“I was told that many in his team have an opinion that Obama was not right not to join the AIIB, especially after Canada joined (…) So we can’t rule out the new government in US endorsing the AIIB or indicating interest to join as member.” Source: People’s Daily
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Four European leaders have called for a European “Federal Union” to strengthen the relationship between states as Brussels approaches its first “divorce settlement” on its 60th anniversary. Representatives from lower parliament chambers in France, Italy, Germany and Luxembourg wrote a letter in La Stampa, an Italian newspaper. Source: Express.co.uk
The increasingly rapid adoption of industrial robots on Chinese production lines is set to hasten the fall in manufacturing employment. Among companies that intend to purchase robots in the coming 12 months, 72.7% said this would mean job losses, according to a Financial Time. Source: CHina Economic Review