China’s spending on research and development rose to a record high last year as Beijing moves to become more self-sufficient in areas such as chip development. China’s National Bureau of Statistics said that research and development spending rose to 2.44 trillion yuan ($378 billion) in 2020, up more than 10% when compared with a year earlier. That comes despite the Covid-19 pandemic, which...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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