Important reminder! Exclusive "Ask Me Anything" live webinar on China Sign up [here] before April 26 to secure your spot. As of now, more than 5,000 professionals and thought leaders like you subscribe to our newsletters. Many of you have deep domain knowledge, as well as your own questions and answers about China-related topics. From time to time, we will interview our subscribers like you to share with us your thoughts about China and the world. Today, we are pleased to have a long-time subscriber of us, Han. Han is a Singaporean lawyer with over 15 years of experience specializing in techno ..read more

* Stimulus Policies * Economic and Societal Trend in Another Representative Lower Tier City - Leshan Highlights Part 1:Stimulus Policies * Which part of the CSRC’s(China Securities Regulatory Commission) Aug 28 2023 policies really matters * “On the surface, it's the stamp duty tax that most people pay attention to because it's the simplest one and carries a lot of historical connotations.” * “The most important thing is this specific restriction on controlling shareholder sell-down. This is the first time that, in China, for a controlling shareholder to sell down shares, you have to first be ..read more

Welcome to debut episode of Baiguan Radio. In today's rapidly changing global landscape, questions abound. How is the business environment in China adapting amidst geopolitical tensions such as evolving China-US dynamic? As Hong Kong undergoes significant shifts, what is its impact on the broader investment and business sectors? And, beyond the conventional narratives, what is the real experience within China's state-owned enterprises? Are they as bureaucratically entrenched as perceived, or is there a more complex reality? Today, we're joined by Jay, a seasoned investment banker and native Ho ..read more

In this episode, I had the honor to host Andrew Cainey, the founding director of the U.K. National Committee on China, a Senior Associate Fellow at the Royal United Services Institute and an expert on China's economic development and business environment. Andrew’s distinguished career spans over two decades of advising businesses and governments in China, Korea, and Japan. He has authored "Xiconomics: What China’s Dual Circulation Strategy Means for Global Business," providing deep insights into China's economic policies under Xi Jinping. The conversation delves into Andrew’s experiences in Ch ..read more

Episode Overview In this enlightening episode, we delve into the heart of China's manufacturing industry with Mu’s UVA alumni and industry expert Shaojian Zhang (His Linkedin). With a rich background spanning 30 years in various sectors including industrial technology and manufacturing in China, Singapore, and the US, Shaojian offers a comprehensive view of the evolution, current state, and future prospects of Chinese manufacturing. Key Highlights * Introduction and Background * Shaojian Zhang introduces his extensive background (Haier, Rockwell, GE, CITIC) in the industrial and technology sec ..read more

This is a free preview of a paid episode. To hear more, visit www.baiguan.news Highlights * The Binance case is significant (although the hefty penalty is only estimated to be ~1 year of profit of the crypto exchange). This case shows that US regulators are tough on crypto, but also do not want to crush it. * China has an interesting dual-system crypto regulatory regime, with total ban on anything crypto in mainland China, but very encouraging policies in Hong Kong, effectively protecting mainland citizens against scams but also keeping a foot at the forefront of innovation. "One country, two ..read more

Highlights New positive development of China’s data market * China's recent approval for cross-border data transmission, notably with players like Qichacha in the landscape, signifies China’s commitment to nurturing a resilient data market. * Dispelling misconceptions, our outlook on this development remains one of optimism. Far from a data conspiracy, this move serves as tangible proof of China's attempts to refining its data regulatory framework for the build up of a market and economy on data. * There’s a need to distinguish bureaucratic processes from deliberate secrecy, fostering a nuance ..read more

This is a free preview of a paid episode. To hear more, visit www.baiguan.news Highlights * Global capital is skeptical of China now. But that China's growth story has not ended. There is actually a way to invest in China without investing in China. * The world ex-China is experiencing inflation, while China is going through deflation. This setup gives unique opportunities. * Chinese entrepreneurs are expanding globally and they would like to know their customers directly and jump over the traders and also the buyers, so that the whole supply chain is more efficient. * Shein and Temu are good ..read more

Highlights * KKR Asia visit and our key observation on the ground * KKR visited Asia third time this year, and had a chance to meet and share with the delegation. KKR’s Head of Global Macro Henry H. McVey, and Head of APAC Macro, Frances B. Lim, wrote a report after the trip, stating that they have came out of China with a refreshed, and more upbeat view. Robert and Mu talked about some of what they shared in the meeting. * The Chinese central government announced a ¥1 trillion special sovereign bond program * Robert, in his personal stack() , stated that this is a “nuclear control rod”. We ex ..read more

Highlights * The CAC has recently released a “public comment seeking draft directive 征求意见稿” on “the implementation of the cross-border data transmission approval process 规范和促进数据跨境流动规定". This is a step towards reducing the administrative burden for companies that wish to engage in such activities. (Chinese Original Version, English Translation Version) * The previous law was not easy to implement and resulted in unintended consequences, which were interpreted by the mainstream media as blocking foreign access to China's data. * The missing piece: China is not blocking data. It aims to transform ..read more