ADAM TOOZE

@andrewbatson @MacaesBruno @FT Great points. But if one generalizes from BU data, which may not be fair to BU, we would be looking at a sudden stop that happened 2017->18. That struck me as pretty remarkable and still does. Amongst the ironies would be that Western debate heated up just as BRI was stopping.

RT @KevinPGallagher: @adam_tooze @FT Thanks Adam. Will will post a quick blog post and tweet it in order to clear up the confusion and mis…

RT @JonnyGeller: With much sadness, I must announce the passing of one the world’s great writers – John le Carré. curtisbrown.co.uk/news/a-stateme……

RT @ColinJMcAuliffe: @ShazCoder @BuddyYakov Hilferding's response to a public works proposal in the 20s was basically laissez faire but for…

@KevinPGallagher This didnt seem like a tweet, so much as quite a serious set of worries. Non? With the key issue being, what is it sensible to infer from your compilation for these two banks? thediplomat.com/2020/12/chinas…

@KevinPGallagher Ok. Will take down. Sorry. Need to work this through more.

@KevinPGallagher Hi Kevin so the crucial issue here is whether the lending of those two banks is a good “indicator of overall Chinese foreign lending” as the @FT piece did? ft.com/content/d9bd80… But Ill take those tweets down for now. A

18.7% v. 10 % Those are fiscal deficits that IMF expect in US and EU for 2020. The gap for fiscal impulse (i.e. change in deficit 2020 v. 2019) is smaller but still significant: 12.4% US v. 9.5% Euro area. imf.org/en/Publication… https://t.co/QUDGWVsLqL

@Eaterofsun @Jonthn_Wheatley @JKynge @jamescrabtree @Lingling_Wei @michaelxpettis @TheEconomist @DSORennie @domziegler @jarmiles @s1moncox @S_Rabinovitch @studersc @TedPlafker @donweinland Ive updated the post! MANY thanks. I was hoping someone would put me right 🙂

New Chartbook Newsletter #9 contrasting the takes on Chinese State Capitalism by @WSJ and @TheEconomist is, I discover thanks to @Eaterofsun a homage to the brilliant work of @S_Rabinovitch To read more checkout the newsletter here: adamtooze.substack.com/p/chartbook-ne… https://t.co/tJEyjGo3kl

@Eaterofsun @Jonthn_Wheatley @JKynge @jamescrabtree @Lingling_Wei @michaelxpettis @TheEconomist @DSORennie @domziegler @jarmiles @s1moncox @S_Rabinovitch @studersc @TedPlafker @donweinland Thank you. I worked off the folks who did the china sections in the World in 2021 because they are named there. Kudos to @S_Rabinovitch It is brilliant stuff.

RT @Eaterofsun: @adam_tooze @Jonthn_Wheatley @JKynge @jamescrabtree @Lingling_Wei @michaelxpettis @TheEconomist @DSORennie @domziegler @jar…

RT @ziadramley: Why did nobody tell me @adam_tooze’s newsletter is so good? adamtooze.substack.com/p/chartbook-ne…

RT @MichaelSpi2: Deng transformed China by moving it to a market economy. Free markets were associated w liberalism/democracy. Evidently no…

@ziadramley Thanks!

More on why we should not be using the @GDPC_BU database on China policy bank lending as an indicator of overall Chinese foreign lending. twitter.com/lajohnstondr/s…

RT @DaveKeating: There is growing outrage in the EU Parliament, and in EU capitals, that both may be asked in the coming 2 weeks to rapidly…

RT @DaveKeating: EP source to me just now: "The UK Parliament may be OK with just rubber-stamping trade deals but that's not how we work he…

RT @cullenroche: When the economy crashes, but you save the stock market. https://t.co/kWwJn2FE9r

RT @MacaesBruno: @adam_tooze @FT I think there are cascading problems here. State owned commercial banks more important than policy banks f…

There may be something wrong with data on Chinese policy bank lending put out by @GDPC_BU quoted by @Jonthn_Wheatley @JKynge As I suggested in adamtooze.substack.com/p/chartbook-ne… they are puzzling. @MacaesBruno agrees. @futurerisks has this critical examination. thediplomat.com/2020/12/chinas… https://t.co/8ziJDpRlAB

@MacaesBruno @FT Hi @MacaesBruno thank you for this. As I suggested in the newsletter I was left scratching my head as well. But you know this far better.

What does it mean that the Chinese Communist Party is ever more active in the economy? The beginnings of paralysis? Or a new era of reenergized state capitalism? Chartbook Newsletters #8/#9 are all about China. To get them and sign up go here: adamtooze.substack.com/p/chartbook-ne… https://t.co/wlQmoHuWOh

In our household we are living 2020-devastation of global travel industry up close. Talking with friends in Cambodia, I realized they have a big thing going in their favor. Most of their visitors are from places that have controlled the virus! Center of gravity is shifting! https://t.co/CfVRMmXVAp

RT @RHornik: Well worth reading this comprehensive summary of the current debate over whither/wither China. Seems the key question remains…

I did a thing for Conley & Silvers the other night about the modern history of Cambodia. PM Hun Sen’s career is truly staggering! How it started: renegade Vietnam-backed ex Khmer Rouge fighter on left. How its going: hanging out with Merkel, Borisov & Sultan of Brunei on right https://t.co/OnzmAhfsd2

China’s economic growth continues to transform the world economy day by day. Will it conform to familiar patterns of economic development? Or will it explode them? Chartbook Newsletters #8 & #9 are all about China. Get them & sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/CjqFeUGvED

@Trabaq You are very kind. Thank you.

Russia is investing in a commercial fleet of 10,000 ton autonomous vessels. offshore-energy.biz/russia-starts-… https://t.co/jNWpQtfrlE

RT @RajaKorman: @M_C_Klein @adam_tooze Purists may carp but IMO Oz Shiraz—>Arg Malbec makes the most sense on geoculinary basis. (Adding g…

There isnt any more important question in global political economy than how to read China’s state capitalism. @WSJ and @TheEconomist offer takes that are miles apart. In latest Chartbook Newsletter I map their rival interpretations. Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/Irz5A9F7IV

@M_C_Klein I think its domestic isnt it?

@Jderbyshire Thank you … gotta figure out the @FT position next 🙂

RT @Jderbyshire: .⁦@adam_tooze⁩’s latest Chartbook is a superb overview of the evolution of China’s political economy https://t.co/B05adeWl…

Sometimes the hive mind surfaces a great tweet I had long forgotten about … how 1930s exchange controls benefited wine exports from fascist Italy to Germany. An angle missing from Wages of Destruction! twitter.com/adam_tooze/sta…

RT @x_delcourt: Où va le capitalisme d'État chinois? Chartbook Newsletter #9 by @adam_tooze adamtooze.substack.com/p/chartbook-ne…