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On today's show Andrew and Bill begin by wishing a happy Mid-Autumn Festival to all. Then: The PRC government implements the Decision on Gradually Raising the Statutory Retirement Ages. Why was this necessary, why were the changes made now, and what might this signal about the rest of goals and reforms announced at the Third Plenum? From there: The PRC blockade at Xianbin Jiao/Sabina Shoal appears to have succeeded as the Philippines returns the BRP Theresa Magbanua to port, and questions persist as to when, and how, the US might deter PRC tactics in the South China Sea. At the end: The latest lobbying effort surrounding updated export controls, Japan's negotiations with the US over export controls, the Biden administration takes on the de minimis loophole, and TikTok's trial begins in DC.
On this episode of China Field Notes, Scott Kennedy speaks with Yuan Haiying, one of the pioneers of the government affairs profession in China. Yuan explains the origins of the industry, how it has changed and evolved throughout his career, how the field help Chinese and foreign multinational companies navigate current geopolitical challenges, and the profession's future. Yuan then provides his outlook on the recently concluded Third Plenum economic conference and other opportunities and challenges in China's economy today. Yuan Haiying founded Yuan Associates in February 2004, and since then he and the firm have become major players in China's growing government affairs industry. Yuan has thirty years of experience in the Chinese Government, including senior diplomatic postings in Washington D.C., as China's Agriculture Attaché, and in Rome, as the Alternate Representative to the United Nations Food and Agriculture Organization. He has been involved in negotiations on numerous bilateral and multilateral agreements in the areas of trade, investment, agriculture, forestry, fishery and environmental protection. For his efforts, he received an Outstanding Contribution Certificate from the U.S. Secretary of Agriculture and Outstanding Contribution Awards from the U.S. Forest Service and the U.S. Fish and Wildlife Service. In China, Yuan was the Director of the Ministry of Forestry's Department of International Cooperation. After retiring from public service, Yuan worked as a Senior Vice President at Edelman Public Relations and as a Vice President at APCO Worldwide. Yuan chaired the Government Affairs Committee of the American Chamber of Commerce and the China Quality Brands Protection Committee (QBPC) of the Chinese Government Cooperation Committee.
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Survey: How Do Elite Chinese Students Feel About the Risks of AI?, published by Nick Corvino on September 2, 2024 on The Effective Altruism Forum. Introduction In April 2024, my colleague and I (both affiliated with Peking University) conducted a survey involving 510 students from Tsinghua University and 518 students from Peking University - China's two top academic institutions. Our focus was on their perspectives regarding the frontier risks of artificial intelligence. In the People's Republic of China (PRC), publicly accessible survey data on AI is relatively rare, so we hope this report provides some valuable insights into how people in the PRC are thinking about AI (especially the risks). Throughout this post, I'll do my best to weave in other data reflecting the broader Chinese sentiment toward AI. For similar research, check out The Center for Long-Term Artificial Intelligence, YouGov, Monmouth University, The Artificial Intelligence Policy Institute, and notably, a poll conducted by Rethink Priorities, which closely informed our survey design. You can read the full report published in the Jamestown Foundation's China Brief here: Survey: How Do Elite Chinese Students Feel About the Risks of AI? Key Takeaways Students are more optimistic about the benefits of AI than concerned about the harms. 80 percent of respondents agreed or strongly agreed with the statement that AI will do more good than harm for society, with only 7.5 percent actively believing the harms could outweigh the benefits. This, similar to other polling, indicates that the PRC is one of the most optimistic countries concerning the development of AI. Students strongly believe the Chinese government should regulate AI. 85.31 percent of respondents believe AI should be regulated by the government, with only 6 percent actively believing it should not. This contrasts with trends seen in other countries, where there is typically a positive correlation between optimism about AI and calls for minimizing regulation. The strong support for regulation in the PRC, even as optimism about AI remains high, suggests a distinct perspective on the role of government oversight in the PRC context. Students ranked AI the lowest among all possible existential threats to humanity. When asked about the most likely causes of human extinction, misaligned artificial intelligence received the lowest score. Nuclear war, natural disaster, climate change, and pandemics all proved more concerning for students. Students lean towards cooperation between the United States and the PRC as necessary for the safe and responsible development of AI. 60.7 percent of respondents believe AI will not be developed safely without cooperation between China and the U.S., with 25.68 percent believing it will develop safely no matter the level of cooperation. Students are most concerned about the use of AI for surveillance. This was followed by misinformation, existential risk, wealth inequality, increased political tension, various issues related to bias, with the suffering of artificial entities receiving the lowest score. Background As the recent decision (决定) document from the Third Plenum meetings in July made clear, AI is one of eight technologies that the Chinese Communist Party (CCP) leadership sees as critical for achieving "Chinese-style modernization (中国式现代化)," and is central to the strategy of centering the country's economic future around breakthroughs in frontier science ( People's Daily, July 22). The PRC also seeks to shape international norms on AI, including on AI risks. In October 2023, Xi Jinping announced a "Global AI Governance Initiative (全球人工智能治理倡议)" ( CAC, October 18, 2023). Tsinghua and Peking Universty are the two most prestigious universities in the PRC (by far), many of whose graduates will be very influential in sh...
