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    • Patient capital more essential and appropriate for China

      China Daily· 4 days ago

      Compared with short-term speculative capital, this type of capital pursues long-term returns and usually involves start-ups, infrastructure projects or projects that take a longer time to generate ...

    • How to tax billionaires—and how not to

      The Economist· 2 days ago

      Going by one broad definition of income that combines consumption and someone’s change in net worth, America’s best-heeled pay just a few cents on every dollar...6trn of the ...