He explained that he tends to regard China’s rise as a great victory for the world. China has nearly 20% of the world’s population, exactly matching its weight in the global economy. The per capita GDP of countries such as Australia and the United States is five times that of the Chinese, and their share in the world economy is disproportionate.
When asked how optimistic he was regarding China, Gates responded that the current US way of thinking regarding China and its response is a lose-lose mentality. If you ask American politicians whether they want China’s economy to shrink by 20% or grow by 20%, I am afraid they will answer that they would rather China become poorer. They don’t understand that there is a global need for a global economy, for the discovery of cancer drugs, for the solution to climate change.
other reports
China and Hong Kong stock markets outperform U.S. wage earners, MPF recorded a return of 18,000 in January
The New Democracy Party advocated an increase in gaming tax, and the Jockey Club published a late-night article criticizing Ye Liu: If you earn less, it is not so bad
Pine Care for the Elderly: The Epidemic Delays the Extension of the Minimum Public Float Exemption for Investors
Hang Seng Index fell 11 points in half a day, Tencent firmly held the 400-yuan mark, Hong Kong overnight tourists can get 1,000-yuan consumer coupons, and retail stocks are popular
HIBOR generally fell for 5 consecutive days in the next month
China’s epidemic prevention policy changes, Shi Yongqing expects Hong Kong to “raise rabbit anger” and calls on “Hong Kong people, come on!”
Japan and the Netherlands will join hands with the United States to restrict the export of advanced chip equipment to China following the occupation. SMIC fell 1.4%
China research institute restricts technology exports to protect solar dominance
LVMH’s revenue rose 23% last year, optimistic regarding Chinese consumers pushing up this year’s performance
Tanzai Sange’s Japanese Yuanzu store suddenly announced that it will be closed for renovation without mentioning the reopening time
Hang Seng Index opened 48 points higher, photovoltaic stocks edged up, Tencent hit nearly 11-month high
Bank of America reportedly appoints 360 managing directors, more than half are women and minorities
