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Lewis Jackson Profile picture
Lewis Jackson
@lewjackk
✍🏻News at @Reuters 📧 lewis.jackson@tr.com ♥️Monetary policy, markets and history. Opinions my own etc...
Apr 6, 2021 • 4 tweets • 3 min read
1/3 - Takes on China worth reading..

First, the # put by @adam_tooze - "What if China's model of state capitalism is making history, not simply playing out its end?"
21st century politics/economics will play out in the shadow of its answer

adamtooze.substack.com/p/chartbook-ne… 2/3
@bnaughton says YES - "state steers market, firms respond to the market" How? China's high rate of fixed investment, maintained once infr deficit is filled, could allow it to "seize control of economy's direction to drive into a new economic era."