Sharp China with Bill Bishop

Get all episodes of Sharp China, Sharp Tech, Stratechery Updates and Interviews, Greatest of All Talk, Asianometry and the Dithering Podcast as part of Stratechery Plus [https://stratechery.passport.online/member/plan/4ycW4SE71Cy6ryrijywbTG] for $15/month or $150/year. ---------------------------------------- Bill Bishop is the author of Sinocism [https://sinocism.com/] ---------------------------------------- On today’s show Andrew and Bill begin with Tuesday’s signals that the Trump administration may seek to deescalate its trade war, why Beijing may see it as confirmation that their patient approach is working, and questions about what’s next as the Trump messaging on trade changes by the day. From there: The PRC warns countries about cooperating with the US, and why the apparent US flip-flopping likely hurts their cause with third-party countries. At the end: A dispatch from Yiwu, more on PRC messages to third-party countries, and a listener’s note on Trump’s caustic approach to Canada. To email the show: email@sharpchina.fm [email@sharpchina.fm] ---------------------------------------- @SharpTechPodcast Channel — YouTube [https://www.youtube.com/@SharpTechPodcast] @Stratechery Channel — YouTube [https://www.youtube.com/@Stratechery] ---------------------------------------- Appeasement of the US is not an option; Wang Yi on Xi's trip; Private economy law; More pilots for service sector opening — Sinocism [https://sinocism.com/p/appeasement-of-the-us-is-not-an-option] Bessent Expects Tariff Standoff With China to De-Escalate — Bloomberg [https://www.bloomberg.com/news/articles/2025-04-22/bessent-sees-de-escalation-with-china-situation-unsustainable?sref=5KSwFgaY] US markets rally as Treasury secretary says China trade war is ‘unsustainable’ — Financial Times [https://www.ft.com/content/780cbf25-5f0a-48c3-a80e-cf97f7b71fd7] China warns countries against striking trade deals with US at its expense — Reuters [https://www.reuters.com/world/china-opposes-any-deals-between-us-other-nations-its-expense-2025-04-21/] China urges Japan to help fight US tariffs together, Kyodo reports — Reuters [https://www.reuters.com/markets/emerging/china-urges-japan-help-fight-us-tariffs-together-kyodo-reports-2025-04-22/] Wang Yi urges stronger China-Austria ties, slams U.S. tariffs — CGTN [https://news.cgtn.com/news/2025-04-22/Wang-Yi-urges-stronger-China-Austria-ties-slams-U-S-tariffs-1CMLrEgm9lS/p.html] Wang Yi holds phone call with UK Foreign Secretary David Lammy, stressing shared responsibility to uphold multilateral trade system — Global Times [https://www.globaltimes.cn/page/202504/1332624.shtml] ‘You Think We’re Afraid of America?’ — The Atlantic [https://www.theatlantic.com/international/archive/2025/04/chinese-manufacturers-trade-war/682520/] 3 takeaways from my visit to Yiwu, the frontlines of the trade war — Chang Che [https://changche.substack.com/p/3-takeaways-from-my-visit-to-yiwu] Blame Canada - South Park — YouTube [https://www.youtube.com/watch?v=bOR38552MJA]

Get all episodes of Sharp China, Sharp Tech, Stratechery Updates and Interviews, Greatest of All Talk, Asianometry and the Dithering Podcast as part of Stratechery Plus [https://stratechery.passport.online/member/plan/4ycW4SE71Cy6ryrijywbTG] for $15/month or $150/year. ---------------------------------------- Bill Bishop is the author of Sinocism [https://sinocism.com/] ---------------------------------------- On today's show Andrew and Bill return to discuss the state of the trade war two weeks after “Liberation Day” and the imposition of a 145% tariff rate on PRC goods. Topics include: Reports of a Trump Admin strategy to isolate the PRC, daily talk of a deal with China from President Trump, himself, signals from the PRC side that they may be willing to negotiate, and the PRC cancels orders of Boeing planes. From there: A raft of news on Nvidia as the U.S. restricts the export of H20 chips to China, Jensen Huang visits Beijing for an appearance with He Lifeng, and questions for the future of Nvidia and U.S. chip policies more generally. At the end: China restricts the export of rare earths to the U.S., rare earths as a keystone to understanding broader U.S. supply chain challenges, "Red and Expert" anxiety 