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Survey: How Do Elite Chinese Students Feel About the Risks of AI?, published by Nick Corvino on September 2, 2024 on The AI Alignment Forum. Intro In April 2024, my colleague and I (both affiliated with Peking University) conducted a survey involving 510 students from Tsinghua University and 518 students from Peking University - China's two top academic institutions. Our focus was on their perspectives regarding the frontier risks of artificial intelligence. In the People's Republic of China (PRC), publicly accessible survey data on AI is relatively rare, so we hope this report provides some valuable insights into how people in the PRC are thinking about AI (especially the risks). Throughout this post, I'll do my best to weave in other data reflecting the broader Chinese sentiment toward AI. For similar research, check out The Center for Long-Term Artificial Intelligence, YouGov, Monmouth University, The Artificial Intelligence Policy Institute, and notably, a poll conducted by Rethink Priorities, which closely informed our survey design. You can read the full report published in the Jamestown Foundation's China Brief here: Survey: How Do Elite Chinese Students Feel About the Risks of AI? Key Takeaways Students are more optimistic about the benefits of AI than concerned about the harms. 80 percent of respondents agreed or strongly agreed with the statement that AI will do more good than harm for society, with only 7.5 percent actively believing the harms could outweigh the benefits. This, similar to other polling, indicates that the PRC is one of the most optimistic countries concerning the development of AI. Students strongly believe the Chinese government should regulate AI. 85.31 percent of respondents believe AI should be regulated by the government, with only 6 percent actively believing it should not. This contrasts with trends seen in other countries, where there is typically a positive correlation between optimism about AI and calls for minimizing regulation. The strong support for regulation in the PRC, even as optimism about AI remains high, suggests a distinct perspective on the role of government oversight in the PRC context. Students ranked AI the lowest among all possible existential threats to humanity. When asked about the most likely causes of human extinction, misaligned artificial intelligence received the lowest score. Nuclear war, natural disaster, climate change, and pandemics all proved more concerning for students. Students lean towards cooperation between the United States and the PRC as necessary for the safe and responsible development of AI. 60.7 percent of respondents believe AI will not be developed safely without cooperation between China and the U.S., with 25.68 percent believing it will develop safely no matter the level of cooperation. Students are most concerned about the use of AI for surveillance. This was followed by misinformation, existential risk, wealth inequality, increased political tension, various issues related to bias, with the suffering of artificial entities receiving the lowest score. Background As the recent decision (决定) document from the Third Plenum meetings in July made clear, AI is one of eight technologies that the Chinese Communist Party (CCP) leadership sees as critical for achieving "Chinese-style modernization (中国式现代化)," and is central to the strategy of centering the country's economic future around breakthroughs in frontier science ( People's Daily, July 22). The PRC also seeks to shape international norms on AI, including on AI risks. In October 2023, Xi Jinping announced a "Global AI Governance Initiative (全球人工智能治理倡议)" ( CAC, October 18, 2023). Tsinghua and Peking Universty are the two most prestigious universities in the PRC (by far), many of whose graduates will be very influential in shaping the cou...
Samuel Kwok, Head of Fitch's APAC International Public Finance shares his views on China's local government and LGFV debt problem.(01:21) - 1H24 local governments' fiscal trends (04:02) - Expect marginal improvement in 2H24 (05:30) - Effect of measures to de-risk twelve “high-risk” provinces (08:22) - LGFVs' onshore bond yields at record low (11:28) - Introduction of top three credit themes (12:25) - Potential impact of reform measures pledged by Third Plenum (14:21) - The second credit theme on social housing investment (15:17) - The third credit theme on LGFV debt restrictions (16:32) - Maintain a neutral credit outlook
In this jam-packed episode, we discuss Canada's decision to impose 100% tariffs on Chinese-made electric vehicles (EVs), a move that could double the price of imported vehicles and potentially hinder climate action. Meanwhile, Germany is accelerating its deployment of renewable energy by reducing bureaucratic red tape. We also delve into China's Third Plenum, which emphasizes the need to reduce carbon emissions, and how Norway's EV transition is impacting gas stations. Plus, we share some fascinating listener feedback and dive into a range of other clean energy topics in our Lightning Round. Key Topics Discussed: Canada's 100% Tariffs on Chinese EVs: James explains why this policy could be detrimental, and we explore the broader implications for the EV market. Germany's Renewable Energy Push: Learn how Germany is speeding up its renewable energy deployment by streamlining regulations. China's Third Plenum: This significant meeting highlights the country's commitment to reducing carbon emissions, signaling a potential shift in global energy dynamics. Listener Mail: A listener shares insights on their solar installation with a “Wiser Meter” and the benefits of monitoring real-time power usage. Lightning Round: Quick updates on Tesla's declining favorability, record solar generation in Germany, walkable solar panels from Turkey, and much more. Additional Resources: Germany Speeds Up Renewable Energy Deployment Brian's Columbus, Indiana Video Song/Band featured: Last Birds with Sounds Like Heaven Hydrogen-Producing Ships The Clean Energy Show is released every week, so be sure to subscribe on your favorite podcast app to get new episodes delivered to you free! SUPPORT THE SHOW Make a small donation to our podcast today via our PayPal Donate page. E-transfer: cleanenergyshow@gmail.com James Whittingham's comedy podcast Sneeze! with James Whittingham RATE AND REVIEW US See The Clean Energy Show on iTunes, Spotify, or wherever you listen to our show. OUR STORE Visit our Merchandise store for T-shirts, hats, and more! CONTACT US Email: cleanenergyshow@gmail.com TikTok Channel: Clean Energy Pod YouTube Channel: The Clean Energy Show X (Twitter): Clean Energy Pod Threads: @cleanenergypod Bluesky: Clean Energy Pod James Whittingham: Twitter Brian Stockton: Twitter Leave us an online voicemail at SpeakPipe Copyright 2024.
