Power no longer flows from persuasion or values alone. In 2025, leverage sits in chokepoints: energy routes, chip supply chains, payment rails, shipping corridors, platforms, and custody systems. States that control bottlenecks can still force outcomes. States that cannot are left issuing statements while power moves elsewhere
Europe and Britain are discovering a hard truth: money and slogans do not manufacture shells, fix rail networks, or deliver armoured vehicles on time. In 2025, power is drifting toward systems that can execute, not those that can only announce. Values still matter, but without institutional delivery they turn into rhetoric and publics stop believing
Xinhua’s space yearender reads like a science roundup, but it is really a capability statement. Space is the cleanest theatre for showing state capacity because reality does not accept spin. The signal is industrial sovereignty: build, test, fail, fix, repeat. Reusable rockets and deep space missions are not romance. They are proof of institutions that can plan beyond the next cycle