Race To Rooftops

China’s 850 cities are witnessing the largest urbanization movement in human history. By 2025 China is expected to have 221 cities with over a million inhabitants and 23 cities with more than 5 million people. Such explosive urban growth is straining Chinese infrastructure. Read Here – The Diplomat  

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Bitcoin, Bit By Bit

Yes, Bitcoin is what some call a deflationary currency. Because the system was designed to allow the creation of only a finite number of bitcoins, there will come a point where, as demand rises, the value of the currency will only go up (making the price of goods and services fall, hence the term deflation). And that could […]

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Is Xi Another Gorbachev?

The Chinese leaders see no contradiction between economic and social liberalization on the one hand and more political control on the other. In fact, in their minds, the latter is the condition for the former. Lightening up and tightening up are two sides of the same coin. Read Here – Bloomberg

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