Economies like China have made US face a lot of competitions in this century, says Snapchat CEO

The new year is upon us – before we start living in what’s our future, for now, we should have a look at what progress did we made in our past. We all know that America has the world’s largest economy by nominal GDP and net wealth. Additionally, the country possesses the strongest technologically equipped firms. However, China is no less than others – technology, diplomacy, soft power influence, and economy are the possible factors that assisted the Country in being recognized as the second most well-built superpower.This time the start of a new year would mean that we are entering a whole new decade. The CEO of Snapchat told BBC during an interview, that as a new era of global competition will begin, U.S.A should consider it more than important to invest in its future generations. Evan Spiegel is an American entrepreneur who launched Snapchat on 8th July 2011. He became one of the youngest billionaires after he launched the app when he was 25 years old. This American businessman was studying at Stanford University at that time. He is famously known to have said that the US had faced a tough time in the economy due to its…
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