External opinion

Europe must now strike a deal on energy prices

Europe must move beyond blocking agreement on a coordinated solution and undermining EU unity in the face of Russian aggression.

Xi Jinping’s new smiles got China off the hook at climate talks

Beijing's bandwidth to deliver is shrinking as its economic performance wanes.

The big tech world is in crisis – and that might be a good thing

Big tech companies have been left exposed because they overestimated the growth of online activities during the pandemic, writes Christophe Carugati.

Biden, Xi focus on Taiwan and forget about Ukraine

The meet did not seem to offer solutions to the two most pressing problems for the international order.

NextGenerationEU: an underused facility?

The RRF has great potential to become an instrument for ‘insuring’ EU countries against common shocks.

Europe’s Looming Energy Disaster

With winter fast approaching, the absence of common guidelines for national energy policies should be regarded as an economic emergency.

Political cooperation does not mean economic dependence

A robust economic system that can sustain shocks of any nature, including political, is needed.

Germany’s Emerging War Economy

To meet the challenges of an age in which the threat of war is always present, Germany and Europe must invest heavily in military innovation.

At Party Congress, Xi doubles down on China’s direction

The two key objectives are targeted self-reliance and national security

China’s real estate sector goes south

The demise of China’s real estate sector, pushed by developer defaults and mortgage boycotts, is a major risk for the Chinese economy.

The critical importance of chips – and having a plan for them

The Chips Act is the first, and an imperfect, step towards a long-term strategy that still needs to be designed.

The importance of being fiscally earnest

As interest rates increase over the course of the next few months, there are bound to be asset-price corrections & rethinking of investment decisions.

China can learn from the bursting of Japan's real estate bubble

Beijing cannot count on economic growth or fiscal space to tide through crisis

A cold winter

Reforming energy markets must aim to make them less vulnerable to crises such as today’s, even if such crises are rare.  

China’s Economy Needs More Stimulus. Beijing’s Room for Maneuver Is Limited.

The grand energy bargain Europe needs to defeat Putin