Kevin Rudd for PS on Point: China's Lessons from Russia's War

Kevin Rudd considers how Russia's fumbled invasion of Ukraine will affect Xi Jinping's strategic thinking. [View this message in a web browser]( [PS On Point]( JUNE 17, 2022 It is a mistake to think that Russia's war in Ukraine will change China's strategic objectives, or even its timeline for pursuing them. Chinese President Xi Jinping fully intends to complete Mao's revolution, writes former Australian Prime Minister Kevin Rudd, and that means reunifying Taiwan with the mainland within his own lifetime. [Read more](. Is Sustainable Investing Sustainable? In a new edition of The Big Question, Bertrand Badré, Karen Karniol-Tambour, Daniel Litvin, and Eva Zabey discuss whether the environmental, social, and governance movement will soon face a reckoning. [Read more](. On Point [China's Lessons from Russia's War]( [China's Lessons from Russia's War]( By Kevin Rudd For Chinese President Xi Jinping, a Marxist-Leninist dialectician, the events in Ukraine won’t fundamentally alter China's grand historical ascent. As a cautionary tale, Russia's military failures will simply impel China's leadership to make even more substantial preparations before seizing Taiwan. [Read more]( The Big Question [Is Sustainable Investing Sustainable?]( [Is Sustainable Investing Sustainable?]( with Bertrand Badré, Karen Karniol-Tambour, Daniel Litvin, and Eva Zabey Many argue that the boom in environmental, social, and governance investing has given the lie to Milton Friedman’s view that “the social responsibility of business is to increase its profits.” But with financial regulators, activists, and journalists increasingly on the lookout for possible greenwashing, we asked PS commentators whether there is more to the ESG phenomenon than hype. [Read more]( [Subscribe to PS today for the latest on politics and more.]( Say More [Marion Laboure on fintech, the crypto crash, stablecoins, and more]( [Marion Laboure on fintech, the crypto crash, stablecoins, and more]( [Marion Laboure]( puts the plummeting value of Bitcoin and other cryptocurrencies in perspective, considers how financial technologies can boost financial inclusion and reduce inequality, and highlights the vulnerabilities illustrated by the TerraUSD crash. Laboure is a lecturer at Harvard University, a senior economist at Deutsche Bank Research, and the author of [Democratizing Finance: The Radical Promise of Fintech](. [Read more]( Previously in On Point [Climate Science Meets Geopolitics]( [Climate Science Meets Geopolitics]( By Giulio Boccaletti Amid rising geopolitical tensions and accelerating deglobalization, governments will need to ensure that they have the infrastructure and human capital necessary to maintain a comparative advantage in earth sciences. Superiority in this field could prove decisive in any new cold war. [Read more]( [Contributor book recommendations and more, only in the Read More newsletter. Sign up now.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.