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China's five-year loan prime rate as of September 21 was 3.5%, compared to an expected 3.50% and the previous value of 3.50%.
2026-09-20
China's five-year loan prime rate as of September 21 was 3.5%, compared to an expected 3.50% and the previous value of 3.50%.
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2026-09-19
Anhui Governor Wang Qingxian on Sept. 18-19 met foreign business delegations attending the 2026 World Manufacturing Conference, including Jack Perry, chairman of the UK 48 Group, and Carlos Magrinos, global chairman of the Global SMEs Alliance. Wang
Anhui Governor Wang Qingxian on Sept. 18-19 met foreign business delegations attending the 2026 World Manufacturing Conference, including Jack Perry, chairman of the UK 48 Group, and Carlos Magrinos, global chairman of the Global SMEs Alliance. Wang said Anhui will leverage its industrial base and innovation to pursue industry-focused opening, deepen integration of Anhui manufacturing into international division of labor and global markets, and establish regular communication mechanisms to strengthen resource and capability matching and expand industrial-chain and supply-chain cooperation.
2026-09-20
UBS expects global AI capital expenditure to approach $1.0 tln in 2026 and rise to about $1.4 tln in 2027, driven primarily by large memory price increases. UBS estimates memory-related spending will climb from $71 bln in 2025 to $367 bln this year a
UBS expects global AI capital expenditure to approach $1.0 tln in 2026 and rise to about $1.4 tln in 2027, driven primarily by large memory price increases. UBS estimates memory-related spending will climb from $71 bln in 2025 to $367 bln this year and $923 bln in 2027. Other AI-related costs are forecast at $631 bln in 2026, falling to $525 bln in 2027. UBS says memory cost increases accounted for roughly 60% of this year’s AI capex uplift; by 2027, with other component spending declining, memory’s rise could exceed the entire net increase in AI capex.
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