Between 15 and 18 July, 2024, the 20th Central Committee of the Communist Party of China conducted its much-anticipated Third Plenum meeting, and produced the 'Decisions' document for the meeting on July 21. The document has addressed few questions pertaining to comprehensive deepening of reforms in the Chinese society, economy, and military, leaving many unanswered. In this episode of 'All Things Policy', Anushka Saxena quizzes Manoj Kewalramani on the learnings from the Third Plenum Decisions, and what's in store for Chinese-style modernisation moving forward. All Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru. Find out more on our research and other work here: https://takshashila.org.in/ Take our 'China Challenge' survey here: https://shorturl.at/XMUW7 Check out our public policy courses here: https://school.takshashila.org.in
This week on Sinica, Paul Triolo rejoins the show for a deep, deep dive into China's response to American export controls on advanced semiconductors and related technologies. How much hurt has the policy put on Chinese firms — and how far along is China in finding its way toward technological autonomy? Kevin Xu, author of the fantastic "Interconnected" newsletter, joins to talk about some of the big ideas he's written about in recent months and to play co-host as we grill Paul on China's efforts to get out from under American controls.9:10 – The downplaying of generative AI in the Third Plenum's decision document 18:25 – Why the Middle East is an appealing and important region for major AI players 26:20 – Why chip wars have evolved into to cloud wars 29:36 – How China has fared in trying to achieve its goal of indigenous advanced semiconductor manufacture31:50 – Semiconductors: What lies within the “small yard” versus what products are unaffected under U.S. export controls35:42 – The quality and reliability caveat to China's goal of self-sufficiency in semiconductor manufacture 38:35 – The success of the Biden administration's export controls and whether the controls have really put the hurt on anyone 46:00 – The Harmony operating system 47:47 – The importance of packaging 50:45 – Paul explains what he calls “China Semiconductor Industry Policy 3.0” and its predecessors57:03 – China's EUV lithography challenge1:03:14 – DUV lithography and multi-patterning, and the importance of collaboration across the ecosystemin the process of making semiconductors at scale 1:11:50 – Huawei's progress so far and remaining major hurdles and bottlenecks 1:18:42 – Paul and Kevin's thoughts on whether the American strategic class will regret its approach to export controls and whether there is an off-ramp Recommendations:Paul: Ed Conway's Material World: The Six Raw Materials That Shape Modern Civilization Kevin: Thurston Clarke's The Last Campaign: Robert F. Kennedy and 82 Days That Inspired America Kaiser: The House of the Dragon (2022- ) TV series See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this bonus episode, we're hearing about three investment ideas that are exciting Fidelity's Asia portfolio managers and how they play into the megatrends of artificial intelligence, the energy transition, and shifting supply chains. Marty Dropkin, Head of Equities, Asia Pacific, is joined by Monica Li, Fidelity International's Director of Research for China. With additional contributions from three of the company's portfolio managers who have recently returned from a research trip in China: Dale Nicholls, Taosha Wang, and Madeleine Kuang. READ To read more on the three megatrends discussed in this podcast, please visit fidelityinternational.com Marty and Monica also discussed the Third Plenum - an important economic policy meeting that took place recently. For our analysis on that, read this article here. For a more in-depth take on China's currency and interest rates, listen to the previous podcast episode on the renminbi here.See omnystudio.com/listener for privacy information.
In this bonus episode, we're hearing about three investment ideas that are exciting Fidelity's Asia portfolio managers and how they play into the megatrends of artificial intelligence, the energy transition, and shifting supply chains. Marty Dropkin, Head of Equities, Asia Pacific, is joined by Monica Li, Fidelity International's Director of Research for China. With additional contributions from three of the company's portfolio managers who have recently returned from a research trip in China: Dale Nicholls, Taosha Wang, and Madeleine Kuang. READ To read more on the three megatrends discussed in this podcast, please visit fidelityinternational.com Marty and Monica also discussed the Third Plenum - an important economic policy meeting that took place recently. For our analysis on that, read this article here. For a more in-depth take on China's currency and interest rates, listen to the previous podcast episode on the renminbi here.See omnystudio.com/listener for privacy information.
In this monthly China update, our experts discuss their key takeaways from China's Third Plenum and Politburo meeting. They also analyse the effect of recent surprise rate cuts, and the so-called “cash for clunkers” program in boosting consumption. They also discuss the Chinese equity market in the context of an ongoing sector rotation in US tech stocks, strengthening of the Japanese Yen, as well as latest developments in the US-China chip war.This episode is presented by Richard Tang, China Strategist and Head of Research Hong Kong at Julius Baer, with Hong Hao, Partner and Chief Economist at GROW Investment Group.
