The Dangers Of Decoupling

With Sino-American relations increasingly coming to resemble the geopolitical dynamics of the original Cold War, the world is heading toward a fraught new equilibrium. While some in the West long for a new “Sputnik moment” to motivate investments and reform, they should be careful what they wish for. Read More Here

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China’s Looming Succession Crisis

The longer he remains in charge, the more the political structure will conform to his personality, his objectives, his whims, and his network of clients. Xi, in turn, becomes more important to China’s political stability every day he sits in office. Read More Here

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How China Is Helping To Damp Global Inflation

As China’s factory-gate prices soared this year, investors worried the country would become a new source of inflation for the rest of the world. Instead, the world’s second-largest economy has helped alleviate some price pressures caused by the pandemic, and appears likely to keep doing so—at least for a while. Read More Here

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Should Central Banks Have A Green Mandate?

Involving central banks in allocating money on the basis of “greening” compels them to make political decisions for which governments should be held accountable. The UK government’s new climate remit for the Bank of England is thus a further step in its abdication of responsibility for ensuring a healthy, sustainable economy.

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