Ep 82 - Another grim month for the Chinese economy
China’s July macro data just landed, and the title of our monthly macro note says it all: “A Grim Picture.” Consumption, investment, and property all deteriorated further last month – and the two prop...
20 Elo 37min
Ep 81 - The AI loophole Washington can’t afford to close
Chinese companies can’t legally buy the most advanced US-made AI chips, so they’re renting them instead – from data centers in Thailand, Malaysia, and beyond – completely legally. US policymakers know...
17 Elo 31min
Ep 80 - The China chokepoints nobody's watching
When it comes to China’s key nodes of economic leverage, rare earths get all the attention – because they’re the cheapest, easiest lever China has to pull. But the more durable – and future – points o...
13 Elo 1h 3min
Ep 79 - Beijing stops playing coy
On August 5th, China dropped a new batch of retaliatory economic measures against various US entities. And this time, officials did something they rarely do – naming exactly which US actions they were...
11 Elo 33min
Ep 78 - China's secret weapon isn't subsidies, it's pain tolerance
US policymakers are constantly discussing whether America can leapfrog China in key technologies. Our answer: probably not, and batteries prove it.In fact, the real question isn't whether the US can –...
6 Elo 1h 9min
Ep 77 - There’s no such thing as overcapacity, China says
Beijing just released its most detailed rebuttal yet to accusations from the West around industrial overcapacity – and it pointedly avoided using the very word that started the fight in the first plac...
2 Elo 43min
Ep 76 - China's economy is hurting, Beijing's answer is patience
China's July Politburo meeting is always a big one, as the leadership takes stock of the economy and signals policy adjustments for the second half of the year. In this year’s July meeting, officials ...
31 Heinä 17min
Ep 75 - DeepSeek Founder Goes Off Script in Leaked Investor Call
A leaked, four-hour investor call with DeepSeek founder Liang Wenfeng has been spreading like wildfire on the Chinese internet over the past few days – before links to it started disappearing – and Tr...
27 Heinä 24min