What will China's economic policy look like over the next five years? Since the launch of Deng Xiaoping's economic reforms in 1978, the Third Plenum (held every five years) has served as a platform for China's leadership to convey its vision for the country's economic future. Originally expected to convene in fall 2023, this Third Plenum was postponed until mid-July 2024. Although there was no public explanation for the delay, it is clear that China's economy is at a crossroads. Since the last Third Plenum in 2018, the world has been through a pandemic; competitive tension with the U.S. has been on the rise; and China faces challenges that include an aging population, youth unemployment, and a troubled property sector. Foreign tariffs on Chinese goods have also increased, just as the CCP leadership navigates its role as a burgeoning global power in a time of international conflict and polarization. Scott Kennedy, in conversation with Lizzi Lee, explores the implications of this Third Plenum for the future of China's economy, economic policy, and international trade.
PRC: No way out from the decline. Anne Stevenson-Yang, author of Wild Ride: China's Short-Lived Experiment in Capitalism, on the Third Plenum@GORDONGCHANG, GATESTONE, NEWSWEEK, THE HILL https://www.scmp.com/economy/global-economy/article/3272435/chinas-politburo-pledges-support-sending-stronger-expected-signal-boost-economy 1940 Wuhan University
In this episode of the ChinaPower Podcast, Dr. Scott Kennedy joins us to discuss the major themes from China's long-anticipated Third Plenum and what it signaled for China's economic trajectory in the coming decade. Dr. Kennedy highlights the continuity that the Third Plenum presented, with no drastic economic measures introduced. However, he underscores the idea that Chinese leadership's statist approach may pose additional challenges in addressing domestic issues. Dr. Kennedy also discusses China's linkage between national security and economic progress and its shift toward high-tech development to build resilience and decrease foreign reliance. Finally, Dr. Kennedy provides predictions on where China's economic growth will be in the next two years. Dr. Scott Kennedy is senior adviser and Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies (CSIS). A leading authority on Chinese economic policy and U.S.-China commercial relations, Dr. Kennedy has traveled to China for 36 years. Ongoing focuses include China's innovation drive, Chinese industrial policy, U.S.-China relations, and global economic governance. His articles have appeared in a wide array of publications, including the New York Times, Wall Street Journal, Foreign Affairs, Foreign Policy, and China Quarterly. Kennedy hosts the China Field Notes podcast, featuring on-the-ground voices from China, and the Trustee Chair co-runs the Big Data China initiative, which introduces pathbreaking scholarly research to the policy community.
Noted economist Warwick Powell joins the show. We discuss travel, trade, China's Third Plenum, and plans for the future. We also discuss the dollar and NATO's overreach in Asia. Hosted on Acast. See acast.com/privacy for more information.
The Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC) wrapped up on 18 July in Beijing. It comes at a critical juncture for an economy beset by profound challenges. Angela Mancini, Partner, has a discussion with Andrew Gilholm, our Principal and Director of analysis for Greater China and North Asia, on the key takeaways from the Third Plenum, the future direction of China's economy, and the country's reactions to the recent geopolitical developments globally. If you are looking for more analysis across the Asia-Pacific region, please subscribe to our Asia In Focus podcast.
China's government has set out over 300 reform measures during its Third Plenum this week. The meeting – which takes place every five years – covered two major issues of national security and China's economic recovery. Asia business correspondent Peter Lewis says China wants to be global players in technology to avoid reliance on the West, but he isn't convinced that will be enough to solve economic woes. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The five-yearly Communist Party meeting known as the Third Plenum is historically tied with economic policy shifts. Slowing growth and rising trade tensions make the timing apt. In this Viewsroom podcast, Breakingviews columnists discuss what the event means for China's future. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.
Fred Neumann is joined by Chief China Economist Jing Liu to cut to the heart of China's official message following a major economic policy summit in Beijing. Disclaimer: https://www.research.hsbc.com/R/101/2HrbBwr . Stay connected and access free to view reports and videos from HSBC Global Research follow us on LinkedIn https://www.linkedin.com/feed/hashtag/hsbcresearch/ or click here: https://www.gbm.hsbc.com/insights/global-research. Hosted on Acast. See acast.com/privacy for more information.
Lin Li, Head of Global Markets Research Asia, discussed the main takeaways from the Third Plenum of the 20th Central Committee of the Communist Party of China, the direction of property sector reform and the PBoC's surprise policy rates cut on 22 July.
On today's show Andrew and Bill begin with the Third Plenum resolution, Xi's explainer, and its reception among the investment community and China observers. Topics include: Why Xi staying the course should surprise no one, the significance of the five-year timeline set forth for reforms, specific domestic problems alongside broad rhetoric about goals and productive forces, and the external environment that serves as context for the party's priorities. From there: The party's timeline for planning the plenum highlights the lack of leaks in the Xi era, and a reminder that trade tensions are unlikely to abate anytime soon. At the end: A variety of thoughts on news organizations and journalists navigating the environment in China and Hong Kong, and a few memories of the 2008 Olympics in Beijing before the Opening Ceremony in Paris this weekend.
