Editor’s note for Thursday, January 13, 2022
A note for Access newsletter readers from Jeremy Goldkorn.
My thoughts today:
โChina’s economic plan these days reads like a massive security plan,โ tweeted Lingling Wei of the Wall Street Journal:
Food security. Energy security. Raw materials security. Supply chain security. Data and tech security. Behind the security obsession is a fundamentally changed relationship with the U.S.
You can read her article on the subject here.
No chatter about money for babies! That seems to be the Chinese governmentโs message yesterday in banning Rรฉn Zรฉpรญng ไปปๆณฝๅนณ, one of Chinaโs highest-paid and best-known economists, from posting on social media. The move came after he suggested Chinaโs central bank print 2 trillion yuan ($314 billion) to encourage childbirth.
One of Renโs previous jobs was economist at severely troubled real estate firm Evergrande, so perhaps the government has a point.
Our word of the day is circuit breaker (or fuse: ็ๆญ rรณngduร n), the name of the Chinese aviation rule that limits airlinesโ international routesโ when their planes arrive with COVID positive passengers โ see todayโs top story for details.
โJeremy Goldkorn, Editor-in-Chief
