I, like many others, was ready to bet on a Chinese hard-landing in the last ten years. Not anymore. I think the Middle Kingdom got the right lessons from the 1998 Asian financial crisis and averted the worse. Yet, while China’s development model was far from perfectly efficient, it has proved effective enough. And while…… Continue reading No more Chinese hard-landing
It is now called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership : it seems that, without intellectual property provisions, it is even better. The shape of the things to come ?
The South China Morning Post quotes the People’s Daily about the new Chinese self-confidence : “The world has never focused on China so much and needed China so much as it does now”. “The capitalism-led world political and economic system is full of drawbacks; the global governance system is undergoing profound changes; and a new…… Continue reading China Rising (at the right moment)
China likes Germany and let it be known : Germany buys turbine blades for jet engines from China. It’s like a consecration for the quality of “Made in China”. It could also have longer term strategic consequences.
The US seems to use the Chinese island as a bargaining chip by voting the Taiwan Travel Act, while the Popular Republic is said to plan a reunification for 2020.
Der Spiegel, on the inevitable new German foreign policy. Germany’s global abstinence has permitted it to have the luxury of basing its foreign policy largely on values, while others took care of the realpolitik dirty work. Merkel’s refugee policies, which placed humanitarian principles over the cohesion of the European Union, is only the most radical…… Continue reading Farewell to the Good Germany ?
There’s a lot of buzz about the book on Trump’s White House. But the most interesting and potentially far-reaching piece of information of last is the supposed halt (or at least slowing) of Chinese placements in US Treasury Bonds. Of course, no direct link can be established with the Huawei / ATT and Ant Financial /…… Continue reading Chinese Payback