On Wednesday, China’s Ministry of Industry and Information Technology, together with a number of other agencies, published an action plan to stimulate consumption and balance supply and demand for consumer goods, outlining key measures, Xinhua reports.
The plan calls for optimizing the structure of consumer goods supply by 2027. Specifically, three consumer sectors worth 1 trillion yuan ($141.2 billion) and ten consumer areas worth 100 billion yuan will be identified.
According to the plan, the consumer sector’s contribution to China’s economic growth will steadily increase until 2030.
In total, the plan includes 19 key tasks, including the comprehensive implementation of AI solutions, increased budgetary and financial support, and the expansion of new product offerings, such as green products.
In addition, it provides for a clearer focus on meeting the needs of different population groups. This applies to expanding the range of products for infants and children, as well as products that are convenient for the elderly, Xinhua notes.
The head of the Taiwanese administration Lai Tsingde on Wednesday announced plans to allocate a special budget of $40 billion for the purchase of weapons, according to the Associated Press. It is noted that this amount, in particular, includes funds for the creation of an air defense “dome”.
“Threats from China to Taiwan and the Indo-Pacific region are increasing (…). Taiwan should demonstrate its determination and take greater responsibility in self-defense,” said Lai Qingde.
It is noted that the Taiwanese administration has requested this tranche separately from the annual defense budget, and this request must now be approved by Taiwan’s legislature.
The Taiwan issue arose in 1949 when the People’s Republic of China was proclaimed and part of China’s Kuomintang Party settled on the island of Taiwan, naming the island the Republic of China on Taiwan. Beijing insists on the “one China principle”, according to which it is impossible to recognize both the PRC and the Republic of China on Taiwan at the same time. At the same time, almost all major states have unofficial cultural and economic offices of Taipei.
Help from Experts Club: the ratio of PRC and Taiwan military capabilities (estimates for 2025)
Based on public estimates (GlobalFirepower, Taiwan’s Ministry of Defense, budget data): Number of active military personnel
China: about 2.0-2.1 million (active NVAC personnel).
Taiwan: nearly 230,000 personnel.
Ratio: about 8-9 to 1 in favor of China.
Reserve and mobilization resource
China: about 510 thousand reservists + large para-military formations.
Taiwan: about 2.3 million reservists with a much smaller population, reliance on a massive reserve.
Air Force (general aviation)
China: about 3,300 aircraft, including about 1,200 fighters.
Taiwan: about 760 airplanes, approximately 280-300 fighters.
Ratio of fighters: about 4-5 to 1 in favor of China.
Navy (warships)
China: about 750 ships and boats, including 3 aircraft carriers, dozens of destroyers and frigates, more than 60 submarines.
Taiwan: about 100 ships and boats, no aircraft carriers, with a limited number of destroyers, frigates and submarines.
Ratio in number of fleet units: about 7-8 to 1 in favor of China, with an even larger gap in total tonnage.
Defense budgets (2025)
China: about $245-270 billion per year according to official figures.
Taiwan: about $20-21 billion (about 2.45% of GDP).
Ratio: China spends more than 10 times more on defense than Taiwan.
These figures are estimates and based on public sources, but generally reflect China’s significant quantitative superiority while Taiwan’s focus on technological saturation, defense doctrines, and alliance with the U.S. and other partners.
Source: https://expertsclub.eu/kytaj-zadiyuye-czyvilni-sudna-v-navchannyah-po-tajvanyu-zmi/
According to Serbian Economist, Chinese company Haitian International is launching pilot production at its new plant in Ruma (Vojvodina, Serbia), creating one of the largest production complexes in the region.
The project involves the construction of a factory with an area of up to 250,000 m² in the Rumska petlja industrial zone.
The initial phase includes approximately 59,000 m² for a production building, office building, and canteen. During the pilot phase, it is planned to produce up to 2,500 Mars and Jupiter series injection molding machines per year.
The total investment is estimated at around €100 million. In the first phase, the plant will employ about 300 people with salaries ranging from €650 to €1,000.
