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Peking Playbook

Zichen Wang
Peking Playbook
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  • Tariff, preconditions to talk, Jensen Huang's China visit, Xi in Southeast Asia
    Hello! Welcome to the 9th episode of the podcast “Peking Playbook,” featuring me (Zichen Wang), Robert Wu of Baiguan and China Translated substacks, and Johnny Zou of East8. [00:41] Robert’s experience of publishing a guest essay on the New York Times discussing China’s resolve in the trade war.[06:32] Significance of China halting Boeing deliveries[8:08] Jensen Huang’s China visit: Is it a slap on Trump’s face, or could the Nvidia be some sort of “go-between”?[17:13] Bloomberg’s scoop about China’s willingness to talk, with certain preconditions. How to take it?[19:14] Reshuffling of top China’s trade negotiator at MOFCOM: what does it mean?[21:00] The end of Chinese law enforcement’s domestic “high-sea fishing”?[29:05] Xi’s Southeast Asia visitThe episode was recorded around 9:30 am ET, Saturday, April 19, 2025. At the time of recording, I’m in Princeton, New Jersey.Robert Wu’s guest essay in The New York Times: Trump Has Botched His Tariff War With China This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.pekingnology.com
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  • Hu Bo on South China Sea and U.S. military activities in 2024
    Many China-focused English-language podcasts are online, mostly run by Western institutions and individuals. Some have tried hard to include Chinese mainland guests in their conversations. I applaud their efforts. For various reasons, their success is uneven. I guess—or I’d like to believe—I may be in a better position to bring some Chinese voices to a global audience, so let me have a try—starting with today’s guest, Hu Bo, Research Professor and Director of the Centre for Maritime Strategy Studies of Peking University. Professor Hu is perhaps better known as the Director of the South China Sea Strategic Situation Probing Initiative (SCSPI), which has established itself as the most internationally well-known Chinese hub for data-based research on the crucial topic of the South China Sea.In my opinion, the SCSPI stands out for publishing data-informed reports, unlike many in China churning out, basically, opinion pieces. Among its recent work is An Incomplete Report on US Military Activities in the South China Sea in 2024, which we talk about in this podcast. I’m glad Hu Bo is willing to shed more light on the SCSPI, for example, where it sources its data and how its research reports are authored. In the last 1/3 of the podcast, Hu Bo also laid out China's policy and thinking toward the Philippines and other South China Sea claimants, correcting some of my misconceptions about how and why Beijing does or does not do certain things.I have no experience producing podcasts, and as usual, this is an attempt with no funding or support from anyone. So please forgive me if I don’t sound like Kaiser Kuo on Sinica or if the production quality is terrible - there are some instances where the sound is just awful. And one of my rookie mistakes is that throughout the podcast, I mispronounced South China Sea Strategic Situation Probing Initiative (SCSPI) for South China Sea Probing Institute, which is inexcusable. Let me thank Yuxuan JIA for the post-recording production and Adobe Podcast for its fabulous Enhance Speech. They are lifesavers. Please subscribe to Peking Playbook on your favorite podcast platforms, be it Apple Podcast, Spotify, or something else.[2:45] Hu Bo introduces South China Sea Probing Initiative (SCSPI)[5:50] Hu Bo on the sources of SCSPI data[8:50] Hu Bo on the annual Incomplete Report on US Military Activities in the South China Sea [15:45] Hu Bo clarifies my mischaracterization of the Chinese official attitude against the U.S. reconnaissance activities in the South China Sea[20:20] Hu Bo talks about the U.S. military’s Island-intrusive FONOPs and Taiwan Strait Transits[24:00] Hu Bo on the Continuously Boosted Joint Operations with Allies[29:00] Hu Bo on the China-Philippines standoff in the South China Sea [31:15] Hu Bo emphasizes that the Nine-Dash Line is not China’s legal base to claim territorial waters[35:50] Hu Bo on the dispute between China and the Philippines[40:05] Hu Bo on the Second Thomas Shoal This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.pekingnology.com
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  • Trump's Tariff on China 20250413
    Hello! Welcome to the 8th episode of the podcast “Peking Playbook,” featuring me (Zichen Wang), Robert Wu of Baiguan and China Translated substacks, and Johnny Zou of East8. [3:30] Did Trump plan for all of this? [12:42] Optimism about China-EU relationship [21:06] Pessimism about China-EU relationship [23:10] Will China see Trump’s sexemption for consumer electronics as a chance to soften its stance? [27:13] Who in the Trump team can actually call the Chinese side now? [30:31] The hope for China’s domestic demand stimulation[35:11] What’s the right policy to boost domestic demand? [39:58] Where does the money to boost domestic demand come from? [47:01] Are Chinese assets in the US in danger of confiscation?The episode was recorded on night of Saturday, April 12, ET. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.pekingnology.com
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  • Beijing will not back down, I told Foreign Policy Research Institute audience
    On Monday, April 7, I was invited to the Foreign Policy Research Institute (FPRI), a 70-year-old nonpartisan think tank, to talk in front of an audience with Neysun A. Mahboubi, a Non-Resident Senior Fellow with the FPRI Asia Program as well as Director of the Penn Project on the Future of US-China Relations at the University of Pennsylvania.The title of the program A Grand Bargain Between the US and China? was finalized less than a month ago, and I was called in at the 11th hour to take the stage. In the hour-long program, which also includes Q&A with the audience, we instead had to talk about the ongoing tariff war. The FPRI posted the videotaped event on YouTube and generously allowed me to extract the audio and post it as a podcast. Adobe Podcast’s Enhance Speech was used to improve the sound quality in the process.Basically, I shared my observation that the Chinese response to Washington’s bullying was not at all unexpected and that Beijing would not back down from the extreme pressure. At the time of this post, President Donald Trump raised the tariff on Chinese imports to 125% on Wednesday, hours after China boosted the duty on American goods to 84%. He also hit pause on the trade war with other countries for 90 days, levying only 10% surcharge in tariffs on them. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.pekingnology.com
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  • Peking Playbook Unscripted 20250406
    Hello! Welcome to the 7th episode of the podcast “Peking Playbook,” mainly featuring me (Zichen Wang) and Robert Wu of Baiguan and China Translated substacks, just talking about recent news. Today, we have Johnny Zou of East8 join us as well. Johnny was with us on the January 28 episode.In the following 43-minute conversation recorded on Sunday morning ET, April 6, 2025, we talked about:[00:46] Tariff, first impressions[09:46] Is the US underestimating China?[15:00] How would countries from Japan to Vietnam respond?[22:44] Will China have closer integration with the rest of the world or more trade friction?[29:27] Investment strategy post-”Liberation Day”[35:48] How will this affect China’s domestic demand[40:02] Zichen: shoutout to a Pekingnology piece on some science reporting in SCMP[40:54] Johnny: We shouldn’t ignore RCEP, which could be important for this tariff war This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.pekingnology.com
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On China, by Zichen Wang. www.pekingnology.com
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