Category: Business

The Rise of the Chinese Economy in 40 Years

By | January 3, 2019

The Asia’s super economic power China is competing behind the united states after following late notable leader Deng Xiaoping remarkable the “reform and opening up” policy. Four decades after the policy was introduced, the following changes took place in Chinese history. The Chinese economy multiplied 42 times between 1980 and 2017, increasing from$305 billion to… Read More »

Rechargeable Lithium Battery Made Possible by Chemists

By | December 24, 2018

The dream of making lithium battery rechargeable due to its high theoretical energy density and their less weight came true. The chemist from the University of Waterloo successfully solved the issues of chemistry and stability. Thus they have created a near 100 percent coulombic efficient working rechargeable battery. Based on their study, they found four… Read More »

ABB’s Power Grid Business Goes to Hitachi

By | December 19, 2018

Swiss-based engineering company ABB is selling its 80% stake from power grid business to Hitachi. The deal is worth $11 billion dollars. Hitachi is a Japanese company into power grid business will become a major player after the acquisition. $7.6 to $7.8 billion will be given to the shareholders after the deal. The shareholders will… Read More »