MIRRORLESS

top spot in the global economy.

It is a world class consumer and supplier.

China is the largest market for battery- powered cars in the world. It produced and bought nearly 600,000 of the 1.1 million vehicles manufactured last year. The surge is partly due to its large market share and manufacturing base. One can conclude that its proactive policy of giving incentives to consumers, manufactures and infrastructure producers contributed to be judged as the most comprehensive in the world.

China is poised to be the world’s leader in digitalization.

While the rest of the world, including the US and Europe, are still on the drawing board, China is rumored to be the most advanced in terms of building the infrastructure of the 5G bandwidth. Digital industry experts agree that if China is able to win the race to 5G, its

- portionately as a result against the world’s top players.

Two thirds of all investment in

- pens in China.

It is mainly due to the Chinese government’s consistent support in its development. The private sector sees China as the best destination for this AI investment.

As per Tsinghua University, two thirds of global AI investment is currently going to China, which has helped the Chinese AI industry grow 67 percent in the past year. It is notable that China leads the US and Japan in the number of AI patents, research papers and citations.

While the US placed men on the

explore the dark side of the moon

a value of $11 trillion, it represents 14.8 percent of global GDP. In terms of PPP, a measure which adjusts a country’s wealth based on what people can afford to buy, China has clearly to claim the top spot.

China has “decacorns,” not only unicorns. There are eight decacorns valued at over $10 billion each. These include Alibaba’s Ant Financial, ride-sharing giant Didi Chuxing, smartphone-makers Xiaomi, Huawei and Tencent Music. The combined net worth of these 108 companies is around $435 billion, the size of the Belgian economy. Tencent Music became Asia’s

last September, with a valuation of $255 billion.

China invests the than any other country on earth.

It’s already the world’s biggest generator of solar power, in 2017. It switched on near the city of Huainan. President Xi Jinping is a vocal

economy and society.

And the US launched a trade war against this country. Laughable but not funny.

Good work, good deeds and good faith to all.