The city administration of Ruma and the Serbian government noted that the project will make a significant contribution to regional industrial dynamics and create new jobs. The plant will enable the Chinese investor to reduce logistics costs and serve the markets of Europe, the Middle East, and India more quickly.
The Serbian authorities consider the Haitian project to be strategic for the industrialization of Vojvodina and strengthening the inflow of foreign investment. The launch of pilot production in Ruma will strengthen Serbia’s industrial cluster and create the conditions for further technological investments.
Haitian International is a major Chinese manufacturer of injection molding machines, presses, and automated equipment. The plant in Ruma will be the company’s first significant production base in the Balkans.
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Global steel production in October 2025 decreased by 5.9% compared to October 2024, to 143.340 million tons, with declines recorded in most of the top ten producing countries, according to data from the World Steel Association (Worldsteel).
The top ten countries in terms of steel production in October 2025 are as follows:
China – 72 million tons (down 12.1% compared to October 2024);
India – 13.563 million tons (up 5.9%);
USA – 6.989 million tons (up 9.4%);
Japan – 6.853 million tons (down 1%);
Russia – 5.250 million tons (down 6.2%);
South Korea – 5.093 million tons (down 5.8%);
Iran – 3.316 million tons (up 12%);
Turkey – 3.208 million tons (up 3.1%);
Germany – 3.127 million tons (down 3%);
Brazil – 2.988 million tons (down 2.7%).
In January-October 2025, global steel production decreased by 2.1% compared to the same period in 2024, to 1 billion 517.589 million tons. The top ten producing countries for the first ten months of this year are:
China – 817.870 million tons (down 3.9% compared to January-October 2024);
India – 135.987 million tons (up 10%);
USA – 68.376 million tons (up 2.8%);
Japan – 67.327 million tons (down 4.1%);
Russia – 56.536 million tons (down 4.9%);
South Korea – 51.144 million tons (down 3.6%);
Turkey – 31.277 million tons (up 1.2%);
Germany – 28.505 million tons (down 9.9%);
Brazil – 27.988 million tons (down 1.8%);
Iran – 25.442 million tons (down 1%).
At the end of 2024, 71 countries produced 1 billion 839.449 million tons of steel, which is 0.9% less than in 2023. The leaders were China – 1 billion 5.090 million tons (down 1.7%), India – 149.587 million tons (up 6.3%), Japan – 84.009 million tons (down 3.4%), the United States – 79.452 million tons (down 2.4%), Russia – 70.690 million tons (down 7%), South Korea – 63.531 million tons (down 4.7%), Germany – 37.234 million tons (up 5.2%), Turkey – 36.893 million tons (up 9.4%), Brazil – 33.741 million tons (up 5.3%), and Iran – 30.952 million tons (up 0.8%).
In 2023, 71 countries produced 1 billion 849.734 million tons of steel (down 0.1% from 2022), and in 2022, 64 countries produced 1 billion 831.467 million tons (down 4.3% from 2021), with China continuing to dominate and production growing in India amid declining performance in most developed economies.
Earlier, the Experts Club analytical center released a video analysis of the world’s leading steel producers from 2001 to 2024 – https://youtube.com/shorts/VgUU9MEMosE?si=c5yD04gmNtJoFblB
The first dealership center of the new premium brand of electric and hybrid cars Avatr, which enters the Ukrainian market, was opened on Stolichnoye highway in Kiev by the official distributor of the new brand – Atlant Motors Ukraine LLC (part of the Atlant Motors group of companies), the press service of the company reported.
The official presentation of the brand took place on November 20. “Atlant Motors Ukraine” will provide a full cycle – from car sales to service, warranty of the manufacturer and sale of original spare parts.
“Atlant Motors Ukraine” informs about plans to expand the network of official dealer centers in different regions of Ukraine. In particular, by the end of this year there will be official dealers in Odessa, Kiev, Kharkov, and in 2026 AVATR brand showrooms will be opened in Lviv and Dnipro.
At the official opening three models of the brand were presented, in particular Avatr 07 – urban mid-size hybrid or electric SUV. The car is offered in two variants: all-electric (BEV) and series hybrid (REEV). The REEV version is equipped with a hybrid setup based on a 1.5-liter turbo engine and electric motors with a total output of up to 492 hp.
