Shenzhen–Where China’s Economic Miracle Began

Shenzhen, 2019 In 1980 Shenzhen was an unimportant fishing village adjacent to Hong Kong’s new territories. Its population was 30,000.  Today Shenzhen on a per capita basis is China’s richest city. Its population is 13 million, having become the world’s fastest growing city ever. Shenzhen is a technology center–headquarters for Huawei and Tencent. It has the world’s 4th biggest container port and China’s 5th busiest airport.   During … Continue reading Shenzhen–Where China’s Economic Miracle Began

Tesla’s Future Linked to Nevada Gigafactory

SPARKS, NEVADA:  At Tesla’s annual general meeting June 11thElon Musk observed that five years ago the Gigafactory didn’t exist. It was merely a vast expanse of rocks and dirt. Today it is a sprawling three-story red and grey building stretching across the desert.  Its footprint equals a dozen football fields and is expected to become the world’s largest building. This is where half of the … Continue reading Tesla’s Future Linked to Nevada Gigafactory

Wisdom from Buffett and Munger in Omaha

OMAHA, NEBRASKA: The U.S. and China will pull back from having a trade war predicts Warren Buffett, the sage of Omaha. Speaking at Berkshire Hathaway’s annual meeting, Buffett said “the U.S. and China are going to be the two super-powers of the world, economically… we will have disagreements but the benefits (of the trade relationship) are huge and the world is dependent on it in … Continue reading Wisdom from Buffett and Munger in Omaha