GOOD EVENING: The show begins in Afghanistan... 1867 Khyber Pass CBS EYE ON THE WORLD WITH JOHN BATCHELOR FIRST HOUR 9-915 #Afghanistan: The Taliban are spending on weapons. & What is to be done? Bill Roggio, FDD https://www.longwarjournal.org/archives/2024/07/generation-jihad-ep-190-partnering-with-terrorists-to-fight-terrorists.php 915-930 #PAKISTAN: Taliban Cutouts and Islamabad. Bill Roggio, FDD https://www.longwarjournal.org/archives/2024/07/generation-jihad-ep-190-partnering-with-terrorists-to-fight-terrorists.php 930-945 #PRC: Is the Factory floor in China coming home to Detroit? Charles Ortel of the On the Money with Charles Ortel podcast @GordonGChang, Gatestone, Newsweek, The Hill https://timesofindia.indiatimes.com/business/international-business/how-trumps-return-may-impact-indian-chinese-stock-markets/articleshow/111831020.cms this is correct bfa 945-1000 #POTUS: Trump trade in Asia: Alan Tonelson, independent economic policy analyst who blogs at RealityChek and tweets at @AlanTonelson, @GordonGChang, Gatestone, Newsweek, The Hill https://finance.yahoo.com/video/europe-could-suffer-most-us-164329843.html https://fortune.com/2024/07/20/trump-tariffs-60-percent-china-trade-war-economic-growth-impact-deflation/ SECOND HOUR 10-1015 #ISRAEL: Netanyahu to Washington & Wht is to be done. Malcolm Hoenlein @Conf_of_pres @mhoenlein1@ThadMcCotter @theamgreatness 1015-1030 #GAZA: Deif is dead. Malcolm Hoenlein @Conf_of_pres @mhoenlein1 @ThadMcCotter @theamgreatness 1030-1045 1/2: #CAMPUS: Princeton group think & What is to be done? Peter Berkowitz, Hoover Institution ."Campus Indoctrination's Costs Outweigh Unintended Benefits," RealClearPolitics, July 21, 2024https://www.realclearpolitics.com/articles/2024/07/21/campus_indoctrinations_costs_outweigh_unintended_benefits__151304.html 1045-1100 2/2: #CAMPUS: Princeton group think & What is to be done? Peter Berkowitz, Hoover Institution ."Campus Indoctrination's Costs Outweigh Unintended Benefits," RealClearPolitics, July 21, 2024https://www.realclearpolitics.com/articles/2024/07/21/campus_indoctrinations_costs_outweigh_unintended_benefits__151304.html THIRD HOUR 1100-1115 #POTUS: Perils of the lame-duck president. John Bolton, WSJ https://www.wsj.com/articles/the-dangers-of-a-lame-duck-biden-withdraw-race-2024-election-foreign-policy-national-security-d8101017?page=1 1115-1130 #PRC: Third Plenum sames as the old Third Plenum: no way out. @GordonGChang, Gatestone, Newsweek, The Hill https://www.csis.org/blogs/third-plenum-hot-takes-skepticism-and-concern 1130-1145 #TAIWAN: Prepping for a possible Trump Second Term. Cleo Paskal,FDD https://sundayguardianlive.com/investigation/what-could-a-trump-vance-china-policy-look-like#google_vignette1145-1200 #OCEANIÅ: PRC cash and corruption assault on the Northern Marianas as Tinian celebrates 80 years since the Battle of Tinian. Cleo Paskal,FDD FOURTH HOUR 12-1215 #NewWorldReport: Milei promises justice for AMIA and Nisman. Joseph Humire @JMHumire @SecureFreeSoc. Ernesto Araujo, Former Foreign Minister Republic of Brazil. #NewWorldReportHumire https://www.reuters.com/world/americas/argentinas-milei-promises-justice-1994-bombing-jewish-community-2024-07-18/ 1215-1230 #NewWorldReport: How will Maduro handle the election? Joseph Humire @JMHumire @SecureFreeSoc. Ernesto Araujo, Former Foreign Minister Republic of Brazil. #NewWorldReportHumire https://www.reuters.com/world/americas/venezuela-election-organization-is-designed-confuse-voters-opposition-says-2024-07-19/ 1230-1245 #HOUTHIS: The IAF finally responds after nearly 10 months of attacks. Joe Truzman, Bill Roggio, FDD https://www.msn.com/en-us/news/world/watch-idf-releases-footage-of-strike-on-houthi-controlled-hodeida-port-in-yemen/ar-BB1qmDTT 1245-100 am #RUSSIA: The Kremlin threatens to send anti-ship missiles to the Houthis & What is to be done? https://www.msn.com/en-us/news/world/us-launches-effort-to-stop-russia-from-arming-houthis-with-antiship-missiles/ar-BB1qgthk G: The show begins in Afghanistan where the Taliban is buying weaponry...
