Pekingnology

Pekingnology explores various aspects of China's domestic policies, its international relations, and public and economic strategies. It delves into the nuances of China's approach to foreign affairs, economic reforms, societal changes, and the global perception of its policies. The newsletter provides insights into China's interactions with other nations, particularly the U.S., and discusses developments in its private sector and technological advancements.

Domestic Policy and Society International Relations and Diplomacy Economic Strategies and Reforms Global Perceptions and Public Diplomacy Technological Advancements and Digital Economy Education and Talent Cultivation Legal and Corporate Developments

The hottest Substack posts of Pekingnology

And their main takeaways
260 implied HN points β€’ 08 Jan 24
  1. Chinese society is experiencing a state of fragmentation with a silo effect causing public harm and societal degeneration.
  2. Institutions, like universities, are creating barriers and silos, leading to elitism and division from society as a whole.
  3. Government departments are becoming siloed, leading to inefficiencies, a lack of information sharing, and a decline in societal efficiency.
267 implied HN points β€’ 05 Jan 24
  1. Chinese female PhD students experienced mistreatment from U.S. Customs officials during airport inspections.
  2. The students were misled into signing documents without being informed of the content or consequences.
  3. The incidents raised concerns of potential racial and gender discrimination by U.S. Customs.
207 implied HN points β€’ 12 Jan 24
  1. The KMT stands a chance in the upcoming Taiwan election due to internal unity and challenges faced by the ruling DPP.
  2. Accusations of CPC intervention in the election may just be excuses to cover internal issues within the DPP.
  3. If the KMT wins, Taiwan could see improved relations with China and a shift towards peace rather than reunification.
188 implied HN points β€’ 15 Jan 24
  1. The SCMP report falsely claimed a link between Baidu and the Chinese military, resulting in a significant financial impact on Baidu.
  2. The Chinese journal paper discussed theoretical ideas, not real 'military AI' experiments, and lacked academic rigor in its approach.
  3. The paper's experiments were basic simulated scenarios, not real tests, and did not provide actionable insights or findings for military application.
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192 implied HN points β€’ 12 Jan 24
  1. China's biopharmaceutical industry has made significant advancements but is now facing challenges, including the loss of market value.
  2. The industry has seen growth in innovative drugs, improved quality of generic drugs, and a rise in biopharmaceutical companies.
  3. Challenges in the industry include difficulty in getting new drugs on medical insurance lists, accessing hospital procurement lists, and a reduction in venture capital.
56 implied HN points β€’ 06 Mar 24
  1. General Secretary Xi Jinping emphasizes the importance of telling China's story well to enhance international communication; there's a need for improvement as some countries show a decline in positive views toward China.
  2. Challenges in telling China's story abroad include misconceptions that it's solely the government's responsibility, restrictions on non-govt interactions, and lack of incentives for leaders in foreign affairs.
  3. Recommendations to address these challenges include raising awareness about public participation, reducing restrictions on exchanges, and encouraging retired officials to engage in foreign activities.
33 implied HN points β€’ 18 Mar 24
  1. Improved censorship and fewer restrictions on TV and film content could make Chinese TV more attractive and boost TV set sales
  2. Chinese TV market is shrinking despite significant advancements in high-definition display technology
  3. Suggestions by Li Dongsheng focus on enhancing content attractiveness, encouraging non-governmental investment, and leveraging new technologies to revitalize the cultural film and television industry
33 implied HN points β€’ 17 Mar 24
  1. Taipei initially concealed a collision between a Coast Guard vessel and a capsized mainland fishing boat, leading to unresolved tension in the area.
  2. The timeline of events was changed, causing doubt and confusion, with discrepancies in the official reports and statements.
  3. The absence of video recording in Taiwan's law enforcement, coupled with the lack of comprehensive evidence, added complexity to the investigation and stirred public debate.
52 implied HN points β€’ 02 Mar 24
  1. China is planning for further comprehensive reforms, aligning with previous reform initiatives.
  2. Xi Jinping aims to address development challenges through reform and opening up, emphasizing the need for focused, high-quality measures.
  3. The process of implementing the new reform package will involve extensive engagement with various stakeholders to gather input and experiences.
