Sharp China: Animal Spirits and Xi Bull Market 2.0; Plans for the Property Sector; US-China Updates; Xi and the Succession Question

This episode of Sharp China is free for everyone.Show Notes: On today's show Andrew and Bill begin with revived animal spirits and the market response to the stimulus measures emerging from Beijing. Topics include: The September Politburo meeting as a sign of the government's commitment, why the capital markets may be a security priority for Xi, what might have motivated the sudden policy shift at the top, and parallels to the market responses in 2014. From there: The property sector and the multi-layered problem policymakers are attempting to solve, Blinken meets with Wang Yi in New York but still no word on a phone call between President Biden and Xi Jinping, a PRC nuclear submarine sinks, and a question about succession in the event of Xi's passing.To subscribe to Sinocism, click here.To subscribe to Stratechery, click here.Click here for instructions to add the podcast to your preferred player. You can also listen to it in the Substack app, which has its own podcast player:Related Readings:Xi bull market 2.0?; More support for real estate; Wang Yi meets Blinken -- Sinocism September Politburo Meeting to Analyze and Study Current Economic Situation and Economic Work; Investors PumpedMore special bonds for fiscal stimulus?; Stock market surge; Water-filled submarine; MSS mad at New Zealand; Raising money by detaining private entrepreneurs -- Sinocism China stocks surge in biggest single-day rally since 2008 on stimulus cheer -- Reuters And Just Like That, China Did a Policy U-Turn (Again) -- WSJ China’s Housing Glut Collides With Its Shrinking Population -- WSJ Secretary Blinken’s Meeting with People’s Republic of China (PRC) Director of the CCP Central Foreign Affairs Commission and Foreign Minister Wang Yi -- U.S. Department of State China’s Newest Nuclear Submarine Sank, Setting Back Its Military Modernization -- WSJ China concealed sinking of newest nuclear submarine, U.S. says -- Nikkei Asia Xi Jinping’s Succession Dilemma -- Asia Society To add the Sharp China feed to your preferred podcast player:Click on the "listen on" button and you will see a dropdown with several options. Make sure you are logged into your account when you do it so you get the correct private RSS feed for subscribers. If you have not logged in for a while you can enter your email and then we will send you a login link.The “email link” in the pulldown shown above will send you an email that also makes it easy to set it up in your preferred podcast app on your phone.If you use the Substack app it has a built- in podcast player.Thanks for listening. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit sinocism.com/subscribe