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  • Watch the fires burning across the river

    Watch the fires burning across the river

    Autocrats make blunders. Xi has made some, and Putin … well, ok. But Xi is not the isolated single decider that Putin appears to be. And China seems well-positioned to benefit from the Ukraine fiasco, regardless of outcome, if China simply keeps its head down, as best it can.

    So why the unswerving support for Putin? What can the strategy be? Is it just autocrat bromance? You and me against the world?

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  • Laser-like development focus ...

    Laser-like development focus ...

    Just a brief note -

    Speeches and policy documents are nearly always long. It is not uncommon for a leader to talk for an hour or two on one topic, with supremely bored listeners fastened to their seats and their cell phones,  trying to pass the time. (The cell phone diversion is less common with speeches by senior CCP officials). 

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  • Housing Affordability ... and a bit more

    Housing Affordability ... and a bit more

    A recent chart on housing affordability in major cities compared with incomes -

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