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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (126241)	12/15/2016 1:58:21 AM
From: TobagoJack	1 Recommendation Recommended By marcher Read Replies (2) \| Respond to of 217543

Re <<In the case of China what made China was external forces: the Exporting model was a external creation that was already working when China opened up to a capitalist style economy.>> ... I see what you mean, that out of the too many countries that wish to export manufactured goods, the world picked China to do it. I had alway thought it was a case of reform, rejuvenation, re-start, learning, studying, saving, investing, and overseas Chinese helping out. Hmmnnn ... am going to have to think which view is correct. Re <<China mainland looked to that tiny island of Taiwan and thought: What that Taiwanese can do we mainlanders can do too.>> ... interesting, and Here i thought China being a continental economy w/ internal needs, and sure, export at the fringes, on the margin, etc etc. Re <<What made Japan, Taiwan and the rest of Asia was the exporting model.>> ... I suppose it could be that China is only a bigger Japan or a huge Taiwan, but then I would have to guess I suppose wrong. Re <<But now the exporting model is dead.>> ... I best figure out a ready explanation for absolute as well as relative increases in export, and figure out why the value-add content is also increasing. Re <<One friend one time, rather unelegantly I would say brutally said: "The Filipinos have and advantage over the Indonesians. They know that they are clueless.>> ... observe that it is easier to do business in the Philippines than in Indonesia, because the Filipinos only pray once per day whereas theIndnesians do so twice every 24 hours. Re <<That is what China lacks. People who can function in the modern economy. They will keep doing wonders inside China but once they go out, they are out of their depth. The worrying thing is that they do not know that they are out of their depth.>> ... Yeup, look at all the failed Chinese all around the world. Re <<A small country without pretense to be a world power can function without bigger % of people who can function in the modern economy. China got too big but with a tiny % of what is called Intelligentsia.>> ... and I thought I it took was studying, learning, adapting, saving, investing, and working. I guess I am wrong. Re <<You have not forgot the theory of natural size which uses the British Empire and is applied to the US end of last century. That we can apply to any country. Which points to Japan return to insignificancy that they came from. They did well, but they will return to their natural size. And that is what make China just a blip on the screen. They come and they quick go back to their own natural size.>> ... Yeup, I suppose the natural size of everything China is naturally small. No hope of returning to 36% of global GDP then. Please do excuse me while I recover ...

To: elmatador who wrote (126241)

3/6/2018 6:31:34 PM

From: TobagoJack

Read Replies (1) | Respond to of 217543

re <<back to their own natural size>>

you are correct on the sentence

as trajectory tracking well, way-points calibrated, timing more rather than less spot-on, and all seems okay, etc etc

wondering what if anything your economist source utters, and what you might be seeing on the african continent

bloomberg.com

China's Economy to Overtake Eurozone This Year
More stories by Michelle JamriskoMarch 7, 2018, 12:01 AM GMT+8

By
Michelle Jamrisko

China growth running at triple the rate of the 19 euro nations

Total economy of Asia surpassed all of the Americas in 2016In another sign that the “Asian century” has arrived, China is on course to overtake the euro area in the size of its economy this year.

China’s gross domestic product is forecast to reach about $13.2 trillion in 2018, beating the $12.8 trillion combined total of the 19 countries that use the euro, according to data compiled by Bloomberg. In 2017, the euro cohort edged China by less than $200 billion.

Seeing RedChina is set to overtake the entire Euro area economy in 2018

Sources: Bloomberg, World Bank, International Monetary Fund

Notes: Charts nominal GDP levels; 2017, 2018 Bloomberg survey medians used where official data unavailable as of Feb. 26, 2018. IMF GDP deflators used to convert from real levels.

“It’ll overtake and then persist,” said David Mann, Singapore-based global chief economist for Standard Chartered Bank. “It’s a function of the economic system, institutional infrastructure, education and hard infrastructure -- all of which have been moving in Asia’s favor.”

Asia -- including powerhouses Japan and India as well fast-emerging emerging nations such as the Philippines and Indonesia -- already crowded out the combined economies of North and South America in 2016, according to data compiled by Bloomberg. And the faster average growth pace in Asia is set to be a boon to that yawning gap for many years.

