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height: 1px; line-height: 1px;"> <div><img alt="" width="5" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/1101116784221/S.gif" style="display: block; height: 1px; width: 5px;"></div> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div style="text-align: center;" align="center"><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Conversations with Asia&#x2019;s leading movers, shakers, thinkers, and provocateurs</span></div></div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-social-button"> <table class="editor-social" width="100%" cellpadding="0" cellspacing="0" border="0" style="width: 100%; min-width: 100%;"> <tbody> <tr> <td class=" social-container social-container" align="center" style="padding: 0px 20px 10px;"> <div class="galileo-ap-content-editor"> <a href="https://www.facebook.com/insideasiapodcast" style="display: inline-block; text-decoration: none;"> <img alt="Facebook" width="32" border="0" src="https://imgssl.constantcontact.com/galileo/images/templates/Galileo-SocialMedia/facebook-visit-default-circle.png" style="display: inline-block; 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font-size: 18px; color: #000000; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; font-weight: bold; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div style="text-align: center;" align="center"><span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;">In conversation with</span></div> <div style="text-align: center;" align="center"><span style="font-size: 20px; font-family: Calibri, Helvetica, Arial, sans-serif;">Clay Chandler</span></div> <div style="text-align: center;" align="center"><span style="font-size: 18px; font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;">US vs. China: A Tale of Two Systems</span></div> <div style="text-align: center;" align="center"><br></div> <div style="text-align: center;" align="center"> <span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;">Click </span><a href="http://www.insideasiapodcast.com/tale-of-two-systems/" rel="noopener noreferrer" target="_blank" style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; color: rgb(207, 143, 18); font-weight: normal; font-style: normal; text-decoration: underline;">here</a><span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;"> to listen to the full </span><span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Inside Asia</span><span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;"> episode</span> </div> </div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-divider"> <table class="editor-divider" width="100%" cellpadding="0" cellspacing="0" border="0" style="min-width: 100%;"> <tbody> <tr> <td class="" align="center" valign="top"> <table width="100%" class="galileo-ap-content-editor" style="cursor: default; 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font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div><table class="editor-image OneColumnMobile" style="mso-table-rspace: 5.75pt;" align="left" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="image-cell " align="center" valign="top" style="padding: 0px;"> <div class="publish-container"> <a href="http://www.insideasiapodcast.com/tale-of-two-systems/" style="color: #597274; font-weight: normal; font-style: normal; text-decoration: underline;"> <img alt="" class="" style="display: block; height: auto !important; max-width: 100% !important;" width="251" border="0" hspace="0" vspace="0" src="https://files.constantcontact.com/41ca3c44701/eaf90792-8191-4c31-93e6-895cfc1d611f.jpg"> </a> </div> </td> <td class="mobile-hidden" width="15" height="1" align="center" valign="top" style="height: 1px; line-height: 1px; padding: 0px;"> <img alt="" width="15" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif" style="display: block; height: auto; max-width: 100%;"> </td> </tr> <tr> <td class="mobile-hidden" height="5" align="center" valign="top" style="height: 5px; line-height: 1px; padding: 0px;"> <img alt="" width="1" height="5" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif" style="display: block; height: auto; max-width: 100%;"> </td> <td class="mobile-hidden" width="5" height="5" align="center" valign="top" style="height: 1px; line-height: 1px; padding: 0px;"> <img alt="" width="5" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif" style="display: block; height: auto; max-width: 100%;"> </td> </tr> </tbody> </table></div> <div class="text-container galileo-ap-content-editor"><div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">Barely a day goes by now when you don&#x2019;t wake up to news of some diplomatic affront. The US and China, it seems, are caught in a downwardly spiraling political maelstrom and there&#x2019;s no end in sight. While the short-term implications appear rather petty &#x2013;&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">you close my consulate&#x2026;I&#x2019;ll close yours</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#x2026;the longer-term issues could prove severe. Not just for the two countries, but for the world at large.&#xa0;</span> </div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">It speaks to the essential nature of the two Superpowers. They set the tone for what comes next economically. Diplomatic squabbling isn&#x2019;t helping, particularly in a time of pandemic when greater inter-reliance, not less, could make all the difference.</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">Which country comes out on top may have less to do with politics and more to do with which nation gets its economy back on track first. Through this lens, China would appear to have the upper hand. It&#x2019;s economy is rebounding. And as my guest this week explains, it has much to do with China&#x2019;s relative success in bringing Covid to heel.