Korean companies reach deal on Georgia battery plant
ATLANTA — The South Korean company behind one of the biggest economic development projects in Georgia history has the green light to keep going. SK Innovation, which is building a $2.6 billion factory near Commerce to make electric vehicle batteries, reached a settlement on Saturday with a rival that had accused it of stealing trade secrets. The company agreed to pay $1.8 billion in cash and royalties to the rival, LG Energy Solution, to settle the dispute and agreed to “work to help the development of EV battery industry in South Korea and the U.S. through healthy competition and friendly coo...
The Atlanta Journal-Constitution
How China’s Economy Powers Ahead While The Rest Of The World Stumbles?
The Chinese economy continues to recover at a steady pace, despite the new coronavirus pandemic and a marked decline in GDP in other countries. Q4 2020 hedge fund letters, conferences and more Beijing managed to achieve positive dynamics scorning the pessimistic forecasts of some economists. How has China been able to overcome its difficulties and demonstrate to the world another "economic miracle" while other countries are stumbling? Isolation Is The Key To HealthThe key to the rapid recovery of the Chinese economy was a successful strategy to fight the coronavirus. The government was pursuin...