60 years later, and TikTok faces new uncertainty in the wake of the tariffs. To email the show: email@sharpchina.fm [email@sharpchina.fm] ---------------------------------------- @SharpTechPodcast Channel — YouTube [https://www.youtube.com/@SharpTechPodcast] @Stratechery Channel — YouTube [https://www.youtube.com/@Stratechery] ---------------------------------------- U.S. Plans to Use Tariff Negotiations to Isolate China — Wall Street Journal [https://www.wsj.com/politics/policy/u-s-plans-to-use-tariff-negotiations-to-isolate-china-177d1528] Xi Fights Trump’s Tariffs With Global Charm Offensive — Wall Street Journal [https://www.wsj.com/world/china/xi-fights-trumps-tariffs-with-global-charm-offensive-9b4185a8] China Open to Talks If US Shows Respect, Names Point Person — Bloomberg [https://www.bloomberg.com/news/articles/2025-04-16/china-open-to-talks-if-trump-shows-respect-names-point-person?srnd=homepage-uk&sref=5KSwFgaY] China replaces top international trade negotiator as talks with Washington stall — CNBC [https://www.cnbc.com/2025/04/16/china-replaces-top-trade-negotiating-official-as-trade-talks-with-washington-stalls-.html] Nvidia faces $5.5 billion charge as US restricts chip sales to China — Reuters [https://www.reuters.com/technology/nvidia-expects-up-55-billion-charge-first-quarter-2025-04-15/] Washington Takes Aim at DeepSeek and Its American Chip Supplier, Nvidia — New York Times [https://www.nytimes.com/2025/04/16/technology/nvidia-deepseek-china-ai-trump.html] Nvidia chief Jensen Huang flies to Beijing for talks — Financial Times [https://www.ft.com/content/7a49186c-8e51-4540-affe-15239c0914e3] Post from E-China News — X [https://x.com/Echinanews/status/1912812262848663942] Post from the Select Committee on the Chinese Communist Party — X [https://x.com/committeeonccp/status/1912876619229778104] Nvidia H20 Restricted in China, The Huawei CloudMatrix 384, Whither Chip Controls — Stratechery [https://stratechery.com/2025/nvidia-h20-restricted-in-china-the-huawei-cloudmatrix-384-whither-chip-controls/] Remarks by Director Kratsios at the Endless Frontiers Retreat — The White House [https://www.whitehouse.gov/articles/2025/04/8716/] China Halts Critical Exports as Trade War Intensifies — New York Times [https://www.nytimes.com/2025/04/13/business/china-rare-earths-exports.html]

Get all episodes of Sharp China, Sharp Tech, Stratechery Updates and Interviews, Greatest of All Talk, Asianometry and the Dithering Podcast as part of Stratechery Plus [https://stratechery.passport.online/member/plan/4ycW4SE71Cy6ryrijywbTG] for $15/month or $150/year. ---------------------------------------- Bill Bishop is the author of Sinocism [https://sinocism.com/] ---------------------------------------- On today's show Andrew and Bill return to discuss the intensification of the US-China trade war, including tariffs of 104% beginning on Wednesday, the PRC's options to respond, how companies like Apple could be squeezed, and why this represents the lowest point for US-China relations in a very long time. Then: Exploring EU opportunities and challenges after Premier Li Qiang's call with EU President Ursula von der Leyen, the debunked report about South Korea and Japan cooperating with the PRC, and unpacking the risks and possibilities inherent to the course the US side has chosen over the past week. At the end: Reactions to the latest TikTok extension from President Trump, a report that Liu He's son is under investigation, and a new name for the gardening podcast that may be essential in the months to come. To email the show: email@sharpchina.fm [email@sharpchina.fm] ---------------------------------------- @SharpTechPodcast Channel — YouTube [https://www.youtube.com/@SharpTechPodcast] @Stratechery Channel — YouTube [https://www.youtube.com/@Stratechery] ---------------------------------------- As the additional 50% US tariffs go into effect will the bottom fall out of the US-China relationship? — Sinocism [https://sinocism.com/p/as-the-additional-50-us-tariffs-go] Trump threatens 50% more tariffs on PRC; Trouble for Liu He's son; TikTok — Sinocism [https://sinocism.com/p/trump-threatens-50-more-tariffs-on] April 7 People's Daily on responses to US tariffs 集中精力办好自己的事 增强有效应对美关税冲击的信心 — Sinocism [https://sinocism.com/p/april-7-peoples-daily-on-responses] Apple’s China Problem, Apple in the Short Term, Tech’s Complement Risk — Stratechery [https://stratechery.com/2025/apples-china-problem-apple-in-the-short-term-techs-complement-risk/] China has the tools to weather Trump storm, Premier Li tells EU’s von der Leyen — SCMP [https://www.scmp.com/news/china/diplomacy/article/3305692/trumps-tariffs-upend-order-chinese-and-eu-leaders-discuss-need-predictability] China investigates ‘princeling’ amid crackdown on finance industry — Financial Times [https://www.ft.com/content/47d8b4b9-226d-4045-8a42-db5f9be89a9f] Trump punts on TikTok deal — app gets another 75 days — Politico [https://www.politico.com/news/2025/04/04/trump-tiktok-deal-00272469]

Get all episodes of Sharp China, Sharp Tech, Stratechery Updates and Interviews, Greatest of All Talk, Asianometry and the Dithering Podcast as part of Stratechery Plus [https://stratechery.passport.online/member/plan/4ycW4SE71Cy6ryrijywbTG] for $15/month or $150/year. ---------------------------------------- Bill Bishop is the author of Sinocism [https://sinocism.com/] ---------------------------------------- On today's show Andrew and Bill begin with the China Development Forum, including China's messaging to foreign investors, revisiting the Mintz raids as five detained employees are finally released, no updates on a Xi-Trump meeting, and news in the EV space. From there: The US plans to revive shipbuilding capacity, the likely disruption if the US adopts the USTR recommendations to counter Chinese dominance, Michael Froman writes that China has remade the international system, and a few more thoughts on the CK Hutchison deal. At the end: Rumors swirl around He Weidong and others in the PLA, what the noise might signal, and news of a deep-sea cable cutter is accompanied by a reminder that China constructs and protects deep sea cable like no other. To email the show: email@sharpchina.fm [email@sharpchina.fm] ---------------------------------------- @SharpTechPodcast Channel — YouTube [https://www.youtube.com/@SharpTechPodcast] @Stratechery Channel — YouTube [https://www.youtube.com/@Stratechery] ---------------------------------------- US closes some tech export control loopholes; Support for private business; DeepSeek — Sinocism [https://sinocism.com/p/us-closes-some-tech-export-control] China Development Forum; Xi Economic Thought; WTO compliance; Wang Yi in Tokyo — Sinocism [https://sinocism.com/p/china-development-forum-xi-economic] China releases employees of US firm as Xi Jinping courts global CEOs — Financial Times [https://www.ft.com/content/aca46716-efa3-46c7-8481-3bc0cb1f63bc] AUDI, Not Audi: A New EV Sub-Brand Prepares for Launch — Auto Blog [https://www.autoblog.com/news/audi-not-audi-a-new-ev-sub-brand-prepares-for-launch] Tesla warns Trump administration it is ‘exposed’ to retaliatory tariffs — Financial Times [https://www.ft.com/content/605295c5-dc8f-4247-ba35-8036b5058915] Why ships are the new chips — Financial Times [https://www.ft.com/content/37bfc009-cf92-434b-81a1-04b40ecc49c4] How Foreign Companies Are Funding China’s Dual-Use Shipyards — Wall Street Journal [https://wsjchina.cmail19.com/t/d-e-sidlyht-drjjjyiym-r/] China Has Already Remade the International System — Foreign Affairs [https://www.foreignaffairs.com/china/economics-china-international-system-tariffs-michael-froman] China's Undeclared Arctic Foreign Policy — Wilson Center [https://plasticpipeline.wilsoncenter.org/publication/chinas-undeclared-arctic-foreign-policy] Devil in the details of the Hutchison-BlackRock Panama ports deal — SCMP [https://www.scmp.com/news/hong-kong/politics/article/3303670/devil-details-hutchison-blackrock-panama-ports-deal] Senior Chinese general disappears in latest high-level political purge — Washington Times [https://www.washingtontimes.com/news/2025/mar/25/senior-chinese-gen-weidong-disappears-latest-high-level-political/] China unveils a powerful deep-sea cable cutter that could reset the world order — SCMP [https://www.scmp.com/news/china/science/article/3303246/china-unveils-powerful-deep-sea-cable-cutter-could-reset-world-order] Commentary: China constructs, protects submarine cable system in inclusive internet quest — Xinhua [https://english.news.cn/20250325/3fcb477297004290aef50beff31845c1/c.html]

