Chinese Economy

The Outlaw Life

Someday the pandemic will end. But it will quickly be replaced by a ‘climate crisis’. And many of the ‘emergency’ measures put in place to control you during the pandemic will be used again.

Common Prosperity, Uncommon Brutality

That phrase ‘common prosperity’ is one the CCP has used to criticise China’s superstar CEOs like Ma. In a collectivist political economy, you can’t celebrate or venerate individual success or brilliance.

We’re All China Now

Despite the overnight celebrations (US markets up more than 1%), we’re starting to see the first major cracks emerge in China’s property market. But China is exporting more than just misery (or coming misery) to…

Is This It? Do You Stay or Go?

The most known of knowns in financial markets is the China Evergrande Group debt crisis. Will it or won’t it be allowed to fail? Will this be the modern-day Lehman Brothers moment?Markets are pondering these…

The Rum Rebellion