"It's the #Party#Sector, stupid" The shift ๐๐ผis from autonomy of #PartyCapitalists with respect to everyday decisions & depend on self control to implement #CCP's goals, to explicit monitoring of key parameters like obedience of the #Party#Capitalist to #Xi's directives!๐ง
2/cps #CCPchinaInc (2)Th freedom to decide what % of profits to take for personal use by party capitalist viz for party goals including maximization of growth &/or employment is being controlled more actively since 2014, and more desperately since collapse of growth & profits
4/cps It's the #PartySector not #Private and the orders to increase production & investment are now coming directly from their #designated#CCP#minders (no longer implicit in publicly announced party objectives & goals)
16/tariff Steel, Aluminium & Dairy products.
US import weighted tariff are already the highest in the world; how much higher can they go.
Ans: If exchange rate appreciates they can keep going up, but not if it depreciates for other reasons (than tariffs)
18/tariff Effective Tariff on China is only 37%. Its only real economic competitor is being threatened with 50% tariff. Incredible๐ตโ๐ซ way to challenge a rival, who is determined to dominate the Indo-Pacific! ๐ฅด
3/HP "Western Woke intellectuals, media and politicians (๐๐๐) exaggerated random lynchings and over-generalized from few hate speeches; we should not follow their despicable example"
#PIP asks: โIs ISI eliminating the Jehadis it has created and nurtured for 50 years, who are internationally known to have committed terrorist crimes, as a prelude to re-entering SAARC (w/o publicly announcing its toning down cross-border terrorism)โ
Upside potential & downside risks have been more or less equal since the start of the financial year (in April 2023) ecoti.in/u6n-Ub
2/IndEc A ringing endorsement๐๐ผ for FDI into India by US & EU(+UK) MNCs, by four professors, in the Harvard Business Review (#HBR) ๐๐ผ hbr.org/2023/06/does-yโฆ
3/IndEc The more that US business, entrepreneurs & professionals learn about Indian infrastructure, digital economy, financial system and Green ambitions, the more #FDI will flow into manufacturing.
One should be inured to the pro-China, anti-India, bias of the Anglo Saxon world, & its subalterns [ jstor.org/stable/30030642 ], but sadly after 50 yrs, one is still not!
2/ir #Indiaโs #rise is causing deep disquiet in the #Anglo#Saxon#World and among its subalterns. #Information#War will intensify in next 3 years, and wonโt subside till India becomes the third largest economy in (current) USD.
As a National Security Strategist * find it a little difficult to interpret such statements by Senior officers of the US armed forces, in the broader context of the PRC threat!
2/nss Sweet spot for PLA aggression: #Elections in raucous democracies. => Lesson: Armed forces in threatened countries, should have more operational autonomy during election period.