China to launch Shenzhou-18 crewed spaceship on April 25

Summary”Today is a moment in Chinese economic history that may be quite important for the next 10 or 20 years,” he said. First, as most of China’s infrastructure has already been built, real estate will no longer play a significant role in investment.Second, it is important to produce good “valuable GDP,” which means generating GDP that actually benefits the current or future welfare of the Chinese people, rather than creating things that will never be used in reality.The creation of useless GDP should be avoided, he warned. And the last one that did absorb a lot of these savings is this huge real estate building boom. Despite facing pressures from economic adjustment costs and tensions among major powers, the momentum of globalization remains strong.In recent years, Western companies have increasingly…