Afleveringen

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    Show Notes:

    On today's show Andrew and Bill begin with Secretary of State Anthony Blinken's trip to Beijing and Shanghai this week, including reports that the Blinken plans to warn PRC counterparts about their continued commercial support of Russia's defense industry, and additional reports that the U.S. has drafted sanctions that could be levied against Chinese banks facilitating that support. From there: The many flashpoints that have emerged since Xi Jinping and Joe Biden shared their "San Francisco Vision," talking points from the Ministry of Foreign Affairs in advance of Blinken's visit, and interesting language from Speaker of the House Mike Johnson late last week. Then: The House TikTok legislation is about to become law, what TikTok may do next, and questions surrounding the PLA's new Information Support Force. At the end: A recent scandal for Chinese swimming inspires memories from the '90s and commentary from Ambassador Rahm Emanuel.

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    Show Notes:

    On today’s show Andrew and Bill begin with takeaways from the meeting between Xi Jinping and German Chancellor Olaf Scholz, including muted messaging on overcapacity concerns, Germany’s investments in the PRC market, and a request for Xi Jinping to broker peace in Ukraine. From there: Economic data from Q1 in China, and a question about Beijing's calculus in the face of mounting tension between Iran and Israel. At the end: National Security Day and more anecdotes from the MSS, memories from Bill’s time translating Chinese literature in the early 90s, journalist Vicky Xu shines a light on transnational harassment in Australia, and Fortune Magazine delivers the latest blow to TikTok's claims of independence from ByteDance.

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    Show Notes:

    On today's show Andrew and Bill begin with takeaways from Secretary of Treasury Janet Yellen's visit to China, including what her meetings may or may not accomplish and the likely next steps for the Biden Administration in the months to come. From there: As the US and Europe grapple with the threat of cheaper PRC goods in key industries, how might China respond to raised tariffs around the world? Will there be consequences for continued support of Russia's defense industrial base? And how realistic is the deterrence strategy articulated by Ambassador Rahm Emanuel this week? At the end: A question about Xi's vision for the PRC financial system, the deepening partnership between the US and Japan, the US and allies conduct naval exercises in the South China Sea, and a question about Tesla's 0% financing for PRC customers.

  • This episode of Sharp China is free for everyone.

    Show Notes:

    On today's show Andrew and Bill begin with takeaways from Tuesday’s phone call between President Biden and President Xi, including the PRC rhetoric surrounding US trade and tech policies, and messages to both domestic audiences and allies. From there: Janet Yellen’s visit to China and her evolving stance on PRC exports, the March Politburo meeting comes and goes without plenum news, Xi meets with U.S. business leaders, and Harvard’s Graham Allison emerges as a potential Henry Kissinger successor. At the end: Escalating rhetoric and the latest confrontation between the PRC and the Philippines, Tesla’s latest sales numbers and structural challenges in the PRC, and the debut of 3 Body Problem on Netflix.

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    Related Readings:

    Xi-Biden call; More US tech controls coming?; NDRC on equipment and consumer upgrades; Another Justice Minister goes down -- Sinocism

    March Politburo meeting; PRC-Philippines tensions; Xi's meeting with US VIPs -- Sinocism

    Joe Biden and Xi Jinping have ‘candid’ phone call in first engagement since November -- FT

    US and EU officials talk China in Belgium -- Politico EU

    Janet Yellen Missed the First ‘China Shock.’ Can She Stop the Second? -- WSJ

    China's Xi meets American CEOs in bid to boost confidence in ailing economy -- NBC News

    'China and US are inseparable, conjoined Siamese twins:' Graham Allison - Global Times

    Thread by Graham Allison -- Graham Allison on X

    Professor Graham ‘Thucydides Trap’ Allison’s Three-Body Problem -- China Heritage

    China coast guard water cannons Philippine resupply ship -- Joseph Morong on X

    Tesla’s Shrinking China Market Share Compounds Global Woes -- Bloomberg

    [Three-Body] EP01 | Tencent Video -- YouTube

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    Show Notes:

    On today’s show Andrew and Bill begin with the Ministry of State Security providing its interpretation of the Cybersecurity Law. Topics include: The odd timing of this message as debate roils over TikTok, the legal and regulatory framework that’s emerged under Xi, and the lack of anonymity on the PRC internet. From there: The Hong Kong legislature passes Article 23 faster than expected, and an update on the state of the TikTok legislation as the Senate prepares for an intel briefing on Wednesday. Then: Lessons from the solar industry as domestic suppliers in the EU and US struggle to compete with the PRC, Liu Jianchao offers clarifying commentary on China's approach to the Global South, Rahm Emanuel talks to Semafor, and Zach Edey takes center stage in the NCAA Tournament.

