Zichen Wang
@ZichenWanghere
Newsletter @pekingnology on Substack ↓ & part of NON-GOVT @CCG_org. @xhnews alum, Mid-career MPP '25 @PrincetonSPIA @Princeton. What else to say?
"10% is the new zero"
Trump trade deals so far: #1 The UK, 10% reciprocal with sectoral reprieve, esp auto at 10% with quotas #2 Vietnam, 20% (vs 46% threat) tariff w/ 40% punishment for transhipment #3 Indonesia, 19% vs 32% threatened #4 The Philippines, 19% vs 20% threatened but was actually 17%…
Mr. Yang Jun, grilling lamb skewers from the back of his tricycle. Bronze Plaza, Dongsheng District, Ordos 杨军先生的烤羊肉串 - 鄂尔多斯市东胜区青铜广场
Is China’s debt a ticking time bomb or a growth engine? BoC International’s Chief Economist Xu Gao says forget deleveraging: China should ramp up debt and government spending to boost its domestic demand. It’s a bold stance flips conventional thoughts. open.substack.com/pub/fredgao/p/…
#Overcapacity was unsurprisingly a hot topic between just-concluded #China-EU summit, and here is what leading economists advise Beijing on the issue. They broadly agree reforming local government performance evaluation system is crucial, otherwise... yuzhehe.com/p/overcapacity…
Make America Great Again!
Productive afternoon of meetings at the State Department. @StateDept
Synthetic diamond production is a cross-cutting tech-industrial capability, kind of like CNC machines. For example, they give China an edge in solar manufacturing. From @shashamimi wsj.com/world/china/wh…
🇨🇳🇪🇺China and the EU issued a joint statement on climate cooperation following high-level talks in Beijing, @vonderleyen marking 50 years of diplomatic relations. Despite tensions over trade, tech, and geopolitics, climate remains a rare area of common ground. Both sides…
Please join me this Thursday at noon for a discussion on all things Putin, Trump, Russia and Ukraine with my colleague Mark Beissinger. Signup link here: crowdcast.io/c/civicforum-s…
Doctors and health officials report wave of hunger deaths in Gaza on.ft.com/46iUoK6
So excited to join the excellent @nytimes team covering China! nytco.com/press/new-corr…
Had a wonderful meeting with @ShekharGupta @ThePrintIndia, an iconic figure in the press of India. One consensus reached, people-to-people exchanges should be enhanced to better promote understandings between our two countries.
NYT: “As Trump Courts a More Assertive Beijing, China Hawks Are Losing Out—The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls” nytimes.com/2025/07/20/us/…
Looks like the EU and China have a deliverable for their summit. Joint statement on climate is done, negotiations wrapped up overnight. Will go to ambassadors at Coreper II today for approval
Liu Zhiqiang, a former vice minister of justice in China, was sentenced to 13 years in prison for taking bribes of over 42.45 million yuan ($5.92 million), according to a ruling made by the Wuhu Intermediate People's Court.