While the exact figures are difficult to pin down, the tally maintained by Johns Hopkins University in Baltimore on Wednesday showed the deaths of 802,014 Americans have been linked to the virus since the start of the pandemic. The same counter stood at 400,000 on the eve of Biden’s inauguration …
Read More »China overtakes US in global wealth race
China’s wealth skyrocketed over the past two decades, the consulting company said according to Bloomberg, explaining that its net worth increased by a whopping 17 times from $7 trillion in 2000 to $120 trillion in 2020. The nation accounted for about one third of the global net worth increase over …
Read More »China’s Xiaomi overtakes Apple in global smartphone market
Xiaomi landed a 17% share in global smartphone shipments in the second quarter of 2021, behind Samsung with 19%, a report from research agency Canalys revealed. Apple came in third, with a 14% share of the market. “Xiaomi is growing its overseas business rapidly,” Canalys Research Manager Ben Stanton stated …
Read More »China overtakes US as global destination for foreign investment amid Covid-19 pandemic
The Chinese economy pulled in $163 billion in inflows last year, marking a four percent year-on-year increase, according to the figures released by the UN Conference for Trade and Development (UNCTAD). Meanwhile, the US fell into second place as foreign inflows into the largest economy in the world dropped to …
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