US employment: did job creations and earnings slow in April?

Emploi US : ralentissement des créations d’emplois et des salaires en avril ?

The dual objective of China’s competition quest: mitigating structural deceleration and great power rivalry

The Chinese economy has been decelerating for over a decade and will likely continue to do so, given the structural forces pushing it in this direction, such as an increasingly low return on assets but also aging. China’s single ‘silver bullet’ to mitigate such structural deceleration is innovation. To counter the downward pressures to development, and to increase domestic productivity, the central government is doubling down on its quest for industrial upgrade and technological innovation. Progress is visible. China has risen to the top in terms of number of scientific publications and patent...