China: Beggar-thy-Neighbor Policy Creates Risks

Even if one doesn't trust China's data, there's no doubt the economy has proved surprisingly resilient, despite the Trump 2.0 tariffs. And, the outcome of recent Sino-US trade negotiations indicate they enjoy considerable leverage in future talks, given America's current dependence on Chinese rare earth materials. As the Year of the Horse approaches, therefore, is [...]

France: Plus Ca Change?

2 March 2025 "Plus ca change" is a French adage loosely meaning "the more things change, the more they stay the same". To be sure, France enjoys an enviable socio-economic model: producing high levels of productivity and living standards combined with a strong commitment to equity and sustainability. Indeed, I have just returned from an [...]