Throughout April as China was involved in an all-out effort to contain Omicron in the financial hub of Shanghai, one of the area’s greatest advantages—a smooth and fast transportation and logistics network—partially devolved into a pain point hindering economic activity.
Over the years, China has achieved top market positions in a wide range of spheres including smartphones, e-commerce, semiconductor equipment, and new-energy vehicles, rendering the appeal of its domestic market a key element of its economic prowess.
A long push for a unified and open market has eventually crystallized into a national strategy. A catchphrase that quickly made the headlines has evolved into an indispensable facet of economic retooling amid the haze of domestic and global perplexity.
The Russia-Ukraine crisis is increasing inflation around the world, exacerbating the rift in globalization, and leaving policymakers with little space to maneuver
The digital age has clearly arrived, and the money as we know it is undergoing a digital transformation just like everything else.
Technology is the lifeblood of smart cities