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Its economy grew rapidly to become the second largest in the world, led by a strong central government, a surging and increasingly productive manufacturing sector, easy access to money and credit, and protective trade policies that spawned huge surpluses with the U.S.To get more China news, you can visit shine news official website.

Then the bubble burst, followed by three “lost” decades of economic stagnation.

This backdrop helps explain China’s concerted efforts to catch up, and surpass, the U.S. in the technologies that are driving the digital revolution—goals memorialized in its Made in China 2025 strategic plan.

In a world where labor represents a smaller share of overall input costs, the center of the U.S. is perhaps becoming the world’s most attractive “emerging market.” It has cheap and easy shipping routes to attractive end-markets on the East and West Coasts, abundant oil and gas resources, ironclad intellectual property protections, one of the lowest tax rates in the world, an educated workforce and policymakers who are keen to bring investment back to the U.S. China very well may have made a critical strategic error in being too forward with its ambitions in unveiling these goals, underestimating the U.S.’s resolve to maintain its place as the preeminent economic power.

China knows it can survive and thrive in a world led by the U.S. The U.S., on the other hand, does not know that its values and interests would be safe in a world led by China. As such, consensus appears to have formed in a bipartisan manner, both in the halls of Congress and among the public at large that the U.S. needs to defend and protect its intellectual property. Policymakers will likely continue to push back on advanced technologies while finding ways to incentivize companies to “come back home.”

Given this long-term strategic struggle, we expect heightened tensions will continue to play out between the U.S. and China, in part because Chinese authorities might be forced to play a weaker hand.

