I think this is what @sandertordoir.bsky.social @lucasguttenberg.bsky.social and @nilsredeker.bsky.social were suggesting in their paper: include UK, Japan, South Korea in what qualifies for 'Buy European'
www.handelsblatt.com/politik/inte...
HSBC: Are chip stocks bubbly? Comparing today to 1999 $SOXX $SMH
The Napoleonic tradition really does nail it sometimes.
Manfred Weber calls for tougher trade defences on China.
To prevent Beijing “flattening parts of European industry”
www.bild.de/politik/ausl...
Ouch.
Not surprising for those of us who have been paying attention, but a powerful data visual.
I don’t think Röpke Eucken nor Dutch Ordoliberal philosophers would approve of a do nothing response to such distortions. (h/t @tbenner.bsky.social )
A company-level OECD analysis of government subsidies across 15 key industrial sectors found that nearly 60 per cent of Chinese firms’ global market share gains since 2005 could be attributed to subsidies
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