China's economic strategy is characterized by a persistent 'economics of denial,' prioritizing massive state-directed investment in advanced technology over addressing weak domestic consumption. This approach is rooted in a flawed belief that controlling physical capital will automatically generate productivity and wage growth, ignoring the structural imbalance where domestic demand consistently falls short of supply. This overinvestment and underconsumption model is unsustainable. Consequently, Beijing's policies will continue to generate global deflationary pressures and escalating trade friction, necessitating a fundamental pivot toward consumption-led growth for long-term stability.
Haiti’s vicious circle: Funding is needed to end the violence. But the violence means the funding doesn’t come
English Summary
Haiti is trapped in a vicious circle where escalating gang violence and political infighting within the Transitional Presidential Council (TPC) deter the international funding and legitimacy required to restore order. With 90% of Port-au-Prince under criminal control and 8,100 deaths in 2025, the lack of a stable government counterpart severely undermines the UN’s Gang Suppression Force and the feasibility of democratic elections. Consequently, systemic security sector reform and economic recovery remain unachievable without a significant reversal in declining global development assistance.
中文摘要
海地陷入惡性循環：不斷升級的幫派暴力與過渡總統委員會（TPC）內部的政治內鬥，阻礙了恢復秩序所需的國際資助，並削弱了其合法性。目前太子港九成區域受犯罪集團控制，2025 年死亡人數已達 8,100 人。由於缺乏穩定的政府對接主體，嚴重損害了聯合國幫派鎮壓部隊的執行力以及舉行民主選舉的可行性。因此，若全球開發援助縮減的趨勢未能顯著逆轉，系統性的安全部門改革與經濟復甦將難以實現。
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