How China Became the World’s No. 1 Economy in Four Decades

  How China Became the World’s No. 1 Economy in Four Decades  by Peter Wong   Its impressive achievements are thanks to perseverance and the far-reaching economic and societal changes that have been introduced since 1978. Within our lifetimes, China has transformed from an agrarian economy to a world-beating digital and consumption-led powerhouse, driven by smartphone-wallet…

Alibaba Will Beat Amazon to Become the First Trillion-Dollar Internet Company, Analyst Says

MKM Partners says Alibaba can reach a $1 trillion valuation by 2020. “We think that BABA may have the best chance among Internet mega-caps to become the first $1 trillion company,” the firm’s analyst writes.   These companies are in the race to a $1 trillion valuation  14 Hours Ago | 04:32 MKM Partners predicts Alibaba will reach…