August 5, 2019
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China is taking control of the flow of Southeast Asia’s most important river through a dam-building spree. The Mekong river starts in China and flows through Thailand, Laos, Myanmar, Cambodia and Vietnam. It feeds 60 million people through its basin …
July 30, 2019
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China passed Japan in 2010 to become the second-largest economy in the world based upon nominal (exchange rate) GDP. China may not pass the United States to become the world’s largest economy until 2030 or later. In 2019, the IMF …
July 18, 2019
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Chinese customers, who still mainly buy luxury items on overseas trips, buy more than a third of luxury sector sale. They and other Crazy Rich Asians have helped boost the shares of LVMH. Chinese consumers purchased $121 billion worth of …
June 3, 2019
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For the next decade or two it will be far easier, cheaper and more effective to use gene sequencing to select the most intelligent embyro for test tube babies. Embryos are already having their genes sequenced to select against genetic …
May 27, 2019
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Tesla’s Shanghai Gigafactory 3 will produce electric cars for India and other Asian countries along with China. Tesla maybe able to saturate China and enter other markets such as India with electric vehicles that are immediately competitive in price. Reports …
April 6, 2019
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World’s military arsenals are expected to double in size by 2030, compared to 2016. By 2030, the countries with top defense spending are expected to be: USA with over 1 trillion (had $611 billion in 2016), China with $736 billion …
February 14, 2019
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Bill Gates and the World in Data indicate the extreme poverty below $1.90 PPP per day has massively decreased from 1820 to today. This is one of my favorite infographics. A lot of people underestimate just how much life has …