Global InvestorsAmerica, and the world, received another huge shot of hope this week. Biotech firm Moderna announced today that its coronavirus vaccine is 94.5% effective at preventing COVID-19. This news comes after the $210 billion drugmaker Pfizer said last Monday that its vaccine is 90% effective. 1.2 Billion Chinese in Middle Class by 2027Retailers are right to court Asian consumers, particularly Chinese consumers. With the combined spending power of $41 trillion, the Chinese middle class is on track to spend an astonishing $7.3 trillion this year alone, Brookings says.

Source: Forbes November 16, 2020 19:18 UTC