37 implied HN points β€’ 07 Mar 24
  1. The number of foreign students coming to study in China, especially from developed countries, has significantly decreased in recent years, presenting challenges for cultural exchanges and international relations.
  2. Challenges like perception issues regarding foreign students, changes in internship and employment opportunities, and academic research procedures contribute to the decline in foreign student enrollment in China.
  3. To address the decline in foreign students, suggestions include raising awareness about the importance of foreign students, improving public opinion, enhancing internship and employment opportunities, and resolving practical issues faced by foreign students.
71 implied HN points β€’ 06 Feb 24
  1. Yi Gang discussed the historical significance of Jiaozi, the first paper money, and its implications for currency policies
  2. He emphasized the importance of competition under constraints for a successful monetary system
  3. Yi Gang highlighted the necessity of establishing and enhancing modern central bank systems to maintain currency stability
94 implied HN points β€’ 14 Jan 24
  1. China has the potential to be a peacemaker in the Israel-Gaza conflict due to its lack of historical baggage and economic influence.
  2. China's neutral stance and economic partnerships in the Middle East make it a trustworthy mediator.
  3. Dialogue, negotiation, and a two-state solution are emphasized as key steps for achieving peace in the region.
90 implied HN points β€’ 07 Jan 24
  1. The meeting between President Xi and President Biden in San Francisco sent a positive message of wanting to manage and stabilize the bilateral relationship between China and the U.S.
  2. Concrete agreements were made between the two countries on issues like fentanyl cooperation, lifting sanctions, people-to-people exchanges, and military dialogues.
  3. There is a need to control the level of confrontation and competition between China and the U.S. to prevent it from escalating into something worse, despite the fundamental negative nature of the relations in recent years.
37 implied HN points β€’ 21 Feb 24
  1. Chinese banks are closely reviewing trade payments from Russia, causing disruptions for Chinese companies involved in business transactions.
  2. Major Chinese banks, including state-owned ones, are halting payments from sanctioned Russian financial institutions, leading to challenges for traders in various regions of China.
  3. The heightened scrutiny on remittances related to Russia by Chinese banks reflects the changing regulatory environment post third quarter of last year, impacting cross-border transactions and requiring stricter due diligence.
37 implied HN points β€’ 23 Jan 24
  1. In China, women's career development is limited by the 'career funnel' due to traditional culture and lack of flexible work policies.
  2. Historical data shows gradual increase in American women's employment rates over a century, with challenges like gender wage gap persisting.
  3. Comparison between Chinese and American women on family choices reveals differences in marriage rates, age at first marriage, and lifetime childlessness.
22 implied HN points β€’ 10 Feb 24
  1. China's digital yuan operates on a 'possession equals ownership' principle, serving both individuals and companies with a retail path, different from other wholesale digital currencies.
  2. The digital yuan does not compete with WeChat Pay or Alipay but complements them, ensuring privacy while complying with anti-money laundering regulations.
  3. The dual-layer structure of China's digital yuan, centralized management, and measures to prevent disintermediation help minimize impacts on monetary policy and ensure balance in the financial system.
18 implied HN points β€’ 08 Feb 24
  1. Researching and shaping narrative around Chinese students studying abroad and their contributions in China.
  2. Providing insights into policy of attracting global talent and developing international talent studies.
  3. CCG's commitment to understanding and promoting the role of global talent in contemporary society through extensive policy research and initiatives.
15 implied HN points β€’ 13 Feb 24
  1. China's Renminbi exchange rate is now seen as an asset price, showing characteristics of asset pricing and requiring an understanding beyond traditional commodity money views.
  2. The flexibility of the Renminbi exchange rate helps release pressure, acts as a shock absorber, and ensures market resilience in the face of fluctuations.
  3. Maintaining a flexible exchange rate policy supports China's pursuit of institutional openness, providing coordination between development and security.
105 implied HN points β€’ 11 Jun 23
  1. China must focus on attracting global talents to become a modern strong socialist nation.
  2. There is a significant decline in the number of foreigners from developed countries residing in China.
  3. Efforts are needed to enhance infrastructure, social acceptance, and streamlined procedures to accommodate foreign residents in China and promote positive international interactions.
