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Immigrants and American Economic Development

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  Immigrants and their children account for a disproportionate number of entrepreneurs and CEOs of technology companies. Half of the graduate students in engineering, math and science in US universities are foreigners. In the past, a high percent stayed in the United States after graduation. Immigrants are founders or current CEOs of most of America’s leading tech companies. (Nvidia, Google, Microsoft, Tesla, AMD, Intel)   The economic impact and importance of companies founded by immigrants or their children. More than 46 percent of Fortune 500 companies in 2025 (231 out of 500) were founded by immigrants or their children, including: 109 companies founded by immigrants. 122 companies founded by children of immigrants. Among the 14 companies that appeared on the Fortune 500 list for the first time this year, 10 were founded by immigrants or their children. In fiscal year 2024, these 231 Fortune 500 companies generated $8.6 trillion in revenue—an amount that, if compared with ...
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China's Economy, Politics, and Demography

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  SUMMARY China's dominance of the interconnected group of high-tech products will continue to make China the dominant manufacturing country in the world. China will also dominate the global economy, exporting its high-growth products at falling prices and developing joint production in many countries.  This includes renewable energy. China is the world's largest and lowest-cost producer of most renewable energy technology, especially solar panels and batteries. China is also developing and installing many advanced technology nuclear reactors.   Combined with China's surge in exports to the world outside of the United States, as a reaction to American tariffs and bans on Chinese exports, most of the world's advanced technology will be based on Chinese technology. The only exception might be artificial intelligence. China will have to deal with internal, domestic problems.  The housing crisis continues, wiping out family savings and limiting the growth in domestic con...
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