Paths open to possible de-escalation of military and economic tension

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Strong output and investment data confirm China’s great rotation from property to tech

David P. Goldman highlights recent economic trends in China, including a 9.4% increase in manufacturing investment, a 7% growth in industrial production, and a 9% fall in property investment, reflecting a shift towards high-tech manufacturing as outlined by Beijing.

German Social Democrats discuss freezing the war in Ukraine

Diego Faßnacht writes that Germany’s Social Democratic Party (SPD) leader Rolf Mützenich sparked controversy when he advocated for peace negotiations with Russia in a Bundestag debate, underscoring how the issue of Ukraine continues to divide the German government.

Putin prepares to take post-election gloves off in Ukraine

James Davis provides an overview of the ongoing military developments in Ukraine, highlighting Russian advances and Ukrainian counterattacks on various fronts. He also discusses recent political developments in Russia, including President Putin’s re-election and their potential ramifications.

Blowback from sanctions on China: Private equity, Huawei, EVs

Scott Foster discusses the unintended consequences of US sanctions on China, which are resulting in strengthened ties between China and the Middle East, increased Chinese R&D, and new competition for American tech companies as Western investors retreat from China.