In my most recent piece for China Reform Imperative I argue that whether or not Xi Jinping's recent encouragement of the private sector "works" will depend on whether China's problem is one of low confidence or of structural imbalances.

carnegieendowment.org/posts/2025/0...

🚨NEW: Ofgem price cap raises by 6.4%, meaning customers will pay £111 more on average (per year) on energy bills.

Higher energy costs aren’t just due to rising gas prices. Companies are exploiting our dysfunctional energy system for profit.

Here’s how they do it. 🧵

Let’s see what motivates this guy to join DOG…oh

“It’s a moonshot.”

Vienna has a $21 billion plan to end its dependence on imported fossil gas with heat pumps, boreholes and energy efficiency.

www.bloomberg.com/news/feature...

youtu.be/c99Vp0sGLQQ?...