Get all episodes of Sharp China, Sharp Tech, Stratechery Updates and Interviews, Greatest of All Talk, Asianometry and the Dithering Podcast as part of Stratechery Plus [https://stratechery.passport.online/member/plan/4ycW4SE71Cy6ryrijywbTG] for $15/month or $150/year. ---------------------------------------- Bill Bishop is the author of Sinocism [https://sinocism.com/] ---------------------------------------- On today's show Andrew and Bill begin with Taiwanese President Lai Ching-Te designating the PRC a "foreign hostile force," the initial response from the PRC and potential responses to come, rumors surrounding CMC vice chairman He Weidong, and an email wondering about the defense of Taiwan as a core American interest. From there: Sources say Xi Jinping is "angered" by CK Hutchison's deal to sell its ports in Panama, and TikTok talks accelerate as Beijing remains silent on the issue and Oracle heads to Washington to pitch lawmakers on Project Texas 2.0. At the end: Trump says that Xi will visit "soon" but sources tell the FT otherwise, a question about Beijing's reaction to DOGE and Trump 2.0, a question on fentanyl, and a bit more on the memoir of a former Facebook exec. To email the show: email@sharpchina.fm [email@sharpchina.fm] ---------------------------------------- @SharpTechPodcast Channel — YouTube [https://www.youtube.com/@SharpTechPodcast] @Stratechery Channel — YouTube [https://www.youtube.com/@Stratechery] ---------------------------------------- Xi inspects Guizhou; BlackRock-CK Hutchinson ports deal under attack; TikTok; US ceding the global information battlefield — Sinocism [https://sinocism.com/p/xi-inspects-guizhou-blackrock-ck] Tensions over Taiwan; EU corruption probe of Huawei; OpenAI rattled by DeepSeek; CK Hutchison deal with BlackRock slammed for "spineless kowtowing" — Sinocism [https://sinocism.com/p/tensions-over-taiwan-eu-corruption] Taiwan holds combat-readiness drills in response to PLA ‘grey-zone provocations’ — SCMP [https://www.scmp.com/news/china/military/article/3302823/taiwan-holds-combat-readiness-drills-response-pla-grey-zone-provocations] Fleet Of Special Barges Suitable For Taiwan Landings — 笑脸男人 on X [https://x.com/lfx160219/status/1900085680090603719] Top Chinese Military Official Close to Xi Rumored To Have Been Arrested — Newsweek [https://www.newsweek.com/china-arrests-top-military-official-he-weidong-xi-jinping-loyalist-2045818] Elon Musk on Taiwan and the AI Race — Autism Capital on X [https://x.com/AutismCapital/status/1901704325526909171] China Is Said to Scrutinize Li Ka-shing’s Panama Port Deal — Bloomberg [https://www.bloomberg.com/news/articles/2025-03-18/china-is-said-to-scrutinize-li-ka-shing-s-port-deal-for-breaches?srnd=homepage-americas&sref=5KSwFgaY] China’s Xi Is Angered by Panama Port Deal That Trump Touted as a Win — WSJ [https://www.wsj.com/world/china/chinas-xi-is-angered-by-panama-port-deal-that-trump-touted-as-a-win-9a0c22fe?st=aGxfLy&reflink=article_copyURL_share] To Save TikTok, ByteDance Must Go — National Review [https://www.nationalreview.com/2025/03/to-save-tiktok-bytedance-must-go/] White House seriously considering deal from Oracle to run TikTok — Politico [https://www.politico.com/news/2025/03/16/white-house-oracle-tiktok-00232302] Leaked Audio From 80 Internal TikTok Meetings Shows That US User Data Has Been Repeatedly Accessed From China — Buzzfeed News [https://www.buzzfeednews.com/article/emilybakerwhite/tiktok-tapes-us-user-data-china-bytedance-access] Was a CCP Influence Operation Behind RedNote’s US Surge? — The Diplomat [https://thediplomat.com/2025/03/was-a-ccp-influence-operation-behind-rednotes-us-surge/] Donald Trump says China’s Xi Jinping to visit US in ‘not too distant future’ — FT [https://www.ft.com/content/a0f0b717-728d-410c-a1c3-304fce9225d1] Chinese state media celebrates Trump’s cuts to Voice of America and Radio Free Asia — The Guardian [https://www.theguardian.com/media/2025/mar/18/chinese-state-media-celebrates-trumps-cuts-to-voice-of-america-and-radio-free-asia] Meta Seeks to Block Further Sales of Ex-Employee’s Scathing Memoir — NYT [https://www.nytimes.com/2025/03/12/technology/meta-book-sales-blocked.html]