&#xa0;</span></div> <div><br></div> <div> <a href="https://www.linkedin.com/in/claychandlerontherock/" rel="noopener noreferrer" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">Clay Chandler</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;is Executive Editor for&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Fortune</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;here in Asia. Based out of Hong Kong, he&#x2019;s a long-serving member of the region&#x2019;s journalistic community, holding stints with&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">The Wall Street Journal,</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">The Washington Post</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, and&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Time Inc</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">. At</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Fortune</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, he&#x2019;s created a niche in delivering nuanced tales, offering up an Asia perspective to challenge more populist US-centric views.</span> </div> </div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: bold;">What Shape Is Your Recovery?</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">For anyone main-lining US news, you&#x2019;d think that the Trump administration had China over a barrel, blocking acquisitions of US companies, levying tariffs against Chinese-made goods, and generally talking tough in defense of US interests. Take a closer look and you can see that it&#x2019;s China&#x2019;s economy, not the US, that&#x2019;s regained its stride.&#xa0;</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">A V-shaped recovery is in the making. In Q2, the country recorded 3.2 percent GDP growth, a significant rebound from a 6.8 percent contraction in the first quarter. While staving off a second wave of Covid, the country has benefitted from increased government spending, tax breaks and cuts in lending rates. Infrastructure spending both at home and abroad has kept pace and employment figures are holding steady.&#xa0;</span></div> </div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-image"> <table class="editor-image editor-image editor-image-vspace-on" style="min-width: 100%;" width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td align="center" valign="top" style="padding-top: 10px; padding-bottom: 10px;"> <div class="publish-container"> <img alt="" class="" style="display: block; height: auto !important; max-width: 100% !important;" width="579" border="0" hspace="0" vspace="0" src="https://files.constantcontact.com/41ca3c44701/8cd3c1b1-645a-4bb1-88b5-d3da22a23c0d.png"> </div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: bold;">Economic Bragging Rights</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">These are early days, but you might say, China&#x2019;s recovery plan is paying dividends. Unfortunately, the same can&#x2019;t be said of the US, where Q2 GDP growth fell a historic 32.9%. In the meantime, Covid cases keep rising, politicians keep squabbling, and everyone suffers.</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">Whether we like it or not, China is still the world&#x2019;s biggest economic growth story. But there&#x2019;s more at stake. We&#x2019;re talking about bragging rights. China&#x2019;s ability to manage through a down cycle better than the US won&#x2019;t go unnoticed. Burgeoning liberal democracies around the world may come to question the pros and cons of a free-wheeling US system versus a a more centrist Chinese model. It&#x2019;s a tale of two systems at a pivotal historical juncture. The longer it takes for the US to get its act together, the brighter the light shines on China.&#xa0;</span></div> </div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-image"> <table class="editor-image editor-image editor-image-vspace-on" style="min-width: 100%;" width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td align="center" valign="top" style="padding-top: 10px; padding-bottom: 10px;"> <div class="publish-container"> <img alt="" class="" style="display: block; height: auto !important; max-width: 100% !important;" width="584" border="0" hspace="0" vspace="0" src="https://files.constantcontact.com/41ca3c44701/6e3d9d44-a122-455f-b36d-88839364b0a3.png"> </div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">Watching investors is usually a good indicator. Case in point, foreign direct investment into China is on the rise and shows no sign of slowing. As Clay points out, Fortune 500 firms aren&#x2019;t going to sit on the sidelines and miss the opportunity to build business in China, even if it means going it alone in the absence of market entry reforms. From a pure commercial perspective, not engaging is to miss the opportunity to grow revenues and marketshare. And at a time when the rest of the world remains flat, China, it&#x2019;s growing middle class, and its planned economy are all reasons to invest.&#xa0;</span></div></div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-image"> <table class="editor-image editor-image editor-image-vspace-on" style="min-width: 100%;" width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td align="center" valign="top" style="padding-top: 10px; padding-bottom: 10px;"> <div class="publish-container"> <img alt="" class="" style="display: block; height: auto !important; max-width: 100% !important;" width="577" border="0" hspace="0" vspace="0" src="https://files.constantcontact.com/41ca3c44701/48aaa3ec-d99e-4c93-9681-5707768c0a9d.png"> </div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">Short of military confrontation &#x2013; which is a real possibility &#x2013; there&#x2019;s little the US can do to short circuit China&#x2019;s apparent rise. Now it&#x2019;s up to policy-makers on both sides of the Pacific to come to terms with this fact, get back to the negotiating table, and carve out a plan that the world can live with. Granted, that&#x2019;s easier said than done.</span></div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">If you&#x2019;re not already an&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Inside Asia</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;listener, please subscribe today. 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color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Newsletter.