Why people get happier as they get older

As people age, they gain what they spend their lives pursuing: happiness. Life is not a long slow decline from sunlit uplands towards the valley of death. It is, rather, a U-bend. Ask people how they feel about getting older, and they will probably reply in the same vein as Maurice Chevalier: “Old age isn’t so bad when you consider the alternative.” Stiffening joints, weakening muscles, fading … https://bit.ly/2XXScEB

Open standards, not sanctions, are America’s best weapon against Huawei

America needs a new way to deal with the Chinese telecoms giant. Its own tech industry points the way. Technology is power. Whoever controls the global digital infrastructure controls the world. That is why America is so worried about China’s rise as a technological superpower. It also explains why it is going to such lengths, even using European-style industrial policy, to rein in Huawei, … https://econ.st/2RB8QFV

The road – China is making substantial investment in ports and pipelines worldwide

Many are worried they could be used for military or other strategic purposes. No chinese reference to the maritime Silk Road is complete without mention of the voyages of Zheng He. The eunuch admiral, a Muslim at the Ming court, led seven voyages in the early 15th century in a fleet of vast sailing barges known as “treasure ships”. The official narrative is that he went abroad to spread peace, … https://econ.st/37klGO5

The Chinese century is well under way

WHEN SCHOLARS of international relations predict that the 2000s will be a “Chinese century”, they are not being premature. Although America remains the lone superpower, China has already replaced it as the driver of global change. There is one economic metric on which China already ranks first. Measured at market exchange rates, China’s GDP is still 40% smaller than Ame … https://econ.st/2PgS8wN

China grapples with trademark infringement—of its own brands – Pigs to market

PEPPA PIG was the target of China’s online censors earlier this year when the pink porcine character for toddlers was co-opted by unruly Chinese teenagers as a subversive symbol. But the popular piglet is also the object of another sort of unwanted attention: the registration of trademarks related to the brand by foreign “squatters”, who hope to benefit as counterfeiter … https://econ.st/2RCIRMP