Over the course of 2020, relations are at risk of descending toward a more Cold War-like scenario, further enflamed by rising resentment at China’s lack of transparency in the initial stages of the Covid-19 pandemic. Ultimately, as long as the U.S. remains committed to protecting its economic interests, its advantages in terms of economic freedom, population growth, technological superiority and more efficient allocation of capital are likely insurmountable.
buzai232 Aug 23 '20, 08:33PM
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tvenusa Aug 22 '20, 12:45PM
Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit! Expert 24 Trade is an illegal forex broker, charging an investor 500R for ISR tax, under the guise of a registered company in the United States. Also, a forex trader showed some fake transaction records to lure investors into investing and to convince them that they can get a high rate of return on Expert 24 Trade. Please note that this is a trap.To get more news about WikiFX, you can visit wikifx news official website.   What do you know about the forex scams in South Africa? Please come and join our discussion to win mobile phone credit!  Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://activities.wikifx.com/download/index.html   2.After downloading, please register as a new user. Search “South Africa Event” at the “Wiki Forum” section or find the event post ‘[South Africa Event] Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit!’ at the top trending searches. Leave a comment below the post that includes “What do you know about the forex scams in South Africa” + “Your email address”, and you will be eligible for the prize draw!   After the event, winners will be drawn from the list of eligible users.(the number of winners depends on the total Number of valid comments during the event) It should be noted that each user account is eligible for one entry of the draw, regardless of the Number of valid comments posted. and WikiFX staff will contact the winners about prize collection from the announcement date to 2020/08/07.   Please reply to the notice via email within 7 days and include the following information: WikiFX user name, contact number and mobile carrier. Failure to reply within due time will be deemed as relinquishment to the benefit of the prize, and WikiFX will not further notify the winner or again release the prize entry. 1.This activity is limited to South African users only.   2. If the prize winner is unwilling or unable to provide relevant information, cannot be reached due to the changes in personal information, or cannot complete the prize collection procedures for any other reasons due to the winner's own responsibility, this will be deemed as relinquishment to the benefit of the prize, which the winner should not object.   3. The prize can only be claimed by the winner and cannot be transferred to others or convert to cash if the winner forfeits the prize.   4. The winner should guarantee that all the information filled or submitted is true, correct and belongs to the winner himself/herself rather than any third party. Submission of inauthentic information will lead to disqualification of the participant or canceling of the winner's eligibility. Under such circumstances, the organizer shall not be liable for unable to notify the winner, and the participant shall bear all relevant legal responsibilities for any consequent damage to the organizer or any other third party.   5. If the participant is found, by the organizer or any other third party who report such irregularity to the organizer, to deliberately disrupt and affect others participating in the event through malicious computer program or other methods that clearly breaches the fairness of the event, or engage in any illegal practice, the organizer may immediately cancel participant's eligibility for the event. Other matters unspecified in this document should be handled in accordance with relevant regulations of the organizer, and the organizer reserves the right to make necessary supplement or amendment at any time. The organizer reserves the right to cancel, terminate, modify or suspend the event or relevant activities of the event.
buzai232 Aug 17 '20, 09:20AM
Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit! Expert 24 Trade is an illegal forex broker, charging an investor 500R for ISR tax, under the guise of a registered company in the United States. Also, a forex trader showed some fake transaction records to lure investors into investing and to convince them that they can get a high rate of return on Expert 24 Trade. Please note that this is a trap.To get more news about WikiFX, you can visit wikifx news official website.   What do you know about the forex scams in South Africa? Please come and join our discussion to win mobile phone credit!  Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://activities.wikifx.com/download/index.html   2.After downloading, please register as a new user. Search “South Africa Event” at the “Wiki Forum” section or find the event post ‘[South Africa Event] Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit!’ at the top trending searches. Leave a comment below the post that includes “What do you know about the forex scams in South Africa” + “Your email address”, and you will be eligible for the prize draw!   After the event, winners will be drawn from the list of eligible users.(the number of winners depends on the total Number of valid comments during the event) It should be noted that each user account is eligible for one entry of the draw, regardless of the Number of valid comments posted. and WikiFX staff will contact the winners about prize collection from the announcement date to 2020/08/07.   Please reply to the notice via email within 7 days and include the following information: WikiFX user name, contact number and mobile carrier. Failure to reply within due time will be deemed as relinquishment to the benefit of the prize, and WikiFX will not further notify the winner or again release the prize entry. 1.This activity is limited to South African users only.   2. If the prize winner is unwilling or unable to provide relevant information, cannot be reached due to the changes in personal information, or cannot complete the prize collection procedures for any other reasons due to the winner's own responsibility, this will be deemed as relinquishment to the benefit of the prize, which the winner should not object.   3. The prize can only be claimed by the winner and cannot be transferred to others or convert to cash if the winner forfeits the prize.   4. The winner should guarantee that all the information filled or submitted is true, correct and belongs to the winner himself/herself rather than any third party. Submission of inauthentic information will lead to disqualification of the participant or canceling of the winner's eligibility. Under such circumstances, the organizer shall not be liable for unable to notify the winner, and the participant shall bear all relevant legal responsibilities for any consequent damage to the organizer or any other third party.   5. If the participant is found, by the organizer or any other third party who report such irregularity to the organizer, to deliberately disrupt and affect others participating in the event through malicious computer program or other methods that clearly breaches the fairness of the event, or engage in any illegal practice, the organizer may immediately cancel participant's eligibility for the event. Other matters unspecified in this document should be handled in accordance with relevant regulations of the organizer, and the organizer reserves the right to make necessary supplement or amendment at any time. The organizer reserves the right to cancel, terminate, modify or suspend the event or relevant activities of the event.
buzai232 Aug 17 '20, 09:19AM
Recently the global stock markets soars with irresistible force, the Chinese and US stock market in particular. And driven by new economy, the Nasdak Composite Index hit record high many times, and it closed at 10,492.50 on July 8, another record close high.To get more news about WikiFX, you can visit wikifx news official website.
  This decreased the pressure on USDs liquidity from the market and weakened the safe haven function of USD, putting continuous pressure on the US dollar index. In the short term, the index is more likely to test the low level of 95.716 recorded in May. If it fails to break the level, the index may challenge the low level of 94.650 happened on March 9.


  Faced with a weakening US dollar index, non US dollar currencies bounced back in varying degrees. From a perspective in Macro trend, the Swiss Franc has the best year-to-date performance, up about 3.5% again the USD, ranking the first among all currencies. And safe haven Japanese yen ranks the third, up 1.34% this year, second only
The Swiss Franc performed extremely well because of the relatively stable situation of COVID-19 and better economic data in Switzerland compared with that of other European countries. Therefore, forex traders preferred the Swiss Franc to USD as a safe haven. And market estimates that the Swiss Franc will keep maintaining an edge in the second half of this year. In the short run, USD/CHF appears to approach the low level of 0.9181 of March or the low level of 0.9071 recorded in 2015.
  It is estimated that cautiously optimism pervades the future Japanese yen market, another safe haven. Recent USD/JPY basically fluctuates at the range of 108.16-106.00, being approaching the level of 106.00. And it is likely to break the level and challenge again the major support level of 104.45.
Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
  Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.
buzai232 Aug 17 '20, 09:12AM
With an increasing worse pandemic, AUS/USD keeps being strong with an irresistible force. So far, AUD has dramatically rallied by 27% to 1,500 points since the low level of 0.5506 in March. Two reasons of a strong AUS are in the following.To get more news about WikiFX, you can visit wikifx news official website.
  To begin with, many countries in the world continued to cut interest rate and purchase bonds due to the aggravated pandemic in order to bolster their economy, which, to some degree, helps to fuel the global stock markets. For example, the Nasdaq 100 Index has bounced back to a high level of 10.500 from the low level of 6,772 of March 24, up by 55% to 3,728 points. Even if the situation of COVID-19 continues to worsen, global stock markets show a prolonged recovery, which leads to an outperforming AUD related closely to the markets.