&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Eastworld</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;by Clay Chandler, </span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Fortune</span> </div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif;">Click&#xa0;</span><a href="https://fortune.com/tag/eastworld/" rel="noopener noreferrer" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; text-decoration: underline;">here</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;to subscribe to the newsletter</span> </div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Article</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">:&#xa0;&#x201c;Trump Threatened&#xa0;&#x2018;Complete De-Coupling&#x2019;&#xa0;- But Global Investors are Hungrier Than Ever for China Deals,&#x201d;&#xa0;by Clay Chandler,&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Fortune</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, June 21, 2020. [</span><a href="https://fortune.com/2020/06/21/foreign-investment-china-deals-decoupling/" rel="noopener noreferrer" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">here</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">]</span> </div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Article</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">:&#xa0;&#x201c;The&#xa0;Role of Foreign Spending in&#xa0;China&#x2019;s Pandemic Rebound,&#x201d;&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Asia and the Pacific Policy Forum</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, June 10, 2020. [</span><a href="https://www.policyforum.net/chinas-foreign-direct-investment-flows/" rel="noopener noreferrer" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">here</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">]</span> </div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Article</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">:&#xa0;&#x201c;China&#x2019;s Data Deluge Set to Show Recovery Accelerating: Eco Week,&#x201d;&#xa0;by Jeff Black, Bloomberg, August 9, 2020. [</span><a href="https://www.bloomberg.com/news/articles/2020-08-09/china-s-data-deluge-set-to-show-recovery-accelerating-eco-week" rel="noopener noreferrer" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">here</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">]</span> </div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Report</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">:&#xa0;&#x201c;Who&#x2019;s&#xa0;Buying&#xa0;Whom? COVID-19 and China Cross-Border M&amp;A Trends,&#x201d;&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Rhodium Group</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, June 18, 2020. [</span><a href="https://rhg.com/research/whos-buying-whom/" rel="noopener noreferrer" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">here</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">]</span> </div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Book</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">:&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Superpower Showdown: How the Battle Between Trump and Xi Threatens a New Cold War, by&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">Bob Davis and Lingling Wei, Publisher: Harper Business, June 9, 2020. 448pp. [</span><a href="https://www.goodreads.com/book/show/50184057-superpower-showdown?ac=1&from_search=true&qid=SNQIUY40Sd&rank=1" rel="noopener noreferrer" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">here</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">]</span> </div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Referenced by Clay in our discussion, it&#x2019;s the story of how the US-China trade war began long before President Trump came to power.</span></div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Book</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">:&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Schism: China, America, and the Fracturing of the Global Trading System</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">,&#xa0;by&#xa0;</span><a href="https://www.goodreads.com/author/show/54836.Paul_Blustein" rel="noopener noreferrer" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">Paul Blustein</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, Publisher: CIGI Press, September 10, 2019, 280pp. [</span><a href="https://www.goodreads.com/book/show/44179459-schism?from_search=true&from_srp=true&qid=X2AAipImCr&rank=1" rel="noopener noreferrer" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">here</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">]</span> </div> <div><br></div> <div><span style="font-size: 16px; 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font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Steve Okun:</span></div> <div><span style="color: rgb(0, 0, 0); font-weight: bold; font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif;">US Elections: Will Getting Tough on China Matter?</span></div> <div> <span style="font-size: 12px; color: rgb(102, 102, 102); font-family: Calibri, Helvetica, Arial, sans-serif;">| </span><span style="font-size: 12px; font-family: Calibri, Helvetica, Arial, sans-serif;">July 30, 2020</span><span style="font-size: 12px; font-family: Calibri, Helvetica, Arial, sans-serif; color: rgb(102, 102, 102);">&#xa0;|&#xa0;</span> </div> </div></div> </td> </tr> </tbody> </table> </div> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text feature-text" align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 16px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div><span style="font-size: 14px; color: rgb(102, 102, 102); font-family: Calibri, Helvetica, Arial, sans-serif;">On this week&#x2019;s episode of Inside Asia I&#x2019;m in conversation with Steve Okun, political pundit and senior advisor with McClarty Associates. For years now, and with each new US political cycle, Steve steps up to offer an outside-in view of how things are shaping up. Understanding how politics shape Asia commerce is his forte. Every four years, US presidential elections roll&#xa0;around and Americans are asked to&#xa0;pick a candidate who best represents their needs and ideals. Bread basket issues like jobs, the economy, and healthcare top the list. Foreign Policy? Well, it barely ranks. In most cases, it doesn&#x2019;t even make the top 10. It should not, therefore, come as a surprise that as the US enters this political season, America&#x2019;s engagement with Asia won&#x2019;t receive so much as a mention. The only exception, of course, is China. Every politician needs a bogey-man, and this time round, it&#x2019;s the Middle Kingdom, or as, no doubt, it will be characterized in political ads and stump speeches as &#x201c;the red threat rising in the East.