This episode of Sharp China is outside the paywall. Show Notes: On today's show Andrew and Bill begin with Trump raising tariffs on the PRC by 10%, the PRC's response, and the phone call Xi-Trump phone call that was rumored a month ago but still hasn't happened. Then: What to watch for during Two Sessions week, Xi has always supported private enterprises, a response from the Ministry of Foreign Affairs on fentanyl, and why the U.S. focusing on domestic enforcement only goes far. From there: A roundup of news on chips, including an investigation in Singapore, TSMC's investment in the United States, a Wall Street Journal report on Nvidia, and questions facing the Trump team as new policy takes shape. At the end: The New York Times reports on "plea leniency," FIFA won't play ball with the PRC, and a variety of Moutai thoughts as Kweichow Moutai struggles to find demand. You can listen to the podcast in the Substack app: Or click here for instructions to add the podcast to your preferred player. Subscribe to Sinocism here . Subscribe to Stratechery here . Related Readings: US Tariffs; Two Sessions; Xi has always supported private enterprises; Peaceful China Initiative; Chips -- Sinocism Response to US tariffs; Two Sessions begin; DeepSeek -- Sinocism FURTHER AMENDMENT TO DUTIES ADDRESSING THE SYNTHETIC OPIOID SUPPLY CHAIN IN THE PEOPLE’S REPUBLIC OF CHINA -- The White House Xi Leaves Door Open for Talks With Measured Response to Trump -- Bloomberg Statement from the Ministry of Foreign Affairs -- MoFA on Twitter BlackRock to buy Panama Canal ports after pressure from Donald Trump -- FT Canadian Police Say They Dismantled Country’s Largest Drug Lab -- NYT (Nov. 2024) How Dirty Money From Fentanyl Sales Is Flowing Through China -- WSJ Chinese Buyers Are Ordering Nvidia’s Newest AI Chips, Defying U.S. Curbs -- WSJ Singapore Probes Potential Fraud in Nvidia AI Chip Shipments -- Bloomberg Cover Story: DeepSeek Sets Up Race for Chinese Dominance in AI -- Caixin Trump, Chip Maker TSMC Announce $100 Billion Investment in U.S. -- WSJ The ‘Leniency’ Trap: How China’s Plea System Gives Prosecutors More Power -- N.Y.T. China’s tech minister removed from office -- FT Ebbing demand for China's favourite firewater adds to debt concerns -- Reuters The Patrón of Xinghuacun - a modest proposal for Fenjiu -- by Moatless Musings Xi Jiu, A Baijiu Bet on Xi Jinping -- Sinocism Saving these for a celebration: To add the Sharp China feed to your preferred podcast player: 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. If you use the Substack app it has a built- in podcast player. Thanks for listening. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit sinocism.com/subscribe
