VINACHEM

The world is already moving towards a multicurrency system as financial technologies evolve and China pushes the yuan, economists say. 

Asian economies, with real GDP growth projected to be 4.5 percent for 2025, will continue to play a crucial role in driving global economic stability and growth, said a report released on Tuesday at the Boao Forum for Asia Annual Conference 2025. 

While the tariff policies wielded by the United States have ushered global businesses into a period of increased uncertainty, China is focused on building open and shared industrial chains to embrace international cooperation, and is leveraging its growing consumption momentum to boost global demand, senior economists said. 

Five years after Chinese smartphone maker Oppo debuted in its home market, the company ventured overseas in 2009 and introduced its products to Thailand. 

Speaking exclusively with Fastmarkets on Monday March 17, Vinayak Singal, assistant vice president at Lohum, said that the new plant can take both black mass and spodumene as input materials. “This gives us flexibility based on market dynamics,” he said. 

The wide price gap between bismuth oxide and bismuth metal in Europe persisted in the week to Friday March 21, as metal supply in the region was extremely tight due to China’s export controls on the metal, while oxide continued to flow from the country, according to market participants. 

Japan has imposed a provisional antidumping duty of 95.2% on graphite electrodes imported from China for four months, the Ministry of Economy, Trade and Industry said March 25. 

The world is already moving towards a multicurrency system as financial technologies evolve and China pushes the yuan, economists say.