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    Show Notes:

    On today’s show Andrew and Bill begin with a week of surprising progress for the Protecting Foreign Adversary Controlled Applications Act. With the House set to vote Wednesday, they discuss the origins of the bill and months of work behind the scenes, TikTok’s now-infamous in-app alert, and why Beijing is likely to oppose any divestment plan if the bill eventually becomes law. From there: The factions in Washington that are opposing this bill, regulatory obstacles for American Internet companies in China, alignment or lack thereof between US business interests and Beijing, and what the next few months for TikTok and Congress could signify. At the end: A report that Li Qiang won’t attend this year’s China Development Forum, Mercedes CEO Ola Källenius lobbies for lower tariffs in the EU, and a few final notes from the Two Sessions.

  • Show Notes:

    On today's show Andrew and Bill begin with takeaways from the Two Sessions, including the work report from Premier Li Qiang, what to make of the 5% GDP growth target for 2024, the cancellation of Li's press conference, Xi Jinping’s visit to the Jiangsu breakout session and his message on new productive forces and economic development, and the evolution of the Two Sessions in recent years. From there: The latest exchange between the Philippines and the PRC in the South China Sea, the Biden White House announces an investigation into Chinese EVs, and there’s a bipartisan bill in the House that will renew the TikTok conversation in D.C.

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    Related Readings:

    No big surprises in the NPC work report; Xi talks new productive forces with Jiangsu delegation; Second Thomas Shoal; TikTok -- Sinocism

    Two sessions; Talking up the economy’s bright prospects; US-China; "Pseudo-middle class trap" -- Sinocism

    China’s Premier Steps Deeper Into Xi’s Shadow -- WSJ

    Xi’s One-Man Rule Over China’s Economy Is Spurring Unrest -- Bloomberg

    Philippines says crew hurt, vessels damaged by China Coast Guard -- ABS-CBN News

    Video from Armed Forces of the Philippines -- Barnaby Lo 吳宗鴻 on X

    Statement from President Biden on Addressing National Security Risks to the U.S. Auto Industry -- The White House

    US Probes Security Risks in Chinese Cars, Mulls Curbs -- Bloomberg

    China's global auto strength: Why cost advantage is key for Chinese automakers -- YouTube

    Lawmakers introduce bill that would punish app stores for hosting TikTok -- Verge

    TikTok may have more to worry about this time. Tweeting misinformation about the draft bill will not help the company

    The draft bill, heading for markup Thursday - Protecting Americans from Foreign Adversary Controlled Applications Act - Punchbowl News



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  • This is a free preview of a paid episode. To hear more, visit sinocism.com

    On today’s show Andrew and Bill begin with an overview of the CPPCC, the NPC and what to expect as the Two Sessions begin this weekend. Topics include: Xi’s recent absence from public view, the resignation of Qin Gang as an NPC delegate, Li Shangfu’s removal from the party CMC’s official website, Li Qiang’s first work report as premier, and why Xi Jinping’s is unlikely to echo last year’s comments on the US. From there: Reactions to the I-SOON leaks as evidence of PRC hacking continues to circulate around the world, while Congress has questions for Elon Musk about SpaceX in Taiwan and whether the company is fulfilling its obligations to the US government. At the end: News on the Village Basketball Association, Joe Tsai’s Brooklyn Nets celebrate Lunar New Year, and Pandas are coming back to San Diego and (probably) Washington D.C.

