MichaelIngle

4K posts

MichaelIngle

MichaelIngle

@ChinaNotes

Retired lawyer/student of Chinese. At https://t.co/UyqwZoZH7B I comment on articles posted on 爱思想, also writing about Hu Feng on https://t.co/9o91Dv0Fd6

London, England شامل ہوئے Ekim 2011
992 فالونگ232 فالوورز
MichaelIngle
MichaelIngle@ChinaNotes·
@tomhfh It appears the US no longer regards any other country as an ally, let alone the UK.
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Danny (Dennis) Citrinowicz ,داني سيترينوفيتش
The growing rapprochement between the UAE and Iran undermines a key assumption that has shaped much of the Israeli debate over the past year, namely, that Gulf states would move closer to Israel, expand the Abraham Accords, or even support a more confrontational regional posture toward Tehran in the wake of the war. In reality, many Gulf states are deeply frustrated with Israel. From their perspective, they were drawn into a regional crisis that imposed significant economic and security costs on them. Since the strikes on Qatar, many in the Gulf increasingly view Israel not as a source of stability, but as a potential driver of regional escalation. As a result, there is little prospect of major new normalization steps with Israel absent dramatic progress on the Palestinian issue. Gulf leaders understand that the Iranian regime is not going anywhere, and they see no strategic benefit in trying to isolate Tehran or push it into a corner. This does not mean that Gulf states have become naïve about Iran. They remain deeply aware of the challenges and threats posed by Tehran. However, their preferred strategy is de-escalation and coexistence rather than confrontation. From their perspective, maintaining channels of communication with Iran is a necessity, not a choice. #IranWar
Gregory Brew@gbrew24

The UAE is releasing billions of dollars to Iran as part of a deal to reduce bilateral tensions and assist with reopening the strait. It could be as much as $20 billion. $3 billion has already been delivered, confirming rumors from earlier this week. The move comes after the emirates emerged as the single largest target for Iranian missiles and drones during the war. From confrontation to accommodation. reuters.com/world/middle-e…

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MichaelIngle
MichaelIngle@ChinaNotes·
@policytensor That is true, but there must be room for discussion about a revaluation. Have we ever before seen goods of the quality that China now produces being sold at such low prices? I do not believe it is because of subsidies, but the sheer efficiency of Chinese manufacturing.
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Policy Tensor
Policy Tensor@policytensor·
Before you mobilize the West to gang up on China, pay attention to how the Chinese may respond. China has a lot of tools of coercion at its disposal. Any policy agenda that does not do this math properly should be rejected. There is no room for capture by mechanics.
Foreign Affairs@ForeignAffairs

“The G-7 and its partners should offer China a clear choice,” argue @Brad_Setser and @Shahinvallee. “Beijing can elect to face coordinated tariffs against its exports, or it can allow a coordinated appreciation in its currency—to the benefit of all.” foreignaffairs.com/china/real-pro…

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MichaelIngle
MichaelIngle@ChinaNotes·
@Brad_Setser I agree there is a strong case for a gradual appreciation of the Chinese yuan. The high quality of Chinese manufactured exports is increasingly out of line with their cost. The Chinese themselves are being shortchanged by this.
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Brad Setser
Brad Setser@Brad_Setser·
Indeed. A Foreign Affairs article is an essay not an academic article. I do want to encourage a bit of action rather than watch China grow for another 2 years via net exports while the world waits for a change in its growth model!
ACEMAXX ANALYTICS@acemaxx

The article is really a policy mobilization argument dressed in analytical clothing. @Brad_Setser isn't primarily writing for economists — he's writing to shame #G7 finance ministers into action before #Évian chart @ForeignAffairs foreignaffairs.com/china/real-pro…

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MichaelIngle
MichaelIngle@ChinaNotes·
@FrankLuntz Nobody anticipated that China would slash its oil imports as it has done. But that cannot go on forever. We have to hope the Strait of Hormuz will soon reopen.
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Daniel Freeman
Daniel Freeman@1689Freeman·
The most frustrating thing about the UK’s economic performance is just how straightforward the solutions are. You don’t need to completely restructure society, you just have to stop carelessly choking growth.
Sam Dumitriu@Sam_Dumitriu

I agree with @mattyglesias.

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MichaelIngle
MichaelIngle@ChinaNotes·
@andrew_lilico Relying on the EU to help us when we are not even a member sounds like free riding to me. Invasion is not the only way that Russia could threaten us.
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Andrew Lilico
Andrew Lilico@andrew_lilico·
I'd rather we spent extra on defence & less on the NHS & welfare, but I don't buy the story that there's any great *urgency* about doing so. We aren't threatened by Russia - the EU is more than capable of stopping Russia from getting anywhere near us.
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Liz Webster
Liz Webster@LizWebsterSBF·
We are trapped in this fiscal straitjacket bc of Starmer’s red Brexit lines and Rachel Reeves’ first budget, prioritising her promise not to raise taxes on “working people” so she hammered business instead: higher National Insurance, VAT on school fees, and IHT changes that raised a paltry £500m over ten years. The result? Business contraction, economic stagnation, and even less room to support strategic sectors like farming. Meanwhile she’s still trying to rob Peter to pay Paul including on defence spending, which could actually help growth. The single biggest uplift for Britain would be dropping the rigid Brexit red lines and getting back into the Single Market. Economists have repeatedly shown this would recover a significant chunk of the 4–8% GDP loss from Brexit. Instead, we remain isolated and exposed, farmers crushed by Hormuz-driven costs, collapsing farmgate prices, and no resilience plan. Food security is national security. We need the 1947 Agriculture Act principles restored and pragmatic reconnection with Europe. The current approach is not working. #FoodSecurityNow #BrexitReality
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David Henig 🇺🇦
David Henig 🇺🇦@DavidHenigUK·
I suspect a fundamental redesign of regulation is necessary to escape the current political economy trap. But this isn't glamorous or quick work. And as yet there's no general answer as to what would work better. But that's the sort of challenge we now face.
David Lawrence@dc_lawrence

