In which industry segments, where, will the strategic winners of this conflict be?
Read More
On 25 February, Xinhua News Agency reported that the General Office of the Central Committee of the Communist Party of China had issued a notice launching a party-wide campaign to promote a “correct view of political achievements”. Approved by the…
Read More
From 2015 to 2025, Beijing’s most significant macroeconomic achievement was to break free from its long-standing reliance on the property market. Instead, policymakers turned to poverty alleviation, rural revitalisation, and export expansion in order to deflate the real estate bubble…
Read More
During the Fourth Plenum of the 19th CPC Central Committee in Beijing, I spoke with senior policymakers, leading analysts, and business figures in Shanghai and Beijing about major domestic and global developments. A shared view emerged: the long-term health of…
Read More
Stablecoins—cryptocurrencies pegged to fiat currencies—are fast becoming a cornerstone of cross-border payments. Offering near-instant settlement, minimal transaction costs, and programmable features, they present a compelling alternative to traditional systems like SWIFT. Unlike legacy networks, stablecoins operate without intermediaries, relying only…
Read More
When I began my Ph.D. research in German macroeconomics in 1989, German economic theory still adhered to the principles of a social market economy, despite the popularity of the Hayekian Freiburg School of Economics—the mainstream of Western economic theory. However,…
Read More
Wall Street may be staring down the barrel of a long-term structural crisis—one rooted not in liquidity or regulation, but in a fundamental decoupling from the real global economy. China now commands the majority share of the world’s most dynamic…
Read More
When President Donald Trump stood in the Rose Garden last week and announced a sweeping 10% tariff on all US trading partners, with individual levies for 60 countries to follow, global markets buckled. Almost overnight, the U.S. tariff rate would…
Read More
Beijing appears to be recalibrating its economic priorities as President Xi Jinping convened a high-profile symposium on the private sector on 17 February. The meeting, held in the Chinese capital, brought together top executives from some of the country’s largest…
Read More
Microsoft’s $80 Billion Bet on AI Infrastructure Microsoft has announced an $80 billion investment in fiscal 2025 to expand its data center capacity for artificial intelligence (AI) training and deployment. In a 3 January 2025 blog post, Microsoft disclosed that…
Read More
When Syrian President Bashar al-Assad visited Beijing in late September 2023, his decision to leave his children in China for their education sparked considerable public interest in the country. Behind this symbolic move lay a stark reality: Assad’s Syria, battered…
Read More