  • This is a free preview of a paid episode. To hear more, visit sinocism.com

    Show Notes:

    On today's show Andrew and Bill begin with recent meetings between US officials and PRC counterparts in Munich and Vienna, including complaints from both PRC Director of the CCP Central Foreign Affairs Commission and Foreign Minister Wang Yi and Minister of Public Security Wang Xiaohong that the U.S. has harassed PRC students trying to enter the U.S., as well as a note about China's designation as a "major drug source country." From there: The MSS takes to WeChat to criticize the CIA, while the FBI Director warns the Munich Security Forum that Chinese malware capabilities have reached an unprecedented scale. From there: A Financial Times op-ed argues that America has done a poor job countering PRC information warfare, and Congressional staffers debate a blacklist policy for lobbying firms doing business with select PRC entities. At the end: Congressman Mike Gallagher announces he won't seek reelection, while Lionel Messi explains himself (again).

    Related readings:

    Holiday data OK; Emancipating minds; Kinmen; Party History; Wang Yi in Europe -- Sinocism

    China protests treatment of its students at Dulles and other U.S. entry points -- NBC News

    Memorandum on Presidential Determination on Major Drug Transit or Major Illicit Drug Producing Countries for Fiscal Year 2024 -- The White House

    Spycraft and Statecraft -- Foreign Affairs

    National security authority accuses CIA of ‘bringing suit against its victims’ in bilingual article, showing anti-spy moves justified, legitimate -- Global Times

    FBI Director Says China Cyberattacks on U.S. Infrastructure Now at Unprecedented Scale -- WSJ

    The US needs a better strategic narrative or it will cede influence to China -- FT

    Lawmakers weigh blacklist for firms lobbying for Chinese military-linked companies -- Politico

    TikTok hires Biden-connected firm as it finds itself under D.C.’s microscope -- Politico

    GOP Rising Star and China Watchdog Mike Gallagher to Quit Congress -- WSJ

    After fallout in China, Messi insists politics had nothing to do with missing game in Hong Kong -- AP

    Lionel Messi's official statement about missing the game in Hong Kong -- YouTube

    John Cena apologises to China for calling Taiwan a country (english subtitles) -- YouTube

    To add the Sharp China feed to your preferred podcast player:

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    Show Notes:

    On today's show Andrew and Bill begin with another week of volatility in and around the PRC markets, including a crash on Monday, stabilization as the week unfolded, reports of a meeting between Xi and regulators, and changes at the CSRC. Then: For the first time in 17 years Mexico has supplanted China as the biggest U.S. trade partner, which raises questions about the future of the bilateral trade relationship and volume of PRC goods that have been diverted through countries like Mexico and Vietnam. At the end: The future of green energy manufacturing in the EU and China, a look at the sad and absurd week of controversy surrounding Lionel Messi, and a Happy Lunar New Year to all Sharp China listeners.

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    Happy year of the Dragon!

    Related readings:

    CSRC head replaced; Government wants more EV exports; Wei Fenghe absence; Messi’s groin good enough for Japan -- Sinocism

    Stocks; Xi Thought; Nukes -- Sinocism

    Xi Can’t Use 2015 Playbook to Calm China Markets, Investors Say -- Bloomberg

    Xi to Discuss China Stocks With Regulators as Rescue Bets Build -- Bloomberg

    Paul Krugman 2024 - China’s Economy Is in Serious Trouble -- N.Y. Times

    Paul Krugman 2013 - Hitting China's Wall -- N.Y. Times

    China’s well-to-do are under assault from every side -- The Economist

    How a U.S. Embassy post about giraffes became an outlet for despair about China’s tumbling stock markets -- NBC News

    China dethroned as top source of US imports after 17 years, replaced by Mexico: census data -- SCMP

    A China-U.S. Decoupling? You Ain’t Seen Nothing Yet -- WSJ

    EU mum as solar industry time bomb ticks -- Politico

    With solar industry in crisis, Europe in a bind over Chinese imports -- Reuters

    Messi is playing in a match that concerns integrity: Global Times editorial -- Global Times

    China says Messi's absence in Hong Kong match beyond 'realm of sports' as fury builds -- Reuters

  • This episode of Sharp China is free for everyone.

    Show Notes:

    On today’s show Andrew and Bill begin with reactions to the revival of Article 23 and thoughts on the landscape in Hong Kong as its laws continue to converge with the mainland. Then: A step back for the stock markets after last week’s stabilization efforts, another politburo meeting comes and goes without any announcement of a plenum, and a question about buying real estate in China. At the end: A listener has a question about President Trump and Taiwan, TikTok CEO Shou Zi Chew is grilled by Senator Tom Cotton, Secretary Raimondo has concerns about EV data collection, and it’s the one-year anniversary of the spy balloon.

