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Artwork for China as a System @leonliao

China as a System @leonliao

Leon Liao
Tens of paid subscribers

A new framework on how China’s rise is reshaping global competition across industry, technology, energy, capital flows, and geopolitics. Grounded in local insight and shaped by a global perspective. Publishing 5-10 in-depth structural essays weekly

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PricingFreemiumPublishesDaily
Issues341Foundeda year agoLast Issue5 days ago
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Artwork for China as a System @leonliao

Latest Issues

Why Are HP, Asus and Acer Moving PC Production Back to China?

Eight years of China+1 have moved laptop assembly across borders, while much of the industrial network that makes those laptops economical to produce has remained in China. The $9 cost penalty now drawing some orders back exposes the limi...

5 days ago
8

China’s Tunnel Boring Machine Export Controls: What Do They Mean for India?

India buys German tunneling machines built in China, even as it strengthens military infrastructure along a disputed border. Beijing’s new export rules expose the risks.

India can buy German technology and build its own factories. But a fa...

6 days ago
7
2
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Why Does Turkey Have So Many Ancestors?

This essay is part of the series of Global Power Reordering.

Modern Turkish nationalism turns language into blood, cultural kinship into ancestry, and vanished empires into a continuous national inheritance. The irony is that the real Tu...

7 days ago
14

What Does the New Yalu River Bridge Mean for Northeast Asia and North Korea?

Two bridges opened 38 days apart, revealing how Pyongyang is reshaping its economic ties with China, its strategic partnership with Russia, and its place in Northeast Asia.

Russia can help North Korea defend itself. China helps it run its...

8 days ago
7
Paid

What Does Putin Really Want from America and China?

This essay is part of the series of Global Power Reordering.

Putin wants America to recognize Russia as an independent great power and China to help sustain Russia’s capacity to remain one. But Moscow faces a fundamental contradiction: t...

9 days ago
22
2

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  • Leon Liao

    A new framework for understanding China, industrial power, state capacity, tech diffusion, capital flows, and global order.Former Managing Director at a global investment bank and Head of a top China research institute, portfolio manager, writer

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