(Preview) The Arrest of Linda Sun; Overcapacity and Mounting Deflation Concerns; A New Role for Qin Gang; Rock Bottom for PRC Men's Soccer

Sharp China with Bill Bishop

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Bill Bishop is the author of Sinocism

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On today's show Andrew and Bill begin with reactions to last week's arrest of Linda Sun, a former deputy chief of staff to governor Kathy Hochul. Topics include: The allegations contained in the Department of Justice indictment of Sun and her husband, the PRC efforts to influence local government officials around the world, the status of New York Consul General Huang Ping, and a report on the suppression of dissidents during Xi's APEC visit in November. From there: Updates on the overcapacity concerns around the world, a Bloomberg story on a $6.5 trillion stock rout, and reactions to a thoughtful Substack post on deleveraging efforts and deflation concerns in the midst of recent turmoil. At the end: An update on Qin Gang that may or may not resolve lingering questions, and a new rock bottom for the PRC men's soccer team.

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Xi at Education conference; US accuses PRC of more help for Russia's "war machine"; Deflation; Raising retirement age — Sinocism

Qin Gang's new job?; US business advisory for Hong Kong; Yi Gang on deflation; Xi on education — Sinocism

The Secrets of an Unassuming N.Y. Official Accused of Working for China — New York Times

A top Chinese official in NY is on the outs over the Linda Sun case. Or is he? — Gothamist

Linda Sun Indictment — United States District Court

Find the Cost of Interference — China Articles

Key takeaways from AP’s report on China’s influence in Utah — AP

How China extended its repression into an American city — Washington Post

Why China Is Starting a New Trade War — Wall Street Journal

There’s a China-Shaped Hole in the Global Economy — Wall Street Journal

China trade war ‘maybe unavoidable’, EU’s top diplomat Josep Borrell warns — SCMP

The Downdraft — A Letter from Paul

China’s $6.5 Trillion Stock Rout Worsens Economic Peril for Xi — Bloomberg

China’s Deflationary Spiral Is Now Entering Dangerous New Stage — Bloomberg

The real problem with China’s economy — The Economist

China Should Fight Deflationary Pressure Now, Ex-PBOC Chief Says — Bloomberg

Chinese Localities Adopt ‘Sell Everything to Save the Day’ Policy to Ease Debt — Caixin

China’s ‘disappeared’ foreign minister demoted to low-level publishing job, say former U.S. officials — Washington Post

What China’s Property Gloom and Soccer Fiasco Have in Common — Wall Street Journal

China Football Association bans 43 after corruption probe — ESPN