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
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
No one thinks seriously nowadays that China will politically liberalize in the near future, and Xi Jinping’s grip on power seems to confirm it. It seems more and more probable that he’ll not relinquish power in 2022, at the end of its ten-years two-mandates tenure. The (not-so) surprising fact is that there are still people…… Continue reading China Dream and China Dreamers
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
The Chinese are spying the Western countries as aggressive as the Russians, but are far more subtle. And they’re stealing especially economic & business secrets.
From Donald Trump to the IMF, many quarters complain about the German trade surpluses. The last one was confirmed as recently as August 2017, but the Germans have found the parade : according to IFO, the excedents are structural and, thus, impossible to shrink by government intervention.
The “Old Europe” does not understand very well the illiberal tendencies of the “New Europe”, Poland above all.