European criticism of the Inflation Reduction Act's narrow definition of friend-shoring isn't a surprise.

But it is strange that most of Europe now believes the IRA is a massive threat to European industry, while even more discriminatory Chinese policies are largely ignored

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In my speech “Monetary policy tightening and the green transition” I discuss how the current macroeconomic environment, in particular painfully high inflation and rising interest rates, impacts the green transition and what this implies for monetary and fiscal policymakers. 1/17 twitter.com/ecb/status/1612754534127861760
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Does China distance itself from Russia because of war against Ukraine? A terrific @FT piece helps to understand how Beijing wants its policy towards Moscow to be seen in Western capitals. Spoiler alert: the real policy might be very different. Let me help to unpack it. 1/
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