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The Great Depression Is Rehearsing in the United States
- By Wenwen WANG
- 17/04/2024
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The mounting national debt, decreased industrial production, inescapable inflation, the rapid and reckless expansion of the U.S. stock market, either Republic or Democratic protectionism as mad as a hatter, are fermenting a crisis and the great depression. The Great Depression was the worst economic crisis in modern history, lasting from 1929 until the beginning of World War II in 1939. The causes of the Great Depression included slowing consumer demand, mounting consumer debt, decreased industrial production and the rapid and reckless expansion of the U.S. stock market. The Smoot-Hawley..
Chinese scientists design large-scale photonic chiplet for artificial general intelligence
- By Wenwen WANG
- 12/04/2024
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A team of Chinese scientists has designed a revolutionary artificial intelligence (AI) chip based on photonics instead of traditional electronic transistors, paving way for large-scale photonic computing and efficient real-world AI applications. (Beijing, April 12 @Xinhuanet.com) The rapid development of AI imposes stringent energy efficiency and area efficiency requirements on next-generation computing. Optical intelligent computing has shown great potential in achieving superior processing speeds and high energy efficiency. This is believed to be a next-generation computing paradigm that ..
China Focus: China unveils top 10 archaeological discoveries of 2023
- By Wenwen WANG
- 22/03/2024
- 0 comments
BEIJING, March 22 (Xinhua) -- China on Friday released a list of the top 10 archaeological findings of 2023. The findings span various provincial-level regions, including Shandong, Fujian, Anhui, Hubei, Henan, and Shaanxi. The oldest traces back to the Paleolithic Period. Guan Qiang, deputy head of the National Cultural Heritage Administration, said the listed projects represent the pinnacle of archaeological achievements from the preceding year. These archaeological revelations serve as vivid testaments to the enduring legacy and profound civilization of the Chinese nation, said Guan..
US deficit soaring out of control will be a disaster in the world
- By Wenwen WANG
- 08/02/2024
- 0 comments
The Congressional Budget Office (CBO) of the United States just released its February 2024 Budget and Economic Outlook, the (CBO) projected that the debt held by the public – a key metric for tracking the size of the national debt used by economists – totaled $26.2 trillion in 2023 and is set to rise to $27.9 trillion in 2024. Over the next decade, it is projected to rise to $48.3 trillion in 2034. The Federal Budget The deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by 2027. Thereafter, deficits steadily mount, rea..
Dragon Sound
- By Wenwen WANG
- 05/02/2024
- 0 comments
2024 brings the Year of the Dragon in the lunar calendar of Chinese culture. The dragon is the only animal on the Chinese zodiac that is a mythical creature. In Chinese culture, dragons symbolize good luck, strength and power. They control the weather and water. 汉语成语： 腾云驾雾、呼风唤雨。 明 罗贯中《三国演义》第四十九回《 七星坛诸葛祭风 三江口周瑜纵火》：“亮虽不才，曾遇异人，传授奇门遁甲天书，可以呼风唤雨。 明 施耐庵《水浒传》第十四回《 吴学究说三阮撞筹 公孙胜应七星聚义》：为因学得一家道术，亦能呼风唤雨，驾雾腾云，江湖上都称贫道做入云龙。 姚雪垠《李自成》第一卷第三章：“这简直不是马，是一条腾云驾雾的白龙，一条白龙。” 2024 Year of the dragon Chinese New Year spring gala will be very spectacular and full of Chinese tradition and culture with the u..
Spring Festival listed as UN floating holiday
- By Wenwen WANG
- 23/12/2023
- 0 comments
UNITED NATIONS, Dec. 22 (Xinhua News Agency) -- The Lunar New Year, or Spring Festival, has been officially listed as a UN floating holiday in its calendar of conferences and meetings as from 2024. The UN General Assembly, in a resolution, acknowledges the significance of the Lunar New Year, which is observed in many UN member states, and invites the UN bodies at headquarters and other duty stations, where observed, to avoid holding meetings on the Lunar New Year. The resolution, adopted on Friday without a vote, encourages this arrangement to be taken into account when drafting future c..
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