What should Labour's political economy be? In my contribution to "hot essay summer", I argue that Labour should define itself as pro-work, and anti-slop. Good work is productive, the best that slop can be is distracting. Slop gives the impression of frenetic activity, but without creation of real value. This turns out to be a pretty good description of Britain's economy. We've created an economy of rent-seekers and extractors rather than risk-takers and builders. I look at: 🍬 tax-avoiding American candy stores that crowd Oxford Street 📖 the 44,000 page planning document for Sizewell C (33 times longer than War and Peace) 🚄 the unbuilt railway that cost £100 billion 🏦 the cheapening of designs in our public spaces 🏗️ "fire safety" rent seeking that is stopping homes being built The common theme is slop. To escape this, Labour needs a plan to take on slop-generating tech companies, but also other rent-seekers throughout the economy that have made it impossible (or very costly) to build anything of value. Labour was founded to represent workers in the tangible economy: those who were physically building things. Today, 37% of British workers do not believe that their job makes a “meaningful contribution to the world”. Whoever leads Labour must have an answer to this, and it begins with tackling slop. Read the full piece here: substack.com/home/post/p-20…

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Li Zexin 李泽欣
Li Zexin 李泽欣@XH_Lee23·
It's in Chinese genes to plan long-term and prepare for the worst before the bad really happens. It's a century-old wisdom. Decades ago, China started building out new energy. That's why you can always see China's stunning wind farms, solar plants, and EVs everywhere. Moreover, China also boasts the world's largest strategic petroleum reserve. That's foresight.
Reuters@Reuters

Three months into the Iran war, the oil market is coming to grips with an unexpected new reality: China, the world's largest importer, needs much less fuel than previously thought reut.rs/4e3BY3s

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Lewis Goodall
Lewis Goodall@lewis_goodall·
There wasn’t much of a chance Keir Starmer would have been able to fight on and win in event of a Burnham victory in Makerfield. Whatever slender hope he might have had has almost certainly disappeared after today.
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MichaelIngle
MichaelIngle@ChinaNotes·
@pstAsiatech @vshih2 Humanoid robots will soon become the most important (and profitable) product in the history of the world.
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Paul Triolo
Paul Triolo@pstAsiatech·
Why It’s Nearly Impossible to Build a Robot Without China Building on the country’s electric vehicle industry, Chinese companies are making robot parts at a scale and price point others can’t match. ...meaning humanoid robots primarily.... nytimes.com/2026/06/11/bus…
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MichaelIngle
MichaelIngle@ChinaNotes·
@ChicagoBoyFR French boomers are certainly different from British boomers, at least when it comes to politics and immigration. Of course there is a wide range of views and circumstances within the boomer generation.
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Chicago Boy
Chicago Boy@ChicagoBoyFR·
Combien sont-ils comme eux ? Les boomers, après nous avoir imposé Mitterand en 81, vont-ils nous imposer Mélenchon en 2027?
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Chicago Boy
Chicago Boy@ChicagoBoyFR·
En vacances chez les parents d’un ami en Espagne. On est sur un niveau de boomerisme rarement égalé. Je vous partage les meilleurs moments pour décompresser. Toutes les citations sont authentiques , je suis au bord de la crise de nerfs ⤵️
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Tom Harwood
Tom Harwood@tomhfh·
I know this is going to annoy literally everyone but I'm going to say it anyway: Whether it's Brixton 1981, London 2011, or Belfast 2026; rioters, looters, and arsonists always try to claim noble political motivations for their thuggery. But it is always bollocks. The Brixton riots weren't really about 'racism'. The London riots weren't really about 'austerity'. And the Belfast riots aren't really about 'public safety'. There's a reason this specific kind of lawlessness, thuggery, and arson only takes place in the summer months. Because it's not about politics. It's about adrenaline. It's about fun. It's a form of grotesque entertainment for a specific type of dimwit with a high propensity to violence. Don't defend the dimwits who are literally torching their communities for laugh. Who are picking fights as a form of entertainment. Who are no more righteous in their anger than your common or garden playground bully. Up with this we must not put. From left nor from right. It's the same low IQ, temperamentally violent bullshit every single time.
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Gyll King Post Skip Diplomacy
How utterly disgraceful for Nigel Farage to tell the BBC that the thugs rampaging through Belfast last night had legitimate concerns. That man is a fascist. Not hyperbole. An accurate assessment.
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Tony Diver
Tony Diver@Tony_Diver·
New: Steve Reed has just overruled Slough Council to approve the UK's largest data centre site near Heathrow. The council had initially blocked it because of concerns about the Green Belt, so MHCLG called it in. The site has been designated as critical national infrastructure. assets.publishing.service.gov.uk/media/6a292d6e…
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George Eaton
George Eaton@georgeeaton·
Labour needs to have the honesty to admit that you can't fund a universal welfare state and public services without higher taxes for all, not just the wealthy. The Tories and Reform need to propose more genuine cuts: e.g. scrap the triple lock, roll back free childcare and school meals, £20 fees for GP appointments. Both are in states of denial at the moment. arguably.uk/p/the-tax-trut…
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