Economy

Unveiling Gallium’s Dark Side: Economic and Geopolitical Challenges in Semiconductor Production Gallium’s dark side emerges as an intriguing aspect of its rising prominence in semiconductor technology. While gallium oxide offers promising benefits such as low energy consumption and suitability for high-tech applications, its production comes with significant challenges. The high cost of iridium needed for […]

To address the “Final Solution to the Gini Problem,” we must look beyond the surface of income inequality and explore systematic solutions that effectively close the income gap. The concept is simple: align wages with economic growth to ensure equitable distribution. This approach, exemplified by China’s “Fifty-Eight Percent Solution,” involves allocating a fixed percentage of

In the evolving landscape of global finance, a word about mBridge reveals its pivotal role in transforming cross-border payments. Launched by the PBOC in collaboration with Basel’s Bank for International Settlements, mBridge addresses the inefficiencies of traditional dollar-dominated payment systems. With its ability to instantly convert yuan and dirham transactions, mBridge significantly reduces both execution