China’s currency is appreciating 10% per year from exchange rate increases and inflation differences between China and the United States.
* Beijing’s holdings of foreign cash and securities amount to $2.85 trillion – a jump of 20 percent over the year before
MIT economist Simon Johnson says the damage from the financial crisis and its aftermath have dealt U.S. prominence a permanent blow. He predicts the (Chinese) Yuan will be the world’s reserve currency within two decades
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
netseer_tag_id = “2397”;
netseer_ad_width = “750”;
netseer_ad_height = “80”;
netseer_task = “ad”;
Ocean Floor Gold and Copper
Ocean Floor Mining Company
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.