#PRC: Third Plenum same as the old Third Plenum: no way out. @GordonGChang, Gatestone, Newsweek, The Hill https://www.csis.org/blogs/third-plenum-hot-takes-skepticism-and-concern 1957 Zhou
Representatives from various Palestinian factions have met in Beijing to discuss reconciliation and strengthen unity (15:19). U.S. business leaders in China are sharing their thoughts on Beijing's reform plans following the conclusion of the 20th CPC Central Committee's Third Plenum meetings (01:08). And Paris is aiming to host the greenest Olympic Games ever when the events kick off later this week (22:36).
PREVIEW: PRC: #THIRD PLENUM: Conversation with colleague Gordon Chang re the meaning of the statement by offucials that the Chins economy is' Not strong enough?" More later. 1940 Wuhan University
The Chinese leadership has met in Beijing for the long awaited Third Plenum - a key meeting happening once in five years of the formally highest authority of the Chines Communist Party, the Central Committee. It was a chance to lay out policy decisions to address the many issues the country is facing, including sluggish growth, rising government debt and unemployment. To get a first reaction to what came out from the third plenum, Johannes Heller-John talks to Alexander Davey, Analyst at MERICS. In his view, looking at the issues China is facing “there isn't any new idea or any new way of dealing with this” that came out of the Third Plenum.The Big Data China survey results can be found here.
Daniel talks about the initial thoughts of its outcome and the investment implications for investors.Speaker: - Daniel Lam, Head of Equity Strategy, Standard Chartered BankFor more of our latest market insights, visit Market views on-the-go or subscribe to Standard Chartered Wealth Insights on YouTube.
On today's show Andrew and Bill begin with an overview of the third plenum and its significance before turning to Thursday's communique in the wake of the plenum. Topics include: Official news on Qin Gang and Li Shangfu twelve months after they each disappeared, the wide-range of goals throughout the communique, questions as we wait for implementation, and the party's stated goal of completing its reform tasks by 2029. From there: The rumors swirling around Xi Jinping and his health this week, and follow-up to the controversy surrounding edible oils. At the end: Reactions to President Trump's comments on Taiwan and America as an insurance company, and two stories on the state of the Biden chip policy.
Chinese leaders have passed a resolution to further deepen reform comprehensively to advance Chinese modernization in a high-level meeting of the Communist Party of China. The third plenary session of the party's 20th Central Committee has called for reforms of the fiscal, taxation and financial systems, vowing to better leverage the market to foster a more dynamic market environment. The meeting has also endorsed calls for high-quality development and creating new growth drivers. The Third Plenum is held roughly twice a decade devoted to China's long-term reform.What does the meeting this time tell us about China's vision for its economy and reform? Host Ding Heng is joined by Einar Tangen, Senior Fellow with Taihe Institute; Zhou Mi, Senior Research Fellow with Chinese Academy of International Trade and Economic Cooperation; Professor Wang Zhengxu from the School of Public Administration, Zhejiang University.
PRC: Despair: Anne Stevenson-Yang, author of Wild Ride: China's Short-Lived Experiment in Capitalism, on the Third Plenum, @GordonGChang, Gatestone, Newsweek, The Hill https://www.washingtonpost.com/opinions/2024/07/15/china-off-limits-business-debt/ 1877 HONG KONG
GOOD EVENING; The show begins tonight in Gaza waiting for confirmation that M. Deif of Hamas is or is not KIA? 1940 Shanghai CBS EYE ON THE WORLD WITH JOHN BATCHELOR FIRST HOUR 9:00-9:15 #GAZA: Is Deif KIA? Jonathan Schanzer, FDD https://jewishinsider.com/2024/07/mohammed-deif-hamas-leader-terrorist-israel-gaza-assassination/ 9:15-9:30 #LEBANON: Nasrallah threatens & What is to be done? Jonathan Schanzer, FDDhttps://www.timesofisrael.com/nasrallah-threatens-to-fire-rockets-at-israeli-areas-not-yet-targeted-by-hezbollah/ 9:30-9:45 1/2: POTUS: Judge Cannon posts 93 pages dismissing Jack Smith. @AndrewCMcCarthy @NRO @ThadMcCotter @theamgreatness https://www.nationalreview.com/corner/garland-and-smith-have-themselves-to-blame-for-outright-dismissal-of-the-florida-case-against-trump/ 9:45-10:00 2/2: POTUS: Judge Cannon posts 93 pages dismissing Jack Smith. @AndrewCMcCarthy @NRO @ThadMcCotter @theamgreatness https://www.nationalreview.com/corner/garland-and-smith-have-themselves-to-blame-for-outright-dismissal-of-the-florida-case-against-trump/ SECOND HOUR 10:00-10:15 PRC: Despair: Anne Stevenson-Yang, author of Wild Ride: China's Short-Lived Experiment in Capitalism, on the Third Plenum, @GordonGChang, Gatestone, Newsweek, The Hillhttps://www.washingtonpost.com/opinions/2024/07/15/china-off-limits-business-debt/ 10:15-10:30 DPRK: Famine. Greg Scarlatoiu, director of The Committee for Human Rights in North Korea, @GordonGChang, Gatestone, Newsweek, The Hill https://www.nbcnews.com/news/world/north-korean-diplomat-cuba-defected-south-korea-rcna162039 https://www.nknews.org/2024/07/kim-jong-un-reasserts-personal-oversight-of-rural-economy-at-new-fishery-project/ 10:30-10:45 TAIWAN: Trump caveat. Stephen Yates, chair of the America First Policy Institute's China Policy Initiative, on this: https://www.scmp.com/news/china/diplomacy/article/3270691/where-would-trumps-running-mate-jd-vance-stand-big-china-issues 10:45-11:00 PRC: Imitation Cluster: Brandon Weichert, author of Winning Space: How America Remains a Superpower, @GordonGChang, Gatestone, Newsweek, The Hill https://news.cgtn.com/news/2024-07-14/China-opens-Beijing-Rocket-Street-to-boost-commercial-space-industry-1vdMxjh5PXy/p.html THIRD HOUR 11:00-11:15 #NewWorldReport: Political violence in the Americas. