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freerepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freerepublic.com Daily Mail and Mail on Sunday newspapers.

Innovation in Britain and What it Means for China

On the occasion of a high-level British delegation’s visit to Beiing this week, Vincent Ni, the long-time New York-based U.S. correspondent for the independent Caixin Media group, shared his views about China’s ability to innovate relative to what he saw in America and what he s now observing around him in Britain, his new adopted home. The Editors Having been slow to emerge from a deep recession, the British economy is beginning to show a promising future. Last month, the country’s unemployment rate continued to fall, and house prices are up amid talk of an emerging “housing bubble.” Moreover, the country’s service sector has rounded off its strongest quarter since 1997, suggesting the recovery is on the right track.

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