China’s leaders, convening in Beijing for the National People’s Congress, have doubled down on President Xi Jinping’s ability to keep growth stable, having removed the limit on his rule. The world’s second-biggest economy is weathering a gradual slowdown as Xi tries to manage a shift from the low-wage, high-exports model of the past to a more balanced mix where stronger domestic spending plays a greater role.

To do so, China faces numerous challenges. It will have to manage ballooning debt, financial markets need to open to global investors, and the government will have to adjust to a rapidly aging population. The UN projects that a quarter of its residents will be over 60 by 2030.

China should grow at a pace of at least 6 percent for the rest of this decade and keep up a 5 to 5.5 percent rate throughout the 2020s, Mann projected. He said it’s hard to argue that growth in the euro area would be much above 2 percent for the next couple of decades.

Here’s How Fast China’s Economy Is Catching Up to the U.S.

While it’s tricky to compare the growth data across large swaths of time, the best guess as to the last time China’s economy overshadowed Western Europe was around the mid-1800s, said Aditya Bhave, global economist at Bank of America Merrill Lynch, citing figures compiled by the Maddison Project at the University of Groningen in the Netherlands.

China’s rising trajectory would help return the global economy to a state that’s persisted through most of history, with the last 150 years being an outlier in which Western economies outweighed those in the East, Mann said.

“China’s rapid re-emergence as an economic powerhouse -- remember it used to be the world’s largest economy in the 1800s -- has enormous implications,” said Rob Subbaraman, head of emerging market economics at Nomura Holdings Inc. in Singapore.

“The impact of China on global financial markets and commodities is no longer trivial. But its economic size also brings economic tensions in terms of market share competition in trade and investment” as well as foreign policy tensions, according to Subbaraman.

NOTE: Bloomberg’s projections for this year compare nominal gross domestic product levels. For 2017, government-reported growth rates were used where available. Bloomberg survey forecasts were used for 2017 growth rates not yet reported, and for 2018 projections. GDP deflator estimates from the International Monetary Fund were employed to convert real GDP to nominal levels.

To: elmatador who wrote (126241)	3/7/2018 5:04:20 AM
From: TobagoJack	Respond to of 217543

China copying ... the general practitioner ecns.cn China's AI-general practitioner system starts hospital trial 2018-03-05 16:21 Xinhua Editor: Gu Liping An AI-general practitioner system developed by a Chinese tech firm has started its "internship" in a community hospital in east China's Anhui Province. The system called "AI doctor assistant" can listen to doctors diagnosing inquiries with patients and automatically produce e-documents for patient case reports. Hu Jingyun, director of the Shuanggang Community Health Service Center in Luyang District of Hefei, the provincial capital, said the AI assistant could quickly review patient case histories and suggest prescriptions based on data in similar cases. The system was developed by Shenzhen-listed iFlytek in partnership with Tsinghua University. The company's medical robot passed China's national medical license examination with a high score in 2017. It was the world's first robot to pass a national medical license examination. The company said it had optimized the robot technology in the development of the "AI doctor assistant," equipping it with intelligent voice functions and self-learning abilities. Currently, the system's diagnosing reports and prescriptions still need the signatures of doctors for approval. Ke Manxue, a health official in Luyang District, said the district would use the "AI doctor assistant" to improve grassroots medical services, as it could ease the workload of general practitioners in outpatient visits. Related news Tencent to advance into new AI areas 2018-03-03 AI development needs global cooperation, not China-phobia 2018-03-02 Chinese tech firm joins M

To: elmatador who wrote (126241)	3/7/2018 5:08:59 AM
From: TobagoJack	Respond to of 217543

