Sharp China: The US-China Deal One Week Later: Why Short-Term Stability Is Likely, Costs and Benefits of Escalation, and More Adventures with Nvidia

This episode of Sharp China is outside the paywall. Show Notes: On today’s show Andrew and Bill break down the latest deal between the US and China, beginning with details from the White House over the weekend, why the PRC is likely happy with a tactical retreat and the new status quo, and why stability is likely at least through April. From there: Why the PRC was motivated to deal despite its goals of eliminating tariffs and export controls, clarity about American pain points, questions about Congress and what comes next, and the costs of China’s strategy for the past month. At the end: Reporting on a doomed push from Nvidia to sell Blackwell chips to China, new subsidies for China’s AI leaders, a potential Nexperia resolution, and questions the forthcoming fentanyl cooperation between the US and China. You can listen to the podcast in the app: Or click here for instructions to add the podcast to your preferred player. To subscribe to Sinocism, click here . To subscribe to Stratechery, click here . And if you enjoy this podcast please share it far and wide: Related Readings: Outcomes of Trump-Xi meeting; No deal yet for Nvidia chips; Gaokao -- Sinocism Xi at APEC; US-China deal; Rare earths; Nvidia thwarted by Trump officials; UK university censors over Xinjiang -- Sinocism Fact Sheet: President Donald J. Trump Strikes Deal on Economic and Trade Relations with China -- The White House Rare-Earth Magnet Startups Seal $1.4 Billion Deal With Trump Administration -- WSJ Bringing Rare Earths Back -- Commonplace Trump Says China Knows ‘Consequences’ of an Attack on Taiwan -- Bloomberg President Donald Trump participates in a bilateral meeting with Chinese President Xi Jinping - Photos - The White House Sinocism Live: Rush Doshi on the Trump-Xi meeting and US-China Relations -- Sinocism Trump Officials Torpedoed Nvidia’s Push to Export AI Chips to China -- WSJ Watch CNBC’s full interview with Treasury Secretary Scott Bessent -- CNBC China offers tech giants cheap power to boost domestic AI chips -- FT Auto giants rally as China says it will consider exemptions for Nexperia chip exports -- CNBC Trump Says Xi Will Help Fight Fentanyl. Will China Follow Through? -- WSJ 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