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Scott Kennedy, an expert on China’s economy, once called it a “fat tech dragon”, ingesting vast amounts of resources while producing meagre creative sparks. The dragon is getting in shape. In a new ranking of the most innovative countries, China has overtaken Germany to break into the top ten. See which country
claims the top spot.
And Donald Trump has sent firms scrambling by proposing a
steep charge on H-1B visas.
The announcement was keenly felt in India: three-quarters of the visas are scooped by its citizens. But the country’s IT-service firms and tech workers are well-placed to adapt. |