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23.11.25 - 12:12
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China has brought millions out of poverty. The US has not – by choice (The Guardian)
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Despite the US's economic success, income inequality remains breathtaking. But this is no glitch – it's the systemThe Chinese did rather well in the age of globalization. In 1990, 943 million people there lived on less than $3 a day measured in 2021 dollars – 83% of the population, according to the World Bank. By 2019, the number was brought down to zero. Unfortunately, the United States was not as successful. More than 4 million Americans – 1.25% of the population – must make ends meet with less than $3 a day, more than three times as many as 35 years ago.The data is not super consistent with the narrative of the US's inexorable success. Sure, American productivity has zoomed ahead of that of its European peers. Only a handful of countries manage to produce more stuff per hour of work. And artificial intelligence now promises to put the United States that much further ahead. Continue reading......
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23.11.25 - 11:54
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Chinas Großprojekte: Mit KI durch den Felsen (Sueddeutsche)
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China setzt beim Bau eines neuen Tunnels für seine Hochgeschwindigkeitszüge erstmals rein auf eine künstliche Intelligenz, die vorgibt, wo gebohrt und wo gesprengt wird. Das Projekt gilt als Vorbote einer neuen Bauweise....
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23.11.25 - 04:06
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Sellers hope superstition can sell homes in China′s depressed market (SCMP)
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For homeowners in mainland China, selling a property has become so difficult that some are turning to xuanxue, a neo-Taoist philosophy that has morphed into internet slang for any superstitious ritual meant to enhance luck, from feng shui tweaks to cyber talismans.
Praying in temples, buying 'quick-sale' talismans, or simply writing the word “sold” on a piece of red paper are just a few examples.
When a homeowner in Shanghai recently claimed on social media that she found a buyer after praying......
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22.11.25 - 21:03
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US Navy Racing To Recover Crashed Jet And Helicopter From South China Sea (ZeroHedge)
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US Navy Racing To Recover Crashed Jet And Helicopter From South China Sea
The US Navy is working to retrieve an F/A-18 Super Hornet and an MH-60 helicopter from the bottom of the South China Sea—wreckage that analysts say could hand Beijing valuable intelligence if China were to reach it first, according to CNN.
Both aircraft went down within about 30 minutes in late October while operating from the USS Nimitz. All personnel were rescued, and while the Navy has not identified a cause, former President Donald Trump suggested soon afterward that “contaminated fuel” may be responsible.
The Navy confirmed Friday that a salvage vessel is already on-site. “USNS SALVOR (T-ARS 52), a Safeguard-class salvage ship operated by Military Sealift Command, is on-scene conducting operations in support of the recovery efforts,” said Cmdr. Matthew Comer of the 7th Fleet. The Salvor can lift up to 300 tons—far more than the weight of either aircraft.
CNN writes that experts warn that both wrecks cont...
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22.11.25 - 20:00
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Lawmakers Want To Block US Purchases Of Chinese Chipmaking Equipment (ZeroHedge)
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Lawmakers Want To Block US Purchases Of Chinese Chipmaking Equipment
Authored by Catherine Yang via The Epoch Times (emphasis ours),
A bipartisan group of lawmakers introduced the Chip EQUIP Act on Nov. 20, with the goal of prohibiting American companies from buying Chinese chipmaking equipment.
Technicians work on chip processing equipment at a semiconductor manufacturing plant in Suqian, in eastern China's Jiangsu province on Oct. 20, 2025. AFP Photo
Rep. Zoe Lofgren (D-Calif.), ranking member of the House Science, Space, and Technology Committee, and Rep. Jay Obernolte (R-Calif.), chair of the Research and Technology Subcommittee, introduced the bill in the House. It was co-sponsored by Reps. Raja Krishnamoorthi (D-Ill.), John Moolenaar (R-Mich.), Greg Landsman (D-Ohio), and Erin Houchin (R-Ind.).
Sens. Mark Kelly (D-Ariz.) and Marsha Blackburn (R-Tenn.) are expected to introduce the bill in the Senate in early December.
The Chips EQUIP (Equipment Quality, Usefulness, and Integrity Protect...
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22.11.25 - 09:30
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How Cop30 highlights the power of Chinese state capitalism (SCMP)
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It is not quite true to say that China stole the show with its strong presence at the recent Cop30 climate summit in Belem, Brazil, because the United States had already voluntarily abdicated its lead role in these events. However, the summit did underline the staying power of state versus market economies when it comes to long-term investment.
The truth is that Western approaches to climate change prevention or alleviation have been half-hearted and muddled from the start. They have relied......
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