Essays
Analysis
Long-form commentary on economics, politics, society, technology, and the global order.
Recent Essays
-
Europe’s China De-Risking Problem Is No Longer Theoretical
Brussels is moving from persuasion to compulsion because the market has not diversified strategic supply chains on its own. That is the real significance of Europe’s new China debate.
-
Europe’s China Deficit Is Becoming a Test of Political Capacity
Europe’s widening trade imbalance with China is not just a tariff problem. It is a test of whether a regulatory superpower can become an industrial-security actor without losing its open-market legitimacy.
-
Beijing Wants Representation Abroad, Not Representation at Home
Beijing’s call for Global South representation exposes a deeper contradiction between voice abroad and political voice at home.
-
The Strait May Reopen, But the Age of Cheap Stability Is Over
A reported reopening of the Strait of Hormuz may calm markets, but it does not restore the old economic order built on cheap and fragile stability.