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Engagement

~ Estimated

Avg Comments

1.0

Avg Likes

25.0

Engagement Rate

<0.01%

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Subscriber Distribution

This newsletter

18K

Bottom 25%MedianTop 25%Top 10%

Bottom 25%: 1KMedian: 2KTop 25%: 5KTop 10%: 18K

426K places you in the top 10% of newsletters in this category.

vs Category Medians

Engagement Rate

0.01%

Above median

median: 0.00%

Posts per Week

4.1

Above median

median: 1.1

Publishing Consistency

75/100

At median

median: 67/100

Subscribers

426K

Above median

median: 2K

Here's what we know about this newsletter's activity:

Publishing Pace

~4x per week

Consistent

Category Rank

#6 of 1132

in Finance

Engagement Trend

Declining

based on recent posts

Publishing

~ Estimated

Publishing Frequency

~4x per week

Last published May 11, 2026

Usually publishes Thu, Wed, Tue

4.1 posts/week avg

Consistency:75Consistent

Finance Pricing

$10/mo median

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Recent Posts

Title	Date	Engagement	Access
Trump China visit; China’s Next Generation Industrial Policy; Standardizing and developing AI agents; No more deflation?; Ding Xuexiang visits HuaweiThe PRC confirmed that President Trump will meet with Xi this week. He will arrive May 13 and depart after lunch Friday. According to the PRC, “Chinese President Xi Jinping and U.S. President Donald Trump will have an in-depth exchange of views on major issues concerning China-U.S. relations and world peace and development.” Vice Premier He Lifeng will lead a delegation to South Korea on May 12-13 to hold economic and trade consultations with Treasury Secretary Bessent. Such a meeting on the eve of the Trump-Xi summit is a sign that they are still working on deliverables for the visit. Expectations should be low for this visit, but you never know what Trump may decide to announce. I am of the view that the “China has the upper hand” takes about the upcoming Trump visit to Beijing are overblown, or at least that it not at all how the US side views the situation, but we shall know soon enough when we learn what significant, credible outcomes there are, if any.May 11, 2026	May 11, 2026	3101312.8k words❤101	Subscriber-only
Suspended death sentences for two former defense ministers; Trump's China trip; Iran war; Beijing Auto Show; Nukes Low expectations but big business entourage for Trump’s China trip - Semafor confirmed the rumors that many CEOs will join Trump on his trip to Beijing next week. A bipartisan group of US Senators had meetings with Li Qiang, Zhao Leji and Wang Yi this week, as the Chinese side is working hard for a positive meeting. The most contentious area will be Taiwan, and likely US arms sales, especially when they come in large packages instead of piecemeal.May 7, 2026	May 7, 2026	2164
Iran FM in China; Trump China visit next week; EU losing patience?; DeepSeek; Xi on basic research; MU5735 crash investigation All signs point to Trump traveling Beijing next week to meet Xi. Late last week Wang Yi and Marco Rubio had a call, as did He Lifeng and Scott Bessent and Jamieson Greer. The PRC readout of the Wang-Rubio call had this interesting language about Taiwan: Wang Yi underscored that the Taiwan question bears on China’s core interests and is the biggest risk in China-U.S. relations. The U.S. side should honor its commitments and make the right choice, to open up new space for China-U.S. cooperation and make due efforts for world peace. 王毅强调，台湾问题事关中国的核心利益，是中美关系的最大风险点。美方应信守承诺，作出正确抉择，为中美合作打开新的空间，为世界和平作出应尽努力。 Does “to open up new space 打开新的空间” suggest some sort of a hoped for quid pro quo? Iran will be on the agenda, especially as the MOFCOM Issued a Blocking Order Against U.S. Iran-Related Oil Sanctions Imposed on Five Chinese Enterprises, and Rubio threatened secondary sanctions for non-compliance.May 6, 2026	May 6, 2026	010
Triangles and Chokepoints \| Sinification: April 2026Global Order \| US-China \| Europe \| Russia \| East Asia \| Trade and Resource Security \| Economics \| Artificial IntelligenceMay 4, 2026	May 4, 2026	02827.0k words
Sharp China: Beijing Kills Meta’s Manus Deal; April Politburo Takeaways; Foreign Forces Afflicting the Youth; US Countermeasures MountingListen now \| Show Notes: On today’s show Andrew and Bill begin with the news that the Meta-Manus deal will likely be unwound in its entirety in the wake of a ruling from the NDRC on Monday. Topics include: The legal grounding cited by Beijing, reports that Manus failed to seek regulatory approval prior to its relocation and acquisition, Mark Zuckerberg as the photo negative of Tim Cook, Beijing’s signal to the AI ecosystem, and why fears of chilled innovation may be slightly overstated. Then: Takeaways from April’s Politburo assessing the economy after Q1, including a nod to the Iran war, no signs of stimulus, and why cracking down on involution is easier said than done. At the end: The MSS argues that foreign forces are driving the “lying flat” campaign, while the U.S. quietly applies pressure on a variety of fronts in advance of May’s meeting between President Trump and Xi Jinping.Apr 30, 2026	Apr 30, 2026	036
Politburo study session; Australian FM in Beijing; More on the Manus mess and AI; Chongqing corruptionCaixin has a long story titled “Prominent Female Lawyer Goes Missing: The Intersection Point of Chongqing’s Anti-Corruption Storm”. It is only available in the original Chinese - 知名女律师失联重庆反腐风暴的交织点. Caixin reports that Peng Jing 彭静, the 58-year-old founding partner and director of Chongqing Jingsheng Law Firm, was taken away by the Central Commission for Discipline Inspection on April 19, 2026. Her detention has sent shockwaves through Chongqing’s political, business, and legal circles, where she was widely regarded as the city’s “most politically prominent” lawyer—a non-party member who served three consecutive terms on the National Committee of the Chinese People’s Political Consultative Conference.Apr 29, 2026	Apr 29, 2026	01011.5k words
