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Hivemind: Pump.Fun Sale, Prediction Markets & ETH Comeback?

Empire

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Innovation and Competition: A China-U.S. Perspective

This chapter explores China's innovation programs and financial strategies, particularly focusing on government subsidies in industries like electric vehicles and AI. It highlights the tension between incremental improvements and the lack of groundbreaking innovation in China, while contrasting it with the U.S. creative environment. The discussion also addresses the competitive landscape between Chinese and American firms, raising concerns about China's rapid advancements and the implications for global supply chains.

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