&#x201d; It&#x2019;s the kind of rhetoric that politicians like to bandy about. It&#x2019;s good for public morale, they might argue, but it has little bearing on the outcome of an election. So why do it?</span></div></div></div> </td> </tr> </tbody> </table> </div> </td> <td class="mobile-hidden layout-container" width="5" style="height: 10px; line-height: 1px; background-color: #FFFFFF; padding: 0;" align="center" valign="top" bgcolor="#FFFFFF"><img style="display: block; width: 5px; height: 10px;" alt="" width="5" height="10" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif"></td> <td class="mobile-hidden layout-container" width="5" style="height: 5px; line-height: 1px; background-color: #FFFFFF; padding: 0;" align="center" valign="top" bgcolor="#FFFFFF"><img style="display: block; width: 5px; height: 5px;" alt="" width="5" height="5" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif"></td> <td class="split feature editor-col OneColumnMobile" width="50%" align="left" valign="top" style="background-color: #F4F4F4;" bgcolor="#F4F4F4"> <div class="gl-contains-image"> <table class="editor-image content-image" style="min-width: 100%;" width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td align="center" valign="top" style="padding-top: 0px; padding-bottom: 0px;"> <div class="publish-container"> <a href="http://www.insideasiapodcast.com/david-hoffman-xi-jinping-china-trade-war/"> <img alt="" class="" style="display: block; height: auto; max-width: 100%;" width="285" border="0" hspace="0" vspace="0" src="https://files.constantcontact.com/41ca3c44701/19db724e-b42f-43af-b372-cddfa1e68574.jpg"> </a> </div> </td> </tr> </tbody> </table> </div> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div style="text-align: center;" align="center"><span style="font-size: 12px;">Click photo to link and listen</span></div></div></div> </td> </tr> </tbody> </table> </div> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">David Hoffman:</span></div> <div><span style="color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Xi Jinping, China, and the Trade War </span></div> <div><span style="font-size: 12px; color: rgb(102, 102, 102); font-family: Calibri, Helvetica, Arial, sans-serif;">| April 11, 2018&#xa0;|</span></div> </div></div> </td> </tr> </tbody> </table> </div> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text feature-text" align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 16px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div> <span style="font-size: 14px; color: rgb(102, 102, 102); font-family: Calibri, Helvetica, Arial, sans-serif;">Last month many were caught off guard by the decision by President Xi Jinping to abolish term limits and assume permanent leadership status. It&#x2019;s a move that seems to fly in the face of the preceding two decades largely dedicated to carefully, slowly&#x2014;sometimes reluctantly&#x2014;building institutions. Add to the mix that China and the States seem on the brink of a trade war. Get ready for months of debate over Sino-US trade, technology and geopolitical influence. What&#x2019;s it all mean? Is the Chinese consolidation of power a sign that trouble is ahead or is it a sign of unprecedented stability? A momentary lapse of reason or a calculated, carefully argued and debated move on the international chessboard? To get perspective we reached out to David Hoffman, senior vice president and managing director of&#xa0;</span><a href="https://www.conference-board.org/" rel="noopener noreferrer" target="_blank" style="font-size: 14px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">The Conference Board</a><span style="font-size: 14px; color: rgb(102, 102, 102); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;in Asia. He&#x2019;s a friend of the show and we&#x2019;ve come to rely on his insight. As many of our listeners will know, the Conference Board is a hundred-year-old business association with more than 1,200 public and private sector members spanning 60 countries. David has spent the past decade building out the China Center for Economics and Business and reading the tea leaves of China&#x2019;s political and economic trends. </span> </div></div></div> </td> </tr> </tbody> </table> </div> </td> <td class="mobile-hidden layout-container" width="5" style="height: 10px; line-height: 1px; background-color: #FFFFFF; padding: 0;" align="center" valign="top" bgcolor="#FFFFFF"><img style="display: block; width: 5px; height: 10px;" alt="" width="5" height="10" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif"></td> </tr> </tbody> </table> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-button"> <table class="editor-button" width="100%" cellpadding="0" cellspacing="0" border="0" style="width: 100%; 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color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div>If podcasting isn't your thing, or you're just too busy to take 30 minutes to listen, check out my articles <a href="https://www.linkedin.com/in/steve-stine-6124084/detail/recent-activity/posts/" rel="noopener noreferrer" target="_blank" data-segment-action="add" data-segment-id="7527c640-69b8-11e8-ad61-d4ae529a8575" style="color: #597274; font-weight: normal; font-style: normal; text-decoration: underline;">here</a> on Linked-in where I set out to summarize each week&#x2019;s conversation. We touch on a wide range of topics from healthcare to finance, politics to cleantech. I hope you&#x2019;ll join us.</div></div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-web"> <table class="editor-web" width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="" align="center" valign="top"> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-content-editor"> <tbody> <tr> <td class="block-margin web-content" width="100%" align="left" valign="top" style="padding: 10px 20px;"> <table width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="web-content-border" align="left" valign="top" style="background-color: #F4F4F4; padding: 1px;" bgcolor="#F4F4F4"> <table width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="web-content-inner" width="100%" align="left" valign="top" style="background-color: #FFFFFF; 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