Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
‘In Wind And Rain’
There's good news out of China.
No, seriously. Don't laugh. Or do laugh, because when you have to reassure an audience you're not being facetious to herald good news, that tells you a lot about how poorly things must've been going.
Here's the good news: Chinese equities snapped an unprecedented losing streak in 2024, rising for the first time since Xi embarked on what I've variously described, including in the latest Weekly, as an ill-conceived social engineering project.
Investors will tak
How much wind & rain can the Chinese people endure is the question Xi should ask himself before they decide to come for him.
At least they don’t have to rely on frightful FOREIGNERS to advance their tech sector. Sanctions and export restrictions have spurred some remarkable advances in AI LLMs and inference. All without relying on smelly immigrants poisoning the blood of their country.
Just wonderin’ if theft of intellectual property plays any role ??
For sure, in the past. But now it no longer is the main factor, as the annual global patent filings show.