April Politburo meeting; Manus mess; Hostile foreign forces encouraging "lying flat"; New US semiconductor restrictions? The Wall Street Journal reports that Meta is planning to comply with the order to undo the Manus acquisition. Maybe they are happy to get a mulligan for hasty, overpriced acquisition of a company with little proprietary technology, or maybe they realize there is no point in fighting the order, as they would if the US government made it, given the lack of recourse available and the leverage the PRC government has over Meta. Reuters reports that: Meta conducted only a few weeks of due diligence to complete the acquisition in December, while neither Meta nor Manus sought Chinese regulatory approval for the deal or its relocation to Singapore, said five sources with knowledge of the matter. That is remarkable, and makes the PRC move more justifiable, and, if the government wants to make an example of the case, perhaps the pretext to go after not only Manus and its executives but also the VCs, lawyers and accountants involved in the deal, all of whom should have known the rules around regulatory approval. Meta clearly overpaid, so maybe this will turn out to be a positive for the company, even as it sends a chilling message to PRC entrepreneurs and investors.Apr 28, 2026	Apr 28, 2026	197
Managing new employment groups; NDRC wants Manus deal unwound; US-China AI discussion; Alleged MSS hacker extradited to USMeta generates well over $10B USD a year in revenue selling ads to PRC firms for marketing globally ex-China, and while those firms buy those ads because they work and drive sales, and the PRC government wants to help its exporters, any material reduction in that revenue would be noticed by Meta management and its investors. Meta is also heavily reliant on PRC suppliers for its smart glasses, and could easily have production cut off, though not without cost to some PRC firms. Manus executives likely have family in the PRC who can be pressured, and at least two are reportedly exit-banned. PRC investors in the fund could easily be “encouraged” by the state to disgorge their gains. So it could get messy, especially if this unnamed source speaking to the Financial Times is correct: A person familiar with the matter said Beijing had told the two companies that the deal must be unwound completely, including returning funds, re-registering the company’s ownership and halting Meta’s use of the Manus algorithm. The person said that if the parties failed to fully undo the acquisition, Beijing could impose penalties on Meta, limit its China-related business and possibly pursue criminal charges for individuals involved.Apr 27, 2026	Apr 27, 2026	0
Evaluation and Assessment Measures for Carbon Peaking and Carbon Neutrality; Crackdown on Cambodian scam centers?; AI distillation; US as a "predatory hegemon"; PLA Navy turns 77On Thursday the government publicly released the “Comprehensive Evaluation and Assessment Measures for Carbon Peaking and Carbon Neutrality 碳达峰碳中和综合评价考核办法”, approved by the Politburo Standing Committee on February 26, 2026 and issued by the General Offices of the CCP Central Committee and the State Council on April 12. The Measures institutionalize an annual cadre-evaluation regime that grades every provincial Party committee and government on their climate performance, beginning with the 2026 reporting year. I have posted a full translation here. The Measures instruct the NDRC to draft the 15th Five-Year Plan Carbon Peaking Action Plan to meet 2030 targets: cutting emissions intensity by more than 65% from 2005, raising non-fossil energy to 25% of consumption, peaking both coal and oil use, and progressively covering new electricity demand with clean generation. Provinces must draft matching provincial action plans, and from the 16th Five-Year Plan onward equivalent plans will govern the transition toward carbon neutrality. This document is important as it provides political incentives, accountability and enforcement powers for the pledges of peaking emissions before 2030 and reaching carbon neutrality before 2060.Apr 23, 2026	Apr 23, 2026	0
Xi Wants the Strait of Hormuz Reopened; Cakes and An E-Commerce Crackdown; The Next Stage of Decoupling; The MATCH Act in CongressListen now \| Show Notes: On today's show Andrew and Bill return to discuss the PRC's posture amidst the ongoing war in Iran. Topics include: Xi's call to re-open the Strait of Hormuz, an interdicted Iranian ship that may have been carrying missile precursors from China, Trump's posture toward China three weeks before his summit in Beijing, March export numbers, and deals between the US and Indonesia and the US and the Philippines. Then: The SAMR fines several e-commerce giants over food safety concerns in the "ghost delivery" sector, plus thoughts on the ongoing struggle to combat involution. From there: New regulations in Beijing to crack down on foreign companies attempting to diversify supply chains, the USTR's Jamieson Greer comments on US partners and a new rare earth strategy, and notes on tensions between the PRC and Japan. At the end: The MATCH Act in Congress and the continued scrutiny over semiconductor manufacturing equipment, an updated timeline for DeepSeek's new model, and a Mandelson mess continues to unspool in the U.K.Apr 23, 2026	Apr 23, 2026	033

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