Modernization

China's economy regains momentum, a new path for modernization for non-Western countries, Chinese chipmaker SMIC is developing 3nm fabrication processes, imperial appropriation to advanced economies.

UPDATE: While pundits not long ago were debating China’s rise, the emerging consensus is now heralding an end to the ‘China miracle’. China’s old model of credit-fuelled, investment-driven growth has been severely undercut by the real estate crisis, as well as weak consumption and export demand. But recent data suggests that recovery has regained moment…