What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.
China just banned ICO fundraising. They did Silicon Valley and the U.S. a favor - now we get first dibs.
People tend to wonder when Alibaba will enter the U.S. market. But those people are asking the wrong question. Alibaba reckons that, in 2010, China and the U.S. had an equal number of online shoppers, about 140 million.
As China's retailing champion, Alibaba makes Amazon look like a company that carefully picks its spots. Sure, Amazon does e-tailing. So does Alibaba.
For years now, we've been hearing about how China is the great copycat nation, the manufacturer of designs drawn up in other countries, and then an imitator for its own products. That's been true, as the developing country followed a path that Japan and then Korea plowed before it.
With innovative companies and products like Tencent's WeChat messaging service and novel approaches to artificial intelligence and various business models, China rapidly is becoming an innovator in its own right.
The threat to Russia isn't liberal Europe or America. It is nonliberal Islam and nonliberal China. Russia has to change. It can't be otherwise. It will take time. You have to be patient.
Friends give me a hard time about the pants I'm wearing, which are made in China. Well, how do you find the right clothes? Or the right movie studio? The right people giving you checks? Good luck doing the right thing all the time.
Our expectation is that by 2050, which is a long time away, India will be the largest economy in the world, overtaking both the U.S. and China.
In the non-Greek stories, Persia, Egypt, even China, Central Asia, in oral traditions and written literature, anyone who fights Amazons admires their courage and beauty, and they want to be allies of the Amazon; they don't wanna kill them.
