Hello! Welcome to the 4th episode of the on-and-off podcast that has been tentatively named “Peking Playbook,” mainly featuring me and Robert Wu, of Baiguan and China Translated, just talking about recent news.
In the following half-hour conversation recorded on Sunday morning ET, March 9, 2025, we touched on
[00:56] Two Sessions?
[03:31] Birth subsidies
[06:33] 1-trillion-yuan state VC fund?
[11:33] China’s retaliatory tariff on US agricultural products
[17:32] Trump’s impact on stock market confidence
[19:47] TSMC’s $100b investment in the US
At the time of the recording, I was in Princeton, New Jersey and Robert is in Shanghai.
Broad, Vague Policy Language is Just Indecision (2019)
Ever been puzzled by the broad and vague language in policy documents? Essentially, many of them are simply a result of inter-departmental, inter-agency indecision, according to Xu Zhong, then Director-General of the Research Bureau of the People’s Bank of China in 2019, and now Deputy Secretary-General of China’s state-backed
Share this post