Bert Hofman(郝福满) @berthofmanecon
Adjunct @nuseai National University Singapore. non-resident senior fellow MERICS and ASPI. Opinions my own. https://t.co/zM1RwXaHzK research.nus.edu.sg/eai/ Jakarta Capital Region Joined December 2014-
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Understanding #Xijinping ’s thinking on the U.S. and Taiwan through 4 photos 1. Xi Jinping meeting with former Taiwanese President #MaYing-jeou on April 10, with both teams sitting face to face, highlighting Xi Jinping's special treatment of Ma Ying-jeou. This is because the…
China will give a one-time subsidy of as much as $1,380 to consumers who trade in their old vehicles and buy a newer model. trib.al/4oTE78y
@Bloomberg on rebounding Chinese overseas investment, with some words from yours truly and @Aligarciaherrer. It’s complicated. China Overseas Investment Is at Eight-Year High as Firms Build Factories Abroad - Bloomberg bloomberg.com/news/articles/…
DOMESTIC DETERMINANTS OF INDONESIA’S HEDGING POLICY TOWARDS THE US AND CHINA This study explores how have domestic determinants shaped Indonesia’s hedging policy towards the US and China. It is an open access article: bookshop.iseas.edu.sg/publication/79…
Chinese researchers have newly identified a flower species, Cynanchum pingtaoi, in Dehong Dai and Jingpo Autonomous Prefecture, southwest China's Yunnan. The pink flower thrives on the edge of open forests at an altitude of 850 meters and is endemic to China. #biodiversity
Joerg Wuttke, One of Europe’s Top Businessmen in China Moves to Washington - Bloomberg bloomberg.com/news/articles/…
@berthofmanecon Keeping in mind that the auto industry represents a disproportionate amount of manufacturing FDI dollars … The first chart is less about OECD increasing investment in SEA (trend not really increasing much) and more about pulling investment from China, with the auto sector being…
The Econ department would have chosen “tradability” as the only rule, and then randomly assigned the offices.
The Econ department would have chosen “tradability” as the only rule, and then randomly assigned the offices.
latest batch of political verdicts from disgraced centrally-managed cadres, includes Ling Chengxing (MIIT), Zhang Xiulong (Guangxi SC) notable: Han Yong, a former deputy director in the CPPCC "shied away from struggles" (不敢担当斗争) never seen this one in a political verdict
ASEAN now beats China as destinations for OECD investment in manufacturing. fdiintelligence.com/content/data-t…
Human brain 🧠 consume 30w and process 100 trillion parameters. Half GW a month to train a 400B LLM was never going to be the way to achieve AGI. Energy would be the first barrier before we even start to compare how brain function SOOO differently than MoEs. You simply don’t get…
Human brain 🧠 consume 30w and process 100 trillion parameters. Half GW a month to train a 400B LLM was never going to be the way to achieve AGI. Energy would be the first barrier before we even start to compare how brain function SOOO differently than MoEs. You simply don’t get…
Semiconductor Giant ASML Has a New Boss, and a Big Problem | WIRED wired.com/story/asml-ceo…
Wall Street Journal reporter Evan Gershkovich, who is in custody on espionage charges, makes a heart-shaped gesture behind a glass wall of an enclosure for defendants as he attends a court hearing in Moscow, Russia, April 23, 2024. REUTERS/Tatyana Makeyeva
Not sure which focus group came up with this name….. New British nuclear submarine named HMS Agamemnon ukdefencejournal.org.uk/new-british-nu…
Michael Pettis @michaelxpettis
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Understanding #Xijinping ’s thinking on the U.S. and Taiwan through 4 photos 1. Xi Jinping meeting with former Taiwanese President #MaYing-jeou on April 10, with both teams sitting face to face, highlighting Xi Jinping's special treatment of Ma Ying-jeou. This is because the…
Watch our new in-depth analysis on why Xi Jinping might be courting the next Tesla, below 👇 Don't forget to like and repost!
@vtchakarova You have the wrong decades. The social democrats were first elected in Denmark in 1920. The heyday of social democracy was from the 1930s to the 1970s. Social democracy fell apart once it faced the high inflation of the 1970s, to which it had no answer. Since the 1970s, all of…
@EamonJavers Timely considering the Supreme Court wants to bring monarchy to US.
@berthofmanecon We allow trades, but they have to be approved by the head, to prevent coercion (something economists conventionally celebrate).
@berthofmanecon So communist Vietnam and Islam Malaysia Indonesia are now western friends. US may re- industrialize with AI energy&dollar,EU&Japan would have hard time ahead
@berthofmanecon Keeping in mind that the auto industry represents a disproportionate amount of manufacturing FDI dollars … The first chart is less about OECD increasing investment in SEA (trend not really increasing much) and more about pulling investment from China, with the auto sector being…
Meta -19%…
BREAKING: Meta stock, $META, has now erased $240 BILLION of market cap after reporting earnings, down as much as 19%. If $META closes at current levels tomorrow, it will mark the BIGGEST EVER 1-day loss of market cap by a stock. The previous record is also held by $META when…
latest batch of political verdicts from disgraced centrally-managed cadres, includes Ling Chengxing (MIIT), Zhang Xiulong (Guangxi SC) notable: Han Yong, a former deputy director in the CPPCC "shied away from struggles" (不敢担当斗争) never seen this one in a political verdict
The US government has an entire diplomatic corps - the US Commercial Service - devoted to advocating for US companies abroad. The US Treasury also spent years advocating for US financial institutions in high-level dialogues with China.
A bombshell scoop from @Hailey_Fuchs of @politico “The Chinese Embassy has held meetings with congressional staff to lobby against the legislation that would force a sale of TikTok, according to two of the Capitol Hill staffers.”
@berthofmanecon This pattern is getting faster. It took 70 years or more for US industrialization after the civil war, 40 years for Japan catching up after WW2, then only 30 years or so for China to do it. Could we see an ASEAN catch up within 20 years??
@berthofmanecon @MichaelOsta Yes, I saw a nice article on Norwegian Quora about USA that pointed to undersides of some supposed US superiorities. English translation of Norwegian article via DeepL. Thinking about other systems, how things don't necessarily have to be a certain way we do it can be helpful.
A beautiful tribute to David Dollar, who taught economics in China in the 1980s, from @berthofmanecon berthofman.substack.com/p/david-dollar
@berthofmanecon We really do have 'fast food' in the US! Reminds me of my French lit prof friend Annick Trouillet in Taipei 40 years ago, I'd go to her 'Salon de Yang Mingshan' and talk with her and friends for hours. Lunch blended into dinner...
Overcapacity, perhaps, even by Liao Min's standards? ICE sales were just under 18m cars last year. per @KeithBradsher "China has more than 100 factories with the capacity to build close to 40 million internal combustion engine cars a year."
@berthofmanecon Yeah, not a comfortable feeling: "Agamemnon, torn between his duty as a leader and his love for his daughter, ultimately agreed to the sacrifice."
Europe🇪🇺 vs the US 🇺🇸👇
Now also with behavioral data (half-joking, but let's supplement observations of behavior with self-reported attitudes when we can) x.com/berthofmanecon…
@berthofmanecon He was right to chose soldiering and not economics to make a living!