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By analyzing the experiences from 180 countries over the past six decades, the IMF has found that trade integration clearly boosts investment — in plant, machinery, and many other high job-creating areas. Conversely, trade barriers clearly damage investment and employment, she said.

But, strange and wondrous is the way convergence, synergy, and interconnectedness work these days. ICT and automobiles are more closely connected today than ever before, thanks to the advent of 5G, the internet of things, robotics, automation, big data, AI and the like.

By June, Alibaba's annual active consumers on Chinese retail marketplaces reached 742 million, almost half of China's total population. Mobile monthly active users reached 874 million by the end of June, 28 million more than the number in March 2020, with a large number of new consumers coming from less developed regions, the company said.

But the 2015 decision to acquire Annapurna Labs might go down as one of the shrewdest investments in Amazon’s history, given the flexibility that team has given AWS. Not only did the Annapurna team design Graviton, it also paved the way for the chip to get up and running quickly within AWS’s cloud services thanks to its work on the Nitro chipset, a system of hardware and software that integrates a processor within a server.

By Sunday morning, rainfall in Pingtung County had exceeded 1,000 mm in 24 hours. Mountainous areas of Pingtung and Hualien counties will continue to be pounded by sporadic torrential rains on Sunday.