Atlant Motors Group of Companies has been operating in the Ukrainian market for more than 20 years and represents, in particular, the Renault brand in Kharkov and Kharkov region. The group also includes Atlant Motors Energy (Kharkiv) – one of the largest suppliers of electric cars from China to Ukraine, which, according to YouControl data, has net income of UAH 619.9 million in 2024 and UAH 1.28 billion in January-September 2025.
China is deploying a large fleet of civilian cargo ships and ferries in exercises off its coast, rehearsing scenarios for a possible landing in Taiwan, according to a Reuters investigation based on satellite images and ship tracking data.
According to Reuters, in the summer of 2025, at least 12 civilian vessels — six car ferries and six deck cargo ships — took part in landing maneuvers on a beach near the town of Jieshen in Guangdong province. Satellite images captured the unloading of hundreds of military vehicles directly on the coast via ramps, without the use of port infrastructure.
Experts interviewed by the agency note that the civilian fleet could be a key element in a possible operation against Taiwan: according to current estimates, the PLA Navy and Marine Corps currently have enough of their own landing ships and boats to transport approximately 20,000 troops with equipment. The investigation indicates that the use of civilian vessels is part of a broader “shadow fleet” strategy, which allows the PRC to dramatically increase its landing and transport capabilities while simultaneously complicating the situation for the US Navy.
The investigation indicates that the use of civilian vessels is part of a broader “shadow fleet” strategy that allows the PRC to dramatically increase its landing and transport capabilities while making it more difficult for intelligence to assess the scale of preparations. According to Reuters, more than 100 civilian vessels have been tracked that are involved in military exercises or belong to companies that regularly participate in such maneuvers.
The article cites assessments by former Taiwanese Armed Forces Commander Li Shimin and other military experts who call the rehearsal of landings involving the civilian fleet a “significant step” toward the formation of real invasion plans. At the same time, Taiwanese officials point to the vulnerability of such ships to anti-ship and portable missiles and view the demonstrative exercises as part of a “cognitive war” aimed at putting psychological pressure on Taipei and its partners.
Reuters emphasizes that, despite the build-up of capabilities, it remains unclear whether the PLA is ready for a real amphibious operation across the Taiwan Strait: the scale of the invasion is difficult to conceal, and weather conditions, the island’s coastal terrain, and the potential response of the US and its allies make such a scenario extremely risky.
Reference from Experts Club: Comparison of the military capabilities of China and Taiwan (estimates for 2025)
According to open estimates (GlobalFirepower, Taiwan Ministry of Defense, budget data): Number of active military personnel
China: approximately 2.0–2.1 million (active PLA personnel).
Taiwan: nearly 230,000.
Ratio: approximately 8–9 to 1 in favor of China.
Reserves and mobilization resources
China: approximately 510,000 reservists + large paramilitary formations.
Taiwan: approximately 2.3 million reservists with a significantly smaller population, relying on mass reserves.
Air Force (general aviation)
China: about 3,300 aircraft, including about 1,200 fighters.
Taiwan: about 760 aircraft, about 280–300 fighters.
Fighter ratio: about 4–5 to 1 in favor of China.
Navy (combat ships)
China: about 750 ships and boats, including 3 aircraft carriers, dozens of destroyers and frigates, and over 60 submarines.
Taiwan: about 100 ships and boats, no aircraft carriers, with a limited number of destroyers, frigates, and submarines.
Ratio of fleet units: approximately 7–8 to 1 in favor of China, with an even more significant gap in total tonnage.
Defense budgets (2025)
China: approximately $245–270 billion per year according to official data.
Taiwan: approximately $20–21 billion (about 2.45% of GDP).
Ratio: China spends more than 10 times more on defense than Taiwan.
These figures are estimates based on open sources, but they generally reflect China’s significant quantitative advantage, while Taiwan focuses on technological saturation, defense doctrines, and alliances with the US and other partners.
Source: https://expertsclub.eu/kytaj-zadiyuye-czyvilni-sudna-v-navchannyah-po-tajvanyu-zmi/