You bring a relevant dimension, often overlooked, to the discussion, I.e. the evolution of the manufacturing model and of mechanics of scale economies. Also, to

You bring a relevant dimension, often overlooked, to the discussion, I.e. the evolution of the manufacturing model and of mechanics of scale economies. Also, to add to that, what we witness with Covid is the disruption of logistics that makes that transition even more relevant. And the social pressure from societies that, whether right or wrong, now associate isolation with better local opportunities and bearable impacts from limited trade. China is understanding the loss it faces in global market trends. That’s why it focuses introspectively on fairness of distribution of wealth. Because fairness will enable a decentralised supply and innovation model targeted on internal consumption of increasingly sophisticated consumers. A tough balance in the context of socialist principles but China has demonstrated impressive ability to weather conceptual stresses on ideological boundaries on the supply end, now they will focus on demand. I am actually optimistic that, for a while at least, benefits will be felt across all economies. It’s the mechanics of the next crisis that will draw the fields of the next conflict.