China copies ... your voice dailymail.co.uk Creepy AI by China's Baidu can accurately mimic your voice after listening to it for just ONE MINUTE The Chinese answer to Google can now clone your voice using AI after hearing you talk for just one minute. Baidu, who created this creepy technology, says it could also be used to create personalised digital assistants and automatic speech translation services (stock image) Researchers from the Beijing-based technology firm trained its text-to-speech synthesis system on more than 800 hours of audio, taken from around 2,400 different speakers. To work at its best, Deep Voice requires 100 five-second sections of sound but it can trick a voice recognition system 95 per cent of the time with just ten five-second samples. The technology could duplicate the voices of people who have lost the ability to use their voice, developers say. Related Articles Whatsapp will now let you recall your embarrassing messages more than an HOUR after they have been sent Would you eat a 'lab burger'? Synthetic meat created from animal stem cells could be on the shelves by the end of this year, claims expert The deadliest animals in America revealed: Study finds more people are killed each year by FARM ANIMALS, insects, and dogs than large predators Uber and Lyft drivers make less than $4 per hour and many are LOSING money by doing the job, shocking study finds Children could also be read to by their parent's voice, even if they're far away. 'From a technical perspective, this is an important breakthrough showing that a complicated generative modelling problem, namely speech synthesis, can be adapted to new cases by efficiently learning only from a few examples,' Leo Zou, a member of Baidu's communications team, told Digital Trends. 'Previously, it would take numerous examples for a model to learn. Now, it takes a fraction of what it used to.' Deep Voice can also change the output of your voice to reflect a different gender or accent. Audio is processed by Deep Voice, and can then be used to generate new speech in the same voice. The text-to-speech synthesis system was trained on more than 800 hours of audio taken from around 2,400 speakers Deep Voice learns which sounds go with a text as well as the quirks of how someone communicates, creating you a robot-self indistinguishable from how you really talk (stock) Researchers say there are many applications of this technology, including helping people who have lost their voices to communicate. 'Hundreds of characters in a video game would be able to have unique voices because of this technology', Mr Zou said. 'Another interesting application is speech-to-speech language translation, as the synthesizer can learn to mimic the speaker identity in another language.' Baidu researchers are not the first ones to make voice-replicating AI. Last year, a project called Lyrebird used neural networks to imitate people, including Donald Trump and Barack Obama. HOW DOES VOICE IMITATION WORK?Baidu's AI Baidu's AI learns what sounds go with what texts as well as the quirks of how someone communicates. It can clone your voice using neural networks after hearing you talk for just one minute. The text-to-speech synthesis system Deep Voice was trained on more than 800 hours of audio taken from around 2,400 speakers. To work at its best, the Deep Voice technology requires 100 five-second sections of sound. However, it can trick a voice recognition system 95 per cent of the time with just ten five-second samples. The technology could duplicate the voices of people who have lost the ability to use their voice, developers say. Children could also be read to by their parent's voice, even if they're far away. The Lyrebird The Lyrebird service allows users to compress the individual characteristics of a voice into a single key which means users can generate 1000 sentences in less than half a second. Not only can users create voices but they can control the generated voice too - for example making it sound angry, sympathetic or stressed. The creators say the application will have a wide range of applications, including personal assistants, reading for audio books with famous voices and speech synthesis for people with disabilities. The team also believe it will be used for animation movies and for video game studios. Developers acknowledge that this could have dangerous implications such as 'misleading diplomats, fraud and more generally any other problem caused by stealing the identity of someone else'. By releasing the technology publicly the team believe audio recordings will no longer be used as evidence or for identification in the future. Using artificial intelligence (AI) the Lyrebird service uses a voice-imitation algorithm to mimic a person's voice and have it read any text with a given emotion. The Canadian AI startup relies on deep learning models developed by PhD students at the University of Montreal. The technology is named after the Australian lyrebird which can mimic 20 species at the same time. The service uses AI to compress the individual characteristics of a voice into a unique code. Developers say this code can be fed through algorithms to generate 1,000 sentences in less than half a second. Not only can algorithms synthesise voices but they can control the generated voice too - for example making it sound angry, sympathetic or stressed. On the website, Lyrebird.ai samples using the voices of Donald Trump, Barack Obama and Hillary Clinton illustrate how accurate the technology is. The creators say the AI will have a wide range of applications, including personal assistants, reading for audio books with famous voices and speech synthesis for people with disabilities. The name of the technology is inspired by the Australian lyrebird (pictured, stock image). It has a highly sophisticated larynx and can mimic 20 species at the same time Developers acknowledge that this could have dangerous implications such as 'misleading diplomats, fraud and more. By releasing the technology publicly, the team believe audio recordings will no longer be used as evidence or for identification in the future. The name of the technology is inspired by the lyrebird - one of Australia's most well-known and loved birds. It easily mimicking any sounds, from chainsaws to car-horns and all the birds of the rainforest. Mixed in with it's own unique sounds of clicks and song, they can also be heard mimicking other birds and even mammals. The company says its speech technology is still 'in beta' with no mention of when it will be released or how much it would cost.

