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The US, which invented photovoltaic cells, was the dominant player through the 1990s, points out Paula Mints, founder and chief market research analyst with SPV Market Research in San Francisco. In 1996, the US accounted for 35 percent of global shipments; two decades later, it accounted for 1 percent. China, by contrast, had less than 1 percent of the world market in 2001; by 2016, it had 50 percent..
Hong Lei, spokesman for China foreign ministry, recently defended his country positioning in Latin America, while rejecting the criticisms of the World Bank. Direct investment by China in 2010 was US$11 billion, in areas that range from energy and mining to manufacturing, infrastructure and agriculture, among others, he said during a press conference in China. According to Chinese officials, China investments Cheap NHL Jerseys have strengthened the economies of Latin America and its social development..
Corporate executives argued then, as they argue now, that the amnesty would allow them to reinvest those earnings in America. The argument was baloney then, and it baloney now. A study by the National Bureau of Economic Research found that 92 percent of the repatriated cash was used to pay for dividends, share buybacks or executive bonuses.