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It is no secret that the world is changing. Europe and the United States are no longer the sole sources of innovation and technology as their dominance is constantly decreasing. Along with that, East Asia (China in particular) is becoming an increasingly dominant player in the financial sphere. There is a consistent increase in the flow of initiatives and capital from the east to west.
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There are many reasons for this trend, the main one being the low growth rate of European economies and the ... (read more)