EP25. Xi met CEOs, foreign businesses in China, EVs, boosting income

Hi everyone, welcome to another collaboration episode between Pekingnology and Baiguan.

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Summary

[00:52] Xi met global CEOs

[04:25] What’s more serious for foreign businesses in China, organic domestic competition or the alleged policy discrimination?

[10:00] Some Western firms (such as top consulting firms) are facing pressure at home to do business with China

[12:06] There is also discrimination against local businesses, benefiting the foreign businesses.

[15:22] Bo’ao and the discussion to increase pension payments for farmers

[21:12] Trump's tariffs on all auto imports and their indirect impact on China

[25:20] SOE automaker consolidation policy, as a counter-argument against the idea that China’s EV sector was successful mainly because of government support

[27:48] The US is doing it wrong when it comes to supporting its own auto industry

[30:57] IShowSpeed

[36:23] A great book by Zhou Bo, a former Senior Colonel of the PLA, making a case for peace and for China to get rid of the mindset of victimhood.

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