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Hundreds of drones form a light show in Shenzhen, China, in December 2020Liu Bo鈥擵CG/Getty ImagesIdeasBy Klaus SchwabAugust 11, 2021 5:17 PM EDTSchwab is the Founder and Executive Chairman of the World Economic Fo stanley cup rum. It hasnrsquo;t always been easy to discern from a Western vantage point, but the rise of China and Asia has been the most important economic development of the past four decades. In 1979, many Chinese people had an average income of less than a dollar a day. Today, Shenzhen, Chinarsquo stanley cup tech capital, has a per capita GDP of almost $30,000. The city is home to tech giants such as Huawei, Tencent and ZTE, and a maker movement of tech startups. And many other Chinese cities, including Hangzhou, Shanghai and Beijingrsquo Zhongguancun home to TikTok creator ByteDance , made equally impressive progress.When I visited the country for the first time in April 1979, it was still reeling from two centuries of turmoil. But Chinarsquo new leader, Deng Xiao-ping, had already begun pursuing an experimental set of policies, borrowed from Singapore, called Reform and Opening-Up. In its early days, it consisted of creating Special Econom stanley cup ic Zones. In cities such as Shenzhen and Fuzhou, foreign direct investment was welcomed, and many features of a market economy were introduced. The economic development it spurred was then used as a flying wheel to create further growth and learning down the road.It turned out to be a runaway econ Azbx Alleged Brazil Serial Killer Confesses to 42 Murders
Office for AndroidMicrosoftBy Dan KedmeyJune 24, 2015 5:13 PM EDTMicrosoft removed the preview label from its Office apps for Android smartphones on Wednesday, ugg declaring the latest release of its producti adidas samba vity suite officially ready for prime time.The announcement comes five weeks after Micro air max 1 soft released the apps in preview mode to Android users, in a sort of public beta test that spanned 83 countries and 1,900 different Android phone models.We heard from thousands of these users, Microsoft corporate vice president Kirk Koenigsbauer wrote in a public statement, and over the last few weeks we were able to incorporate a lot of their feedback into the apps wersquo;re launching today.The current release won ;t work across every last Android device, particularly older models with tight memory constraints. But the vast majority of Android users can now download mobile versions of Word, Excel and PowerPoint for free from the Google Play store.More Must-Reads from TIMEHow the Economy is Doing in the Swing StatesHarris Battles For the Bro VoteOur Guide to Voting in the 2024 ElectionMel Robbins Will Make You Do ItWhy Vinegar Is So Good for YouYou Dont Have to Dread the End of Daylight SavingThe 20 Best Halloween TV Episodes of All TimeMeet TIMEs Newest Class of Next Generation LeadersContact us at letters@time