Posts

Featured Post

China’s Development Strategy

By
Image
  New Chinese Nuclear Power Plant   Development of new technology is the key strategy for domestic economic growth and increasing exports. China leads the world in the production of EVs, batteries, solar panels, other renewable energy technologies, rare earth metals, robotics and automated production,  and  many other areas. They see global competition with the United States as much as a geoeconomic and technological struggle as a geopolitical competition.   While exports continue to be a part of China's development and growth strategy, two other past strategies are less important now. Domestic investment in housing and construction was an important driver of growth in the past. Housing construction has fallen. Now, digital services generates more revenue. Another past driver, foreign investment in China, has turned negative. In addition, exports to the United States has fallen from 22% of total exports in 2017 to 10% in 2024.  Chinese exports to the rest o...
Post a Comment
Read more

Future News: A Little RoboHumor

By
Image
  NEWS FROM CYBERSPACE Hi Ho Silver The robots’ favorite streaming video is Botman.   Humanoid robots win all the events at the 2040 Olympics.   To expand their fan base, major league baseball teams are allowed one humanoid robot per team. In the first season, a pitcher named Cyber Young wins 162 games. More humans aged 15-30 marry their AI companions than other humans. Carnival Cruise renames its largest cruise ship the Love Bot. The divorce rate among seniors due to adultery skyrockets, with humanoid caregivers named as the co-respondents. The legal phrase "alienation of affections" takes on a new meaning. The federal government raises new revenue by imposing fees on  autonomous vehicles, called robotaxes. A new, high-paying occupation is created, that of mechanics replacing joints on robots. Most of the mechanics are former orthopedic surgeons. Intel's directors, tired of Intel falling further and further behind Nvidia, fire Intel's entire top management. Man...
Post a Comment
Read more

China's Economy, Politics, and Demography

By
Image
  SUMMARY China's dominance of the interconnected group of high-tech products will 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 new 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. China will have to deal with internal, domestic problems. The long-term problem will be the large decline in population, especially the shrinking of the working age cohort. this is one reason that China is concentrating on the ...
1 comment
Read more