Peking Playbook 20250309

Peking Playbook

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Peking Playbook 20250309

Robert and I talk about the "two sessioins," the potential subsidies to support birth, central government's VC fund, Chinese response to Trump's tariffs, and the TSMC investment in the U.S.

Zichen Wang

and

Robert Wu

Mar 10, 2025

Transcript

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.

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