Eric Lu, a young American of Taiwanese origin, has just been awarded the Chopin Prize, the highest distinction for a pianist. He succeeds Yundi-Li, born in Chongqing, who had obtained it at the age of 18 a few years earlier, and Seong-Jincho, a South Korean national. They follow in the footsteps of Beijing-born Yuja-Wang and Lang Lang, a native of Shenyang, the capital of Liaoning, who have become two of the most beloved pianists on the planet. China has almost half of the world's piano players, and it's no surprise that its artists have been able to seduce ...

Continue reading

This concept was born in the United States and is starting to appear in Europe thanks to several articles in the Financial Times. What is it about? A new economic model where, structurally, its components would evolve in a divergent way. In the letter K, one branch is facing upwards and the other facing downwards. In the K-economy, part of the population sees its income and wealth increase while those of the rest of the population decrease continuously, hence a structural increase in inequality.

In the United States, in recent years, it has become much more difficult for a large ...

Continue reading

After two consecutive years of recession, the Bundesbank expects only a very weak recovery in growth in 2026, i.e. 0.6%. Germany is thus one of the worst performers among European economies. Long cited as an example for the rigour of its management, its controlled inflation and its large trade surpluses, the country now appears to be the sick man of Europe because it does not seem prepared to respond to the challenges caused by the fragmentation of the world economy and the growing competition from Chinese companies.

This is not the first time that its status as a ...

Continue reading