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    Related readings:

    Article 23 for Hong Kong; Real estate; Economic policy; Bill Burns on China -- Sinocism

    Stock Market; China Evergrande liquidation; US-China; Another missile cadre goes down -- Sinocism

    Hong Kong unveils new security law in further repeal of liberties -- Nikkei Asia

    Hong Kong activist publisher Jimmy Lai pleads not guilty to sedition and collusion charges -- AP

    Hong Kong announces plans to ‘trawl the world for talents’ -- CNBC

    China Stocks Sink to Five-Year Low as Traders Unwind Rescue Bets -- Bloomberg

    China Politburo Avoids Setting Date for Key Economic Meeting -- Bloomberg

    China Says Trump Could Abandon Taiwan If He Wins US Election -- Bloomberg

    Trump says Taiwan 'took our business away' -- YouTube

    Senator Tom Cotton’s exchange with TikTok CEO Shou Zi Chew:

    Cotton defends pressing TikTok CEO on ties to Chinese Communist Party -- The Hill

    TikTok Struggles to Protect U.S. Data From Its China Parent -- Wall St. Journal

    Jake Sullivan on the Future of US-China Relations -- CFR

    Raimondo Says Chinese EVs Are a National Security Risk For US, EU -- Asia Financial

    Spy Balloon Memories -- Politico EU

    To add the Sharp China feed to your preferred podcast player:

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    Show Notes:

    On today’s show Andrew and Bill begin with an expanding list of sensitive sites around China at which Tesla vehicles have been deemed a security risk. With the PRC electric vehicle industry expanding every year, what does the future look like for Elon Musk and Tesla in China? And as PRC auto manufacturing outpaces domestic demand, how might the rest of the world react as Chinese cars flood foreign markets? Then: A few new messages and policies emerge as Beijing’s response to weak investor sentiment begins to crystallize and the markets appear to stabilize. At the end: More questions about the PRC response to Houthi attacks in the Red Sea, a meeting this weekend between Jake Sullivan and Wang Yi, and the latest adventures on WeChat from the Ministry of State Security.

  • This is a free preview of a paid episode. To hear more, visit sinocism.com

    Show Notes:

    On today’s show Andrew and Bill begin with last weekend’s election in Taiwan, where William Lai and the DPP retained their hold on the presidency but lost a majority in the legislature. Topics include: The reactions from China and around the world, continued questions about a timeline for “reunification”, Hong Kong as a cautionary tale for th…

  • This episode of Sharp China is free for everyone.

    Show notes:

    On today's show Andrew and Bill begin with a note about this weekend’s elections in Taiwan before turning back to the upheaval in the PLA. Topics include: Bloomberg's reporting on a US intelligence assessment, realism on PRC capabilities, the history of PLA corruption, and recent reporting about China's nuclear ambitions. From there: Reactions to the foreign affairs work conference in late December, why Beijing sees opportunities around the world, and thoughts on Liu Jianchao's visit to the US and his future as a possible successor to Qin Gang. At the end: Xi reconnects with old friends in Iowa, balloon updates will continue forever, a listener provides more context on a December Fox News report, and a Christmas present offers a path forward for the National Zoo.

    Related readings:

    CCDI Plenum; PLA corruption; MSS, MI6 and 007; Xizang; Apple AirDrop -- Sinocism

    New Minister of Defense and more signs of a PLA purge; Foreign Affairs Work Conference; Reprieve for gaming?; Jimmy Lai -- Sinocism

    Taiwan’s Air Raid Alarm on Satellite Causes Pre-Election Anxiety -- Bloomberg

    US Intelligence Shows Flawed China Missiles Led Xi to Purge Army -- Bloomberg

    Thread by Kevin Yam 任建峰 -- X

    China Quietly Rebuilds Secretive Base for Nuclear Tests -- N.Y. Times

    How China’s Echo Chamber Threatens Taiwan -- Foreign Affairs

    China's Power: Up for Debate 2023 PM Session -- YouTube

    China's foreign minister contender seeks peace, including on Taiwan -- Nikkei Asia

    To old friend in Iowa, Xi says world requires stability in China-US ties -- Reuters

