulf. The turning oil carriers offer the first signs of re-routing, something that oil traders will scrutinize. Any disruption to traffic through the strait, a major artery for global crude and natural gas, raises the specter of a spike in energy prices. That's bad news for Asia, which buys more than four-fifths of all the crude produced in the Middle East, 90% of which goes through the Strait of Hormuz.
