This week on Sinica, Kaiser and Jeremy welcome Lizzi Lee (李其 Lǐ Qi), SupChina contributor and host of the excellent Chinese-language YouTube channel Wall Street Today, and Jude Blanchette, Freeman Chair at the Center for Strategic and International Studies (CSIS), to talk about the spate of regulatory actions, new rules, and Party-led initiatives that, taken together, we at SupChina have started calling the “Red New Deal.” Can these be understood as different facets of a larger, overarching program to remake China’s economy and society? Or are they better understood as distinct moves by different bureaucracies within the Party-state that happen to coincide in time? Listen in as we try to sort through what it all means.11:42 - Lizzi’s contrarian take on whether the new regulation adds up to something bigger15:00 - The logic of the political calendar in China22:56 - What did the response to the Li Guangman viral post mean?33:14 - Kevin Rudd’s take on what it all means – the “red thread”43:32 - No, this isn’t the Cultural Revolution53:00 - Is this a return to true communism?57:34 - Is Xi Jinping China’s biggest tiger mom?A transcript of this interview is available on SupChina.com.RecommendationsJeremy: NüVoices Podcast: Barabara Demick on Eat the Buddha, the final NüVoices episode on SupChina; and the Vice video on YouTube, How China's Queer Youth Built An Underground Ballroom Scene.Lizzi: Desmond Shum’s book Red Roulette: An Insider's Story of Wealth, Power, Corruption, and Vengeance in Today's China.Jude: The New Class: An Analysis of the Communist System by Milovan Djilas.Kaiser: Shutdown: How COVID Shook the World Economy by Adam Tooze; Reservation Dogs (TV show from FX).See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Chang-Tai Hsieh, Damien Ma, and Lizzi Lee discuss the state of the Chinese economy, the real estate sector's role in the crisis, management during times of crisis, a potential debt crisis in China, and the right US policy towards China.