64 implied HN points β€’ 22 Jul 23
  1. University admissions in China heavily favor local candidates over non-local candidates.
  2. The application process for university and graduate school in China involves filling in target schools and majors before test scores are known, which can be confusing.
  3. Choosing a university, major, and program that align with personal strengths and future livelihood is crucial for non-elite undergraduates in China.
67 implied HN points β€’ 08 Jul 23
  1. Economists discussed the challenges in China's economy and emphasized the need for strong fiscal and monetary policies with institutional reforms.
  2. There is a call for active participation in global digital economic and trade agreements, establishment of open capital markets, and alignment with international provisions.
  3. Encouraging innovation in the financial market requires a tolerant approach to failure, role of long-term institutional investors, less frequent information disclosure, open capital markets, and stable macro policy orientation.
60 implied HN points β€’ 19 Jul 23
  1. The Chinese government has issued a document to promote and support the development of the country's private economy.
  2. The document emphasizes creating a fair and transparent business environment, protecting property rights, and fostering innovation in private enterprises.
  3. It also encourages social responsibility, international competitiveness, and the active participation of private enterprises in major national strategies.
60 implied HN points β€’ 09 Jul 23
  1. Sima Nan, known as a critic of the U.S., attended an Independence Day event at the U.S. Embassy in Beijing, indicating unusual non-governmental interactions between China and the U.S.
  2. The enthusiastic defense and publicizing of the event by Sima Nan may help reduce the taboo around attending such events at the U.S. embassy, bringing unusual attention and normalization.
  3. The diplomat who invited Sima Nan likely earned praise for public diplomacy for bridging divides and facilitating interactions between individuals with differing ideologies.
79 implied HN points β€’ 26 Apr 23
  1. The article may have misunderstood routine practices and legal changes in China.
  2. Xi Jinping's speeches contained familiar messaging that aligns with past Chinese leadership.
  3. Understanding the nuances of language and context in Chinese official statements is key to interpreting the situation accurately.
60 implied HN points β€’ 18 Jun 23
  1. The meeting between Chinese and U.S. officials in Beijing emphasized the importance of open communication to stabilize their relationship.
  2. China highlighted the need for the U.S. to respect its core interests, especially regarding the Taiwan issue.
  3. Both sides agreed to continue high-level exchanges, maintain dialogue, and work towards stabilizing China-U.S. relations.
49 implied HN points β€’ 15 Jun 23
  1. AIIB's independence is supported by its loans to India, showcasing its impartiality despite China-India tensions.
  2. AIIB demonstrates international cooperation and transparent governance through partnerships and voting power distribution.
  3. The difference between AIIB and China's Belt and Road Initiative highlights the organization's distinct structure and focus on multilateralism.
52 implied HN points β€’ 03 Jun 23
  1. The "Freedom of Navigation" claimed by the United States is different from the concept in international law.
  2. There are limitations to the right of navigation under the United Nations Convention on the Law of the Sea and general international law.
  3. The U.S. uses its "Freedom of Navigation Operations" as a unilateral tool to advance its global strategy, rather than to maintain international maritime order.
45 implied HN points β€’ 19 Jun 23
  1. Choices between dialogue or confrontation, cooperation or conflict are crucial in U.S.-China relations
  2. Understanding and respecting each other's principles and sovereignty is key to stabilizing China-U.S. relations
  3. Both sides must manage differences, avoid strategic accidents, and work towards cooperation in areas of common interest
60 implied HN points β€’ 21 Feb 23
  1. Understand the formation of narratives to address Western public opinion on China
  2. Respond to Western criticisms with facts, science, and reason instead of a different ideology
  3. Prioritize sustainable development in China, focus on citizens' support, and be open to Western groups for improved understanding
49 implied HN points β€’ 07 Apr 23
  1. French President Macron received extensive positive publicity during his visit to China, with state media highlighting his interactions with Chinese President Xi Jinping.
  2. President Xi expressed willingness to jointly call for a political settlement of the Ukraine crisis with France during a meeting with Macron.
  3. The joint declaration between China and France included commitments to maintain high-level meetings, deepen strategic partnerships, and support cooperation in areas like technology and economic development.