    U.S. intelligence officials determined the Chinese spy balloon used a U.S. internet provider to communicate -- NBC News

    CCP-tied group is quietly fueling US-based climate initiatives: tax filings -- Fox News

    China calls for peaceful coexistence and promises pandas on the 45th anniversary of U.S.-China ties -- Reuters

    Dall-E’s rendering of a DF-4 missile fueled with water:

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    On today’s show Andrew and Bill talk through questions and key areas to watch during the year to come in China. First: A look at the economy a year after the end of dynamic zero covid, including a Bloomberg report on the real estate market and household wealth, MSS warnings about discourse traps, and a corruption crackdown that's likely to continue. Then: Foreign policy questions include ongoing tensions with the Philippines and Taiwan, an ODNI report on election interference in the US, and a tactical stabilization with the Americans that may be tested as early as January. At the end: Andrew runs through various memories from the past year, including 72 hours of unmanned airship sightings, a Barbie controversy, the God of Money menu, Ambassador Rahm Emanuel, Gina Raimondo’s trip to Beijing, Gavin Newsom, and an emailer’s submission for a new Sharp China logo.

  • This is a free preview of a paid episode. To hear more, visit sinocism.com

    On today's show Andrew and Bill begin with thoughts on the readout from the Central Economic Work Conference, including the emphasis on "progress" alongside stability, high-quality development and high-level security, PRC attempts at brand management, and where infrastructure investment might be going. From there: More water cannons, more controversy, and the same concerns as problems persist between the Chinese Coast Guard and the Philippines in the South China Sea. At the end: Frustrations with the hawk-dove spectrum, Henry Kissinger's complicated legacy, and questions about flights to China, academic engagement, and good Chinese TV dramas.

    Related readings:

    Central Economic Work Conference; Xi in Vietnam; Short video crackdown -- Sinocism

    Central Economic Work Conference; Progress vs stability; PRC-Philippines standoffs; Fentanyl -- Sinocism

    CEWC 2024 readout -- Translation by Sinocism

    Rise in Chinese steel output drives sharp rally in iron ore -- FT

    U.S. Support for the Philippines in the South China Sea -- State Department

    Philippine festive flotilla turns back after Chinese interception -- The Guardian

    China’s Position on the Political Settlement of the Ukraine Crisis -- MoFA

    What It Feels Like To Be the Target of China’s Water Cannons - NYT

    China uses water cannons anew vs Filipino ships in West Philippine Sea -- YouTube:

    What Henry Kissinger wrought -- Vox

    What the Henry Kissinger Obituaries Got Wrong - POLITICO - James Mann

    Ambassador Xie Feng met with former U.S. Secretary of State Henry Kissinger -- MoFA

    To add the Sharp China feed to your preferred podcast player:

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  • This episode of Sharp China is free for everyone.

    Show notes:

    On today’s show Andrew and Bill begin by parsing the claims contained in a controversial piece from Politico, including thoughts on the spectrum of rumors surrounding this year’s disappearing cabinet members, the smaller-than-ever circle of true insiders in Xi’s China, and certain details of present-day CPC politics and that are beyond dispute. From there: Several stories in and around the finance sector, where there have been more warnings against relaying bad news, there is still no third plenum announcement, the Central Financial Work Commission has provided new guidance, and Moody’s is taking precautions for its local employees. At the end: Checking in with Secretary Gina Raimondo, Nvidia’s Jensen Huang, the House of Representatives, and Huawei's role in the PRC chip constellation.

    To subscribe to Sinocism and gain access to all podcast episodes as well as every issue of Sinocism from Bill Bishop, click here.

    To subscribe to Stratechery Plus and receive daily writing from Ben Thompson and daily podcasts from Andrew Sharp, click here.

