Oh, Hail Competition! Space Station, Chip Shopping Spree, Outward Direct Investment, Shenzhen Real estate, EU Semiconductor Coalition: A Weekend Newsletter

Intelligence and Insights on China's government actions, foreign policy, economy, and the capital markets.

A Letter from the Editor:

President Biden declared in Congress this week: the US is locked in a competition with China to win the 21st century. Throughout history, kings, sovereigns, Popes, presidents, all mortals who desire immortality, have sung one line from Homer’s epic: “let me …do some great thing that shall be told among men hereafter.” 

The fir…