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllishttps://www.reuters.com/world/americas/ecuador-court-sentences-five-people-up-34-years-candidate-murder-2024-07-12/ 11:15-11:30 #NewWorldReport: AMIA and Nisman. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis https://www.batimes.com.ar/news/argentina/30-years-after-amia-terrorist-attack-declassified-reports-new-leads-and-controversies.phtml 11:30-11:45 #NewWorldReport: Argentina prospers freshly. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllishttps://www.reuters.com/world/americas/argentina-posts-six-months-fiscal-financial-surpluses-2024-07-16/ 11:45-12:00 #NewWorldReport: Climate change in the Caribbean. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis FOURTH HOUR 12:00-12:15 #SCOTLAND: Net Zero means empty village shops. Simon Constable, Dumfries, Scotland 12:15-12:30 #BRETTON WOODS, NH: Celebrating 80 years of dollar supremacy. Simon Constable, Occitanie 12:30-12:45 #IRAN: Threatening former President Trump. https://www.wsj.com/articles/joe-bidens-commanding-bow-to-iran-israel-foreign-policy-b3360d45?st=u6lp9ub6cjnh1hz&reflink=article_copyURL_share 12:45-1:00 AM #IRAN: What is the Biden Administration's hesitation on the ayatollah and his IRGC? Behnam Ben Taleblu, FDD https://www.wsj.com/articles/joe-bidens-commanding-bow-to-iran-israel-foreign-policy-b3360d45?st=u6lp9ub6cjnh1hz&reflink=article_copyURL_share
PREVIEW: PRC: Conversation with colleague Anne Stevenson-Yang, author WILDRIDE, rethe Third Plenum meeting in Beijing and its focus on domestic affairs, not tariffs and embargo. More tonight 1949 Moscow
After yet another stabbing attack hit headlines, which saw a Chinese man attack a Japanese woman and her son, Miles Yu explains why the Chinese Communist Party and its state-fueled propaganda machine are at fault for rising xenophobia in China. The episode goes on to explain what to expect from the CCP's Third Plenum, and finishes covering an investigative story that exposed wide spread toxic contamination of cooking oils in China.
Presenter Rahul Tandon discusses the announcement of Iowa Senator JD Vance as Donald Trump's pick to be his running mate in November's Presidential election.Rahul speaks to the Democratic Mayor of Milwaukee, the city that is hosting the Republican Party's National Convention.And the long delayed Third Plenum of the Chinese Communist Party is taking place in Beijing.
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of U.S Retail sales and Netflix earnings. In the UK – a look ahead to a meeting of the European Political Community. In Asia – a preview of China's Third Plenum meeting. See omnystudio.com/listener for privacy information.
I'm trying something different: totally unscripted and very, very lightly edited recordings grabbed on the go where I happen to be. For the inaugural episode, I've got Wang Zichen, the author of the amazing Pekingnology newsletter on Substack, as well as the man behind the Center for China and Globalization's newsletter "The East is Read." Hear Zichen's origin story, his approach to publishing Pekingnology, the skinny on his new Got China show with Liu Yang and Jiang Jiang, as well as his take on what we can expect from the Third Plenum.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Slowdown in U.S. inflation strengthens case for Fed to lower borrowing costs June inflation report could sway BoC to hold off on second rate cutKey investor watchpoints ahead of China's Third Plenum meeting DisclosuresThese views are subject to change at any time based upon market or other conditions and are current as of the date at the top of the page.Investing involves risk and principal loss is possible.Past performance does not guarantee future performance.Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.This material is not an offer, solicitation or recommendation to purchase any security. Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional. The information, analysis and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual entity.Please remember that all investments carry some level of risk. Although steps can be taken to help reduce risk it cannot be completely removed. They do no not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.Investments that are allocated across multiple types of securities may be exposed to a variety of risks based on the asset classes, investment styles, market sectors, and size of companies preferred by the investment managers. Investors should consider how the combined risks impact their total investment portfolio and understand that different risks can lead to varying financial consequences, including loss of principal. Please see a prospectus for further details.Indexes are unmanaged and cannot be invested in directly.The S&P 500® Index, or the Standard & Poor's 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 Index is a subset of the Russell 3000® Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership.Copyright © Russell Investments Group LLC 2024. All rights reserved.This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.CORP-12531date of first use: Jul 2024
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of U.S Retail sales and Netflix earnings. In the UK – a look ahead to a meeting of the European Political Community. In Asia – a preview of China's Third Plenum meeting. See omnystudio.com/listener for privacy information.