In addition, the economic data in Australia becomes better simultaneously, causing AUD/USD to rise. For instance, more indicators released last week, including AIG Manufacturing Index in June, Building Permits in May, Manufacturing Purchasing Managers‘ Index, AIG Performance of Construction Index and Services Purchasing Managers’ Index in June, performed significantly better than the previous. Based on the favorable factors and better economic data, traders are continuously optimistic about AUD.
  In terms of the expected market trend, more focus should be put on the rate-setting meeting by the Reserve Bank of Australia(RBA) at 12:30 pm Hong Kong time tomorrow as well as the post-meeting statement. Under the current circumstance, the RBA doesnt need to deliver dovish suggestion, so AUD/USD is likely to challenge the upward resistance level of 0.7082. In a short time, it is difficult for the pair to break the major upward resistance level of 0.7206 despite an enormous increase.
buzai232 Aug 17 '20, 09:06AM
USD is experiencing its longest downtrend since 2010, while the consecutive decline recently is the second worst one since April 2011. The future trend of USD is now testing market sentiments.To get more news about WikiFX, you can visit wikifx news official website.
  In terms of GBP/USD, it keeps gaining although GBP is struggling with the lack of progress on post-Brexit trade negotiations with the EU. Meanwhile, USD/JYP makes no advance in the past month, although they both enjoyed yields as safe haven currencies at the beginning.
  USD is the reserve currency which used most heavily in the world. But it is facing a serious systemic problem, that is, how currency stabilization will tend to be in the future. Currently, forex traders should beware of volatility. With more cases of coronavirus confirmed globally, a wider fear may arise from the impact of the epidemic on growth and trade.


  All the above is provided by WikiFX, a platform world-renowned for foreign exchange information. For details, please download the WikiFX App: bit.ly/WIKIFX
Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
  Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.
buzai232 Aug 17 '20, 09:00AM

Colombia Cuts Key Rate to Record as Virus Ravages Biggest Cities

Colombia cut interest rates for a fifth straight meeting as a return to stricter lockdown measures in the nations biggest cities threatens to prolong the worst slump in more than a century.To get more news about WikiFX , you can visit wikifx news official website.
  The central banks seven-member board lowered the key rate by a quarter point to a record low of 2.25% on Friday in a unanimous decision, Governor Juan Jose Echavarria said. The decision was in line with expectations.
  “In these conditions, the balance of risks of monetary policy suggests the appropriateness of giving an additional impulse to the economy,” the bank said in its statement.
The economy is set to contract between 6% and 10% this year, the bank said, from a previous forecast of 2% to 7%.

  Colombia is suffering its deepest downturn since records began in 1905, with the world‘s worst-performing stock market so far this year. Until recently, the nation had been relatively unscathed by the virus compared to Chile and Peru, but that’s changing and the number of new infections has been among the worlds highest in recent days.
  The rolling 7-day average of virus cases is currently at 8,500, according to the European Centre for Disease Prevention and Control. The country has had about 290,000 confirmed infections, still fewer than Brazil, Mexico, Chile and Peru.
  Economists surveyed by the central bank forecast the bank will cut the rate one more time, taking it to 2%. Echavarria has said the board wants to avoid abrupt rate movements that might trigger destabilizing capital outflows.

buzai232 Aug 17 '20, 08:52AM
Car manufacturers always install high-quality headlight bulbs on new cars. And the H11 bulbs are some of the most popularly used types. These are single beam bulbs that are designed for use in the low and high beams and also the fog lights for different vehicles types.To get more news about H11 LED headlights, you can visit iengniek official website.

