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The Great Solar Wall: China doubles down on its ambitious effort to tame deserts

Following in the footprints of its ambitious Great Green Wall, China is leaning into a solar-powered pivot as part of its decades-long effort to tackle desertification in the arid north. The expanding Great Solar Wall initiative, centred in the Inner Mongolia autonomous region, could help to power China’s economic hubs as the country accelerates its transition away from fossil fuels. Transforming…

The Great Solar Wall: China doubles down on its ambitious effort to tame deserts

We haven't written up this one. Reuters Business via SCMP has the full story — the link below goes straight to it.

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Finance & Markets

Jamie Dimon says one market risk could amplify market swings

Leverage has come under renewed scrutiny after recent market turmoil in South Korea and the Situational Awareness unwind.

  • JPMorgan CEO Jamie Dimon warns elevated market leverage could amplify market swings.
  • Current market leverage is "pretty high," indicating heightened risk of disruptions.
  • Dimon notes margin debt at all-time highs, though not all leverage is classified as margin debt.