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ShengFM & Baiguan

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Substack
PricingOnly free issuesPublishesWeekly
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Latest Issues

Trump brings tech CEOs to Beijing, Kuaishou's $20 billion Kling spin-off, and Unitree's $574,000 mecha takes a first step toward Pacific Rim.

Before Air Force One landed, AI memes of Trump, Musk, and Huang were already filling Chinese social media. Clips from the Temple of Heaven visit and the state dinner went viral last night.It’s the first US presidential visit to Beijing in...

4 days ago
3

Beijing's Chip Fund Crosses Into AI for DeepSeek at $45 Billion

Last weekend through Wednesday was China’s Labor Day break, and across those five days the country’s biggest tech companies were unusually quiet. No new product launches, no model drops, no flagship press events. After the post-Spring Festi...

11 days ago
2

China’s AI World Splits in Two: Manus, Micro-Dramas, and the New Cross-Border Reality

China blocked Meta’s $2 billion Manus acquisition, forcing AI founders to choose between offshore and onshore paths. Meanwhile, AI video is already reshaping micro-drama production faster than foreign observers can track.


After M...

19 days ago
4

DeepSeek's V4 Arrived 145 Days Late, Beijing's Robot Marathon Got 5x Faster, and China's Robotaxis Go Global

DeepSeek opened its first-ever funding round in mid-April, then dropped V4 on April 24 after 145 days of silence. Meanwhile, a Huawei spinoff’s robots swept the top six spots in a half marathon, and a growing number of Chinese AV companies...

25 days ago
5
1

DeepSeek's Secret Data Centers, the Battery Race After Convergence, and a $30 Billion Food Delivery Ceasefire

DeepSeek posted two job listings in a city most people outside China have never heard of. That was enough to crack open five data centers it had never acknowledged. In another corner of China’s tech industry, BYD’s charging lead has shrunk...

a month ago
5

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Authors

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  • Zelin Wang

    Podcast Producer at ShengFM (声动活泼)

  • Aaron

    Co-Editor of VoC & Baiguan A Chinese investor who started in Russia and fought into the US market

  • Diane Ding

    Founder @ ShengFM 声动活泼(China’s leading podcast studio) Host @ Voice of Context | 科技早知道 (What’s Next in Tech) Exploring how AI reshapes what comes next.

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