Chinese investments in research and development (R&D) have burgeoned since the turn of the century, increasing more than tenfold in absolute terms since 2000 and reaching a high of 2.4 percent of GDP in 2020. As the world’s second biggest spender on R&D after the United States, China is certainly a force to be reckoned with on the global innovation landscape. Its fresh push toward innovation-led growth and stated ambition of becoming a technological innovation powerhouse by 2050 have prompted questions: is China on course to attain its goals, and will greater investments in R&D—as promised by Premier Li Keqiang—get it there?
As the Internet continues to become more and more central to our daily lives, businesses are looking for ways to stay competitive. This can be difficult because there are so many options out there, and [...]
The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro [...]
As time goes on, technology will inevitably become more and more prevalent in our daily lives. Technological advancements have changed everything from TVs, vacuums, furniture and phones, to name just a few. But another, less [...]