To: elmatador who wrote (126241)	3/7/2018 9:04:44 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217543

Maybe you are right, that the financial economy is not the real economy Tracy says you are wrong on many biases you exhibit I believe Tracy is correct, because she gives a hoot to mathematical logic, physical evidence, and is not viewing China from somewhere in deepest Africa. bloomberg.com Chinese Stocks Offer Hint at Innovation ProwessThere's a myth that the Asian nation only excels at stealing intellectual property from others. More stories by Tracy ChenMarch 7, 2018, 11:00 AM GMT+8 The potential for a trade war between the U.S. and China may be intensifying, but don't forget the innovation war. Although the U.S. has stopped short of labeling China a “Strategic Competitor,” the Trump administration has effectively perpetuated the myth that China only excels by stealing intellectual propertyfrom others. Investors shouldn't believe the rhetoric. With the world’s largest cashless transaction volume, fastest big-data computing capability, largest electric-car market share, most advanced high-speed rail network, the stereotype of China as a copycat is outdated. In certain areas, China is a trendsetter and a formidable competitor to Silicon Valley. With a 41 percent concentration in the information-technology sector, the MSCI China index has been outperforming the Shanghai Composite Index, which has more of a concentration in the financial sector. Plagued by an aging population, mountains of debt and narrow profit margins from low value-added manufacturing, China depends on enhanced productivity through innovation to produce growth. Here are some developments that should challenge widely-held views: China successfully cloned a pair of monkeys in January.Of the 4,500 exhibitors at the annual Consumer Electronics Show in Las Vegas on Jan.8, more than a third were from China,In 2016, China's mobile payments totaled $9 trillion, dwarfing the $112 billion in the U.S., according to the Wall Street Journal.Many Chinese nationals who worked in Silicon Valley are returning to China to take advantage of the government's “Thousand Talents Program,” which provides venture capital funding, higher pay, and free housing to start-ups. World Intellectual Property Organization statistics for 2016 show China's volume of patent filings and research papers trails only those of the U.S. and Japan.As of September 2017, China ranked No. 2 in the number of unicorns, or start-ups valued at $1 billion or more, behind only the U.S. China Daily reported that there have been "four great new inventions” developed in China in recent years: dockless shared bicycles; the world’s longest high-speed rail network; Alipay -- the world’s largest mobile and online payment service provided by Alibaba; and the worlds’ largest and fastest-growing E-commerce market. Chinese policy makers have encouraged companies to become globally competitive in high-value, high-margin sectors by providing state funded research and development and innovation incubators, promoting overseas acquisitions and inviting multinationals to set up R&D centers in China. China’s share of global R&D spending is second only to the U.S. A favorable 15 percent tax rate for high-tech companies has been a boon. However, the government’s role as the “Visible Hand” is a double-edged sword. The government’s protection of Chinese firms from foreign competition can leave them isolated from global innovation and foster backlashes. China also benefits from a large and cheap talent pool. About 7 million graduates are produced every year, and those with STEM skills come cheaper than their U.S. equivalents. The lack of entrenched legacy systems like credit-card usage has enabled the fast adoption of internet and mobile technology. Large amounts of data on Chinese customers who are nonchalant about privacy makes them the ideal testing ground for e-commerce. At the same time, high household and corporate savings are a good source of funding for venture capital. Innovation is the new religion in China, and it's just getting started. There's no reason to think it can't transition from incremental innovation to disruptive innovation. Bloomberg ProphetsProfessionals offering actionable insights on markets, the economy and monetary policy. Contributors may have a stake in the areas they write about. To contact the author of this story: Tracy Chen at tchen59@bloomberg.net To contact the editor responsible for this story: Robert Burgess at bburgess@bloomberg.net