We discuss the matter with Ferdinand Fichtner, Head of Forecasting and Economic Policy at the German Institute for Economic Research (DIW).
US internet behemoth Google has announced it's investing half a billion dollars in China's second-largest e-commerce company, JD.com. The move is meant to expand its retail services around the world.
After more than a century in the US blue-chip stocks index, the slumping industrial giant will lose its place to pharmacy chain Walgreens Boots in a shift highlighting the fundamental change in the US economy.
The chief executive of Brazil's troubled oil company Petrobras has stepped down following a devastating truckers' strike over high fuel prices. He feared the firm might "lose its hard-won autonomy."
After all, it's better to play it safe. As it becomes a global tech power, China is investing in technologies that have pitfalls, including blockchain technology, says DW's Frank Sieren.
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