Thanks will read. I read Fengming’s paper but these cases do not talk about the failed cases and how financial losses are dealt with. I think that’s an important part of the story

Some (shameless) piggybacking: Chen Wei and I actually published a piece on China's industrial policies earlier, not on EV, but on high-speed train. Sadly, we did not get much attention at all, guess because we focus on a centrally-planned case! tandfonline.com/doi/pdf/10.1…

Very disappointed to see that @AramHur's latest paper in @koreaobserver has six completely fabricated citations. Academic integrity matters, people. A short 🧵

🚗🔋 Many think Beijing masterfully planned China's EV takeover. Fengming Lu (@ANUBellSchool ) and I spent 3 years and 60 interviews finding out what actually happened in our latest article @TheChinaJournal. A thread 🧵

China is pumping out cheap EVs by the millions and BMW is spending money on pretending that hydrogen is viable.

A growing number of foreigners are traveling to China for life-saving treatments, including for cancer, because it's often cheaper and more readily available bloomberg.com/news/features/…

FT Exclusive: France, Germany and other European nations are discussing proposals for a radical overhaul of the EU’s 15-year-old diplomatic service, including stripping powers from the bloc’s chief diplomat. ft.trib.al/Hskd8cT

Gwyneth Paltrow stars in new campaign for Israel luxury housing development ‘51PARK’ in Herzliya.

WTF is wrong with y’all, South Carolina???

This is extraordinarily rare. In fact, according to a key figure in the German business community (who is a dear friend of mine), it's unprecedented. An op-ed, two pages, centerpiece, in Germany’s most important economic newspaper (the Handelsblatt) that begs the German establishment to stop looking at China via the prism of propaganda. And it's by their Shanghai bureau chief - not some outside contributor. The title is "The China debate cannot continue like this!" and the article makes the case that it's suicidal, from a German and European standpoint, to keep reducing China to false caricatures rather than facts. In effect it's rubbish in, rubbish out: if you tell people lies about China - whichever direction they go (anti or pro) - then obviously the policies that come out will be rubbish, designed for a mirage of a country that exists only in people's imagination. Needless to say, this is absolutely music to my ears because it's literally the main point I've been making in my advocacy around China for now almost 10 years. Some are finally seeing the light... I also believe, as I argued in my article "Are Western media turning China-friendly?" last year (arnaudbertrand.substack.com/…) that this type of coverage was bound to happen, and there will be more and more of it. Why? For a very simple structural reason: China is now too powerful to coerce. The West, and Europe in particular, just don't have the leverage anymore. Which means that if you tell China to do something and they don't want to, they just won't do it. Period. In this situation, incapable of coercing, your only remaining choice is... convincing. And what do you need if you want to convince someone? Well, you need to understand them: understand how they think, how they behave, what drives them, what they actually want. In other words: the moment coercion stops being an option, not only does propaganda stop being useful, it begins to be actively harmful as genuine understand becomes a strategic necessity. Reality is finally becoming profitable again. Which means, if you're a journalist reading this and you're peddling some of your usual lies, describing China as some sort of cartoonish dictatorial dystopia that's simultaneously on the verge of collapse yet a "threat" to the whole world (in short, if you write on China for The Economist or the FT), be on notice: the real threat to your country isn't China. It's you.