Keeping Promising

Xi Jinping promised again in the opening speech of the Nineteenth PRC Congress the openness of the Chinese economy, protection of foreign direct investments and of intellectual property rights. He was met with a pretty healthy dose of skepticism by Western stakeholders and commentators … Advertisements

All under Heaven

Tom Holland makes the perfect synthesis of the Chinese economic model : China has adopted a mixed economic model, under which market incentives direct much of the day-to-day activity, but where state control ensures that that activity supports the government’s greater political goals. And as far as Xi is concerned, it seems to be working.…… Continue reading All under Heaven

French Anxieties in the Post-Industrial Age

Emmanuel Macron dreams of France as a “Start-Up Nation”, but the transition from the former national champions like Alcatel, Alstom, Pechiney or Lafarge, without reproducing again the Airbus industrial model, where the French have a strong position, provokes some serious questioning about France’s economic model. Even more so as they do not have the lead…… Continue reading French Anxieties in the Post-Industrial Age