    Related readings:

    Finance with Chinese characteristics; Politico on recent elite rumors; Wang-Blinken chat; Nuclear power; Vaping; Moody's

    Unswervingly Follow the Path of Financial Development with Chinese Characteristics -- Translation by Sinocism.com

    China’s Xi goes full Stalin with purge -- Politico EU

    China military official warns of ‘erroneous ideological trends’ spreading in PLA -- SCMP

    Media groups raise concerns following report of ‘missing’ Hong Kong journalist in China -- CNN

    Matter of minutes: Why Cheng Lei did not see her family for three years -- Sydney Morning Herald

    China Investment Bank Bans Displays of Wealth -- Bloomberg

    China’s Xi Seen Delaying Key Economic Plenum, Defying Norms -- Bloomberg

    Xi Jinping Is Asserting Tighter Control of Finance in China -- N.Y. Times

    Moody’s advised staff to work from home ahead of China outlook cut -- FT

    Moody’s Faces Growing Backlash Over Its Negative Outlook on China -- WSJ

    RNDF 2023 Fireside Chat – The Honorable Gina M. Raimondo, U.S. Secretary of Commerce -- YouTube

    China Secretly Transforms Huawei Into Most Powerful Chip War Weapon -- Blooomberg News

    House Speaker Johnson Drops China Investment Curbs From Defense Bill -- Bloomberg

    To add the Sharp China feed to your preferred podcast player:

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  • This is a free preview of a paid episode. To hear more, visit sinocism.com

    On today's show Andrew and Bill begin with a new generation of foreign influencers said to be assisting in Xi's campaign to “tell China's story well” and an update on Wolf Warrior diplomacy as 2023 draws to a close. Then: Q&A with the Sinocism chat, including a request for tangible signs of fentanyl progress, regional governments vying for debt relief, Li Qiang at the Central Financial Commission, and a look at why and how PRC citizens are moving investments outside China. At the end: One listener's theory on why Xi may retain power for years to come, the outbreaks straining hospitals around China, and a renowned Chef's egg fried rice ignites a controversy

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    Related readings:

    Politburo meeting; No date for Third Plenum; More Party in foreign affairs work; Support for private enterprises; Myanmar-PRC border; 蛋炒饭 -- Sinocism

    Xi in Shanghai; Politburo studies foreign legal work; Xi and Putin's gas; ICBC corruption -- Sinocism

    Singing from the CCP’s songsheet -- Australian Strategic Policy Institute

    Friendly foreign influencers win growing following in China -- Financial Times

    Sidney Rittenberg, Idealistic American Aide to Mao Who Evolved to Counsel Capitalists, Dies at 98 -- N.Y. Times

    Zhao Lijian: China reassigns combative ‘Wolf Warrior’ diplomat -- BBC

    China Premier Li Qiang Named Head of Powerful Financial Body -- Bloomberg

    Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China. -- N.Y. Times

    Everything You Need to Know About China’s Child Pneumonia Outbreak -- Bloomberg

    China's Next Epidemic Is Already Here - Foreign Policy

    Famous Chef Accused of Mocking Mao, Again -- China Digital Times

    Chef Wang teaches you: Homestyle egg fried rice. Several key steps, let's learn together! -- Chef Wang

    Mao Zedong’s son died over a bowl of egg-fried rice and the CCP continues to cover it up -- State of Play in China

    Chef Wang’s Youtube channel, now English subtitles available in the settings

    Chef Wang has one of the best outdoor kitchens in the world:

    To add the Sharp China feed to your preferred podcast player:

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    The “email link” in the pulldown shown above will send you an email that also makes it easy to set it up in your preferred podcast app on your phone.

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  • This is a free preview of a paid episode. To hear more, visit sinocism.com

    Show notes:

    On today's show Andrew and Bill look back at a week of news from San Francisco. Topics include: A "tactical stabilization" in the US-China relationship, world leaders comparing cars, concessions from the US and a PRC commitment on fentanyl, whether China would prefer Biden or Trump in 2024, and what else was achieved on both sides of the Bide…

  • Show notes:

    After one year of Sharp Tech and Sharp China, a summit with Ben Thompson, Bill Bishop and Andrew Sharp to discuss podcasting, the chip ban, the US-China relationship and beyond. To read the full transcript, click here.

    We recorded this podcast the afternoon of the Xi-Biden meeting on November 15. Andrew and I will record a separate podcast early next week in which we will discuss that meeting.

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    Click on the "listen on" button and you will see a dropdown with several options. Make sure you are logged into your account when you do it so you get the correct private RSS feed for subscribers. If you have not logged in for a while you can enter your email and then we will send you a login link.

    The “email link” in the pulldown shown above will send you an email that also makes it easy to set it up in your preferred podcast app on your phone.

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