Elon Musk released the first picture of the Boring Company’s Los Angeles tunnel. The Boring company was permitted to dig a tunnel in Los Angeles and Maryland and is working to get permission for a New York to DC tunnel. Elon Musk says traffic jams will be eliminated with multi-level tunnel networks for cars. The …
Fifteen years ago, if you added up the gross domestic product of all China’s 31 provinces, you’d get a number more than 10 per cent larger than the official national total. By around 2019, the country will “nearly eliminate” that gap, according to Sheng Laiyun, chief economist of the National Bureau of Statistics. China is …
China and the USA will have increased their combined share of world nominal GDP over the next 15 years. Japan in third place will drop to about one fourth the nominal GDP of the second place country (China) in 2024. Currently Japan has about 40% of China’s nominal GDP. If India does not have high …
Chinese President Xi Jinping’s campaign against inflated economic data is starting to catch on, with Liaoning Province reporting a plunge in nominal gross domestic product that likely reflects a departure from past practices. Real GDP in the northeastern province grew 2.1% on the year in January-June, and both consumer and wholesale prices gained. Nominal GDP, …
Here are the top 60 cities in China ranked into Tiers from Alpha through lower Tier 3 cities. The top 60 cities in China have 300 million people and 52% of China’s economy. The household earning over RMB30000 will increase to 220 million by 2020. Brian WangBrian Wang is a Futurist Thought Leader and a …
Motortrend test drove the new Tesla model 3. Motor Trend’s review says the Tesla model 3 has great handling and great acceleration. A 2.0-liter Alfa Romeo Giulia feels like a wet sponge by comparison. * infographics reside on a 15.4-inch, landscape-oriented multitouch screen that’s perched on an austere, sweeping, almost Scandinavian-simple * a Premium (add …
Stansberry Churchouse makes a bullish case for China’s future economy. They basically make the case for China to sustain GDP growth of 5% per year from now to 2030 and then 4% per year from 2030-2055. China would then have per capita income equal to what the USA has today. The USA would have about …
China One Belt, One Road is promising more than $1 trillion in infrastructure and spanning more than 60 countries from now to 2021. * power plants in Pakistan are part of an expected $46 billion worth of investment * tunnels and bridges and a 260-mile railway in Laos is a $6 billion project * hundreds …
Elon Musk showed a teaser image for Telsa’s forthcoming electric semi truck. Elon will have a full reveal of the electric semi truck in September. The electric tucks is also self-driving. It is powerful enough to tow a regular big rig up a hill and it handles like a sports car. Brian WangBrian Wang is …