Charts on China

Adam Tooze is the latest addition to Substack. I highly recommend checking out numbers 8 and 9 of his newsletter. They discuss contemporary political and economic trends in China, and what they mean for the longevity of its new model of state capitalism. This passage in particular stood out for me:

Wash them down with a re-read of Francis Fukuyama’s famous 1989 article: “The End of History