China is shredding through export markets all around the world and, at the same time, China is deglobalizing: how is that possible?
👉The China Globalization Paradox
Today's Factful Friday:(🔗linkedin.com/pulse/chinese-…) cc: IMD Alan Beattie Jason Furman Justin Wolfers

Not even paternity leave can defeat MFN.

New edition here (it's about puffins):

mostfavourednation.substack.com/p/huffin-and-p…

Peter Ungphakorn (also on Bluesky and Mastodon) Sam Lowe Is 'Scottish sand eels should be reserved for Scottish puffins' compatible with national treatment or, more precisely, does that make an export restriction favouring domestic consumption?

All of the recently created EU trade defence tools (foreign subsidies regulation, anti coercion tool, international procurement instrument, revised enforcement regulation) can just as easily be targeted at the US as China … (as intended)

Congratulations to Sam Lowe for bringing puffins into a piece on trade. For the record, Scottish sand eels should be reserved for Scottish puffins.

Oh, OK Sam, ditto Welsh

Not even paternity leave can defeat MFN.

New edition here (it's about puffins):

mostfavourednation.substack.com/p/huffin-and-p…

This week's edition of MFN is a homage to two powerhouses of the European trade discourse: Alan Beattie and Thierry Breton:

mostfavourednation.substack.com/p/its-thierry-…

Twitter seems to have glitched and reverted back to 2018 … why are people talking about Chequers?

In a complete violation of my own principles, I spent three hours this evening building a bed. What a fool I am.