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
| Platform |  | Pricing | Freemium | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 284 | Founded | 9 months ago | Last Issue | 21 hours ago |
| Active | |||||
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leonliao.substack.comLatest Issues
Compliance Decoupling: China Is Breaking the West’s Supply-Chain Compliance Chain
From rare-earth exports and the RBA to the emergence of two parallel compliance systems governing one global supply chain
Washington turned Xinjiang policy into a supply-chain compliance system capable of reaching deep into Chinese factori...
If Hong Kong Is Over, Why Did It Overtake Switzerland?
Hong Kong’s next international role is being built from three converging forces: Chinese and Asian wealth is concentrating in the city, the offshore RMB market is gaining liquidity and market infrastructure, and China’s technology and adv...
Why Are Chinese Biotechs Flocking to Australia for Phase I Trials?
From a trade-promotion event in Shanghai to Australia’s Phase I beds, clinical trials are making one thing clear: the closer drug development gets to the human body, the more geography matters
Australia is selling Chinese biotech companies...
Why China Rejected the G20’s New Doctrine on Global Imbalances
The fight over “global imbalances” is becoming a fight over who gets to define the problem. Washington wants China’s weak consumption, industrial policy, excess capacity and trade surplus folded into a single narrative of “non-market dist...
How Biren Survived Sanctions and Became One of China’s Top GPU Startups
Sanctioned after its BR100 breakthrough, Biren is trying to rebuild high-end GPU competitiveness through BR106, BR166, BIRENSUPA, optical supernodes, domesticized supply chains and BR20X.
Biren’s story begins with a question that few Chine...
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Publish everyday. 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
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