In 2024, the rapid production of electric vehicles (EVs) enabled China to surpass Germany as the world’s largest automobile manufacturer. But as recently as 2022, China was still a net importer of automobiles. Through the journey of EVs, we peel back the layers of China’s intricate tech ecosystem and examine whether China can repeat the same feat with other frontier technologies.

China’s local government financing vehicles (LGFVs) are financial entities created to fund local governments, yet they have evolved into a potential systemic risk. We dive in and discover more than we could have imagined lurking below the surface.

The rise of stablecoins mirrors the rise of eurodollars after World War II, except this time it’s on-chain deposits instead of offshore deposits.Eurodollars, offshore U.S. dollar deposits, helped entrench the U.S. dollar as the global reserve currency. Will U.S. dollar stablecoins cement the greenback’s world-leading status?

Money is not everything. Happiness correlates positively with per capita GDP; however, happiness can vary significantly even between countries with the same income. Other factors, such as social support and freedom to make life choices, significantly contribute to increased happiness. While one would assume that migrants want to move to Finland, the "happiest country," the United States remains the most desirable country for immigrants to “vote with their feet.”