EV Manufacturing Economics, US Economy Retreats, China’s Middle Class Challenges, Taiwan’s New Cabinet Members

Simply Economics

Policy impacts economics of EV manufacturing in new ways. The US economic engine is running too hot. China's middle class holds key to revving economic engine, but can they turn it? Economics minister, NDC chief among new Cabinet members announced in Taiwan.
Sources:
https://www.automotiveworld.com/articles/policy-impacts-economics-of-ev-manufacturing-in-new-ways/
https://www.fxstreet.com/analysis/the-us-economic-engine-is-running-too-hot-202404152244
https://www.scmp.com/economy/economic-indicators/article/3259046/consumption-tourism-chinas-middle-class-holds-key-revving-economic-engine-can-they-turn-it
https://focustaiwan.tw/politics/202404160004
Outline:
(00:00:00) Introduction
(00:00:39) Policy impacts economics of EV manufacturing in new ways
(00:03:02) The US economic engine is running too hot
(00:06:03) China’s middle class holds key to revving economic engine, but can they turn it?
(00:09:18) Economics minister, NDC chief among new Cabinet members announced