Like any other bulb type, they will burn out when they get to the end of their lifespan. When this happens, you need to make sure that you choose the best H11 headlight bulbs from the many aftermarket options out there to maintain good visibility.

That said, our H11 headlight bulbs and buying guide below are a good starting point for your search for top quality replacement bulbs.
1. Beamtech Smooth – Best H11 LED Bulb
LED bulbs have a ton of impressive things to offer, and they will hence be perfect for your H11 headlight lamps. These particular ones make use of CSP LED chips for their light source, which delivers up to 8,000 lumens and an excellent 6500K color temperature.

Also, like other LED bulbs, they deliver an exceptionally low heat output for a long lifespan. They achieve this using a special aerospace material that ensures excellent heat dissipation. For their price, the 30,000-hour lifespan is excellent.
2. Hikari V1-H11 – Brightest H11 Bulb
If you are looking for extremely high output headlight lamps to give you the highest level of brightness, the Hikari H11 bulb set should be the first option to consider. The pair of bulbs will deliver up to an impressive 12,000 lumens.

With these headlight bulbs, you will not only get brighter light output, but also an excellent beam pattern. The beam matches the stocks halogen bulb beam and a parallel light output for the best visibility.

Unlike other LED headlight bulbs, these bulbs also have a super-thin heat sink that helps improve the utilization of the light and helps deal with astigmatism. Also, it each bulb makes use of an upgraded cooling system to ensure more effective heat dissipation.
3. Philips 12362VPB2 – Best H11 Halogen Bulb
Philips’ VisionPlus H11 bulbs are designed for superior visibility in the dark. They produce 60% more light than the Phillips H11 standard bulbs to give you 60% better vision on the road and thus the name VisionPlus.

Despite being brighter, they are still affordable and very easy to install, making them the best halogen H11 bulbs in the market. And they also give you a relatively longer service life.

For urban driving, these bulbs are unbeatable because, besides being bright enough and with the perfect color temperature, they have just the right beam pattern for busy urban roads. Additionally, they can also be used as high and low beam headlights, making them very versatile.
buzai232 Aug 17 '20, 08:47AM
Car manufacturers always install high-quality headlight bulbs on new cars. And the H11 bulbs are some of the most popularly used types. These are single beam bulbs that are designed for use in the low and high beams and also the fog lights for different vehicles types.To get more news about H11 LED headlights, you can visit iengniek official website.

Like any other bulb type, they will burn out when they get to the end of their lifespan. When this happens, you need to make sure that you choose the best H11 headlight bulbs from the many aftermarket options out there to maintain good visibility.

That said, our H11 headlight bulbs and buying guide below are a good starting point for your search for top quality replacement bulbs.
1. Beamtech Smooth – Best H11 LED Bulb
LED bulbs have a ton of impressive things to offer, and they will hence be perfect for your H11 headlight lamps. These particular ones make use of CSP LED chips for their light source, which delivers up to 8,000 lumens and an excellent 6500K color temperature.

Also, like other LED bulbs, they deliver an exceptionally low heat output for a long lifespan. They achieve this using a special aerospace material that ensures excellent heat dissipation. For their price, the 30,000-hour lifespan is excellent.
2. Hikari V1-H11 – Brightest H11 Bulb
If you are looking for extremely high output headlight lamps to give you the highest level of brightness, the Hikari H11 bulb set should be the first option to consider. The pair of bulbs will deliver up to an impressive 12,000 lumens.

With these headlight bulbs, you will not only get brighter light output, but also an excellent beam pattern. The beam matches the stocks halogen bulb beam and a parallel light output for the best visibility.

Unlike other LED headlight bulbs, these bulbs also have a super-thin heat sink that helps improve the utilization of the light and helps deal with astigmatism. Also, it each bulb makes use of an upgraded cooling system to ensure more effective heat dissipation.
3. Philips 12362VPB2 – Best H11 Halogen Bulb
Philips’ VisionPlus H11 bulbs are designed for superior visibility in the dark. They produce 60% more light than the Phillips H11 standard bulbs to give you 60% better vision on the road and thus the name VisionPlus.

Despite being brighter, they are still affordable and very easy to install, making them the best halogen H11 bulbs in the market. And they also give you a relatively longer service life.

For urban driving, these bulbs are unbeatable because, besides being bright enough and with the perfect color temperature, they have just the right beam pattern for busy urban roads. Additionally, they can also be used as high and low beam headlights, making them very versatile.
buzai232 Aug 17 '20, 08:46AM
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