The idea that "China can’t innovate" has been pervasive and persistent in America. Google offers about 12,500 direct hits for the phrase in articles in the forums on Reddit. Most authors buy into the idea that the strict Chinese political system cannot foster the free-thinking creativity they believe drives Silicon Valley. Yet trends in...
Nowadays, economic and trade worldwide are closely related. With a globally integrated economic system, the common currency is indispensable. The US dollar has always been the currency in circulation in cross-border trade. The People's Bank of China recently released news about the RMB Internationalization Report 2020. By the end of 2019, the RMB reserves reached US$217.67...
In recent years, the global aluminum steel plate market has prospered. It is the same in the potential Chinese market. As one of the industry representatives, a French company "AS" is engaged in optical measurement in industry. The company has a set of technology patents in the aluminum steel plate...
"A vaccine against coronavirus has been registered for the first time in the world this morning," Putin said on state TV. "I know that it works quite effectively, it forms a stable immunity." "We've seen considerable interest in the Russian vaccine developed by the Gamaleya Institute. Moreover, we have received preliminary...
On July 8th, the UK Chancellor Rishi Sunak announced a new initiative to help restaurants, pubs, and cafes after the pandemic. These businesses within the hospitality sector have had a serious financial hit due to being unable to open during the lockdown in the UK, therefore the government wants to...
Since Trump suppressed Huawei last year, the technology war has started in silence. Recently, one of the most popular Apps in the world, Tiktok, was banned by the United States. It announced that Bytedance has to sell its TikTok's US business to Microsoft or other American companies before Sep 15th...