From July 15th to the 18th, the Chinese Communist Party is holding a gathering known as the Third Plenum. This is a highly anticipated political event, as Xi Jinping and party officials are expected to announce key economic reforms intended to spur the Chinese economy. For the past several years, especially since COVID, the Chinese economy has been lagging. According to my guest today, Anja Manuel, executive director of the Aspen Security Group, this is largely because Xi has prioritized regime security over economic growth. We kick off by discussing what the Third Plenum is and have a broad conversation about the economic and political context in which this meeting is occurring. We also discuss the broader geopolitical implications of a slowing Chinese economy and what that means for competition between the US and China. Finally, Anja Manuel previews the Aspen Security Forum, which kicks off on July 16th. This is a significant foreign policy and national security gathering that I've had the pleasure of attending for the past few years. https://www.globaldispatches.org/SaveUs
On today's show Andrew and Bill prepare for next week's Third Plenum by talking through expectations and themes to watch. Topics include: The signals from April's Xinhua readout announcing the plenary session, remembering third plenums of the past, why common prosperity is on the agenda, why this year's plenum may be the clearest articulation of Xi's vision for the Party and the PRC, and examining some of the ongoing domestic issues that the Party may (or may not) try to address with reforms. At the end: A scandal over edible oils, the market for silicone masks, fierce competition in the bubble tea market, and checking in with Zach Edey.
AS THE THIRD PLENUM STRUGGLES: 1/4: Wild Ride: A short history of the opening and closing of the Chinese economy by Anne Stevenson-Yang (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1945 FOURTH ARMY CHINA
AS THE THIRD PLENUM STRUGGLES: 2/4: Wild Ride: A short history of the opening and closing of the Chinese economy by Anne Stevenson-Yang (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1927 WUHAN POSTCARD
AS THE THIRD PLENUM STRUGGLES: 3/4: Wild Ride: A short history of the opening and closing of the Chinese economy by Anne Stevenson-Yang (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. 1927 WUHAN POSTCARD
AS THE THIRD PLENUM STRUGGLES: 4/4: Wild Ride: A short history of the opening and closing of the Chinese economy by Anne Stevenson-Yang (Author) https://www.amazon.com/Wild-Ride-history-opening-closing/dp/173942431X How did China grow from an impoverished country to become the second largest economy in the world in just over four decades? And how did this economic miracle come to an end, as seems the case today? To understand the story of China's rapid rise and equally rapid fall, author Anne Stevenson-Yang takes us back to the beginning, when Deng Xiaoping took over and opened its moribund economy to Western money and know-how. Stevenson-Yang, who lived and worked in China for a quarter of a century, traces each decade of China's tumultuous development, from the roaring 1980s to today's malaise. In her first-hand account, Wild Ride, Stevenson-Yang concludes that China is returning to the poverty and isolation of the Mao era. What happened to the promise of the political change that would come with the opening of the economy? And the institutional reforms of the last four decades? The author says all that change was all an illusion. Communist China, being interested only in survival, played along and the West fell for it. With the rise of Xi Jinping, that capitalist experiment is over. 'It took me years to understand that I was an unwitting player in an elaborate dramatic confection. UNDATED PEKING STATION
The first hour covers the Battle of Gettysburg, with commentary from Colonel Jeff McCausland (retired) on the first day of the battle. It also discusses Russia's cheap fertilizer and its impact on the European bread basket, as well as the political situation in France. The second hour focuses on China, with discussions on Taiwan provocations, China's lack of a "Plan B" for its economic challenges, China's growing influence in Cuba, and the recent Third Plenum meeting of the Chinese Communist Party. The third hour includes a segment on Jubal Early's 1864 invasion of Washington D.C., an analysis of the "Trump Trade" and its impact on the markets, updates on the opening of new spaceports around the world, and the ongoing increase in sunspot activity. The fourth hour covers the political developments in Latin America, including Bolivia's "self-coup," the primary elections in Uruguay, the attempted assassination of Cristina Kirchner in Argentina, and the strengthening of China-Peru relations. 1940 TOKYO IMPERIAL JAPANESE NAVY MINISTRY
#PRC: THIRD PLENUM DISORDER. Charles Burton, senior fellow at Sinopsis, o@GordonGChang, Gatestone, Newsweek, The Hill https://www.firstpost.com/world/china-communist-party-third-plenum-meeting-xi-jinping-13787949.html 1919
PREVIEW: #PRC: #THIRD PLENUM: Conversation with colleague Anne Stevenson-Yang, author WILD RIDE, re if Xi has a plan B for a troubled economy of collapsed housing, tariff-restricted manufacturing and absent consumers? More tonight. 1920 Hong Kong
GOOD EVENING: The show begins in Mexico City at the celebration of thelandslide election of Claudia Sheinbaum. To Caracas, Buenos Aires, to Rio, to the South Atlantic. To Gaza, to Tehran, to Kabul and Islamabad...... To Kyiv,, to Moscow, to DC, to Ottawa. To San Francisco, to PRC, to Bijing and the Third Plenum. 1906 SF