Education policy

‘Profit motive is the core issue’: US economist critiques American capitalism

Global Times

In recent months, the US abuse of tariffs against a wide range of countries and regions, as well as China-US economic negotiations, have drawn global attention. Amid political and media-driven narratives of a "China threat" and "China-US confrontation," renowned US economist Richard Wolff contrasts the profit-driven American model with China's socialist market economy. He emphasizes on multiple occasions that China's unexpected resilience in the face of trade wars and other challenges stems from its unique institutional advantages.

MEXC Drives Stablecoin Expansion After $20M USDe Purchase and $100M TVL Milestone

Victoria, Seychelles, June 5, 2025 — MEXC, a leading global cryptocurrency exchange, is shaping its long-term strategy, based on its mission – making crypto more accessible to everyone and building trust within the community. Being a significant player in the market, MEXC drives the whole industry. The effect of its recent investments on the crypto space globally is hard to overestimate.

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