Sharp China: Xi on Development and Three-Patting Cadres; PRC Venture Investing; Exit Ban Controversies; H20s and a New Trump Narrative; The "Big Tariff"

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Show Notes:

On today's show Andrew and Bill begin with comments from Xi Jinping and renewed emphasis on building more rational marketplaces across key sectors in tech and beyond. Topics include: The implication that not every province has to participate in new growth areas, cadres parsing conflicting guidance from Beijing, and efforts to stimulate a healthy investment ecosystem for startups as U.S. venture investment recedes. From there: Thoughts on two high-profile exit-bans on American citizens traveling in China, why the two cases are different, more chatter that the Trump administration is softening on China, counterpoints to that argument, and a bit more news on "The Big Tariff," Yang Hansen.

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Related Readings:

PLA to try again to eliminate "toxic influences"; Tibet dam project; Involution; Trump’s softening approach to China; More Americans exit banned -- Sinocism

PLA Daily on political cadres; EU-China summit expectations; US-China talks next week; Lab-grown diamonds -- Sinocism

Life Atop China’s Car Market Starting to Look Shaky for BYD -- Bloomberg

Cover Story: A New Gold Rush Begins in China’s Hard Tech Sector -- Caixin

China VC Funds Tap Global Investors for $2 Billion in Comeback -- Bloomberg

U.S.-Based Wells Fargo Banker Blocked From Leaving China -- WSJ

U.S. citizen who works for Commerce Dept. ensnared in Chinese exit ban -- Washington Post

Chinese Officers Questioned U.S. Government Employee About His Army Service -- NYT

China says Wells Fargo banker under exit ban is involved in criminal case -- Reuters

Post by Desmond Shum -- X

As Trump Courts a More Assertive Beijing, China Hawks Are Losing Out -- NYT

Navigating the President’s Policy Whiplash on China -- WSJ

No joke: Chinese rookie Yang Hansen is the NBA’s biggest summer star -- WaPo

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