2026-01-14T14:07:54Z https://njump.cloud.vinney.xyz prc30 https://njump.cloud.vinney.xyz/npub1yy3uc7y85faxy5cwq8f574yda3j9457p7r9h2ymlkwlx6lp8f4vsy4kawc https://nostr.build/i/nostr.build_fde0e9416aa1c911254317decdaa7f6f521fece1efbf395696887a394ed2b759.jpeg https://nostr.build/i/nostr.build_fde0e9416aa1c911254317decdaa7f6f521fece1efbf395696887a394ed2b759.jpeg https://njump.cloud.vinney.xyz/nevent1qqsynwesyy4sawcwwt9p55xspku26vgsg6de428smnt2hqs4lf883uszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jqsaw5w In reply to <a href='/nevent1qqsftkwycv4rux2q0jcspf5wga3ehwxs0a6tj0gf6kmvf4vwf7euz8gfvedce'>nevent1q…edce</a><br/>_________________________<br/><br/>Or perhaps this….<br/> <img src="https://blossom.primal.net/cf058149823fc4780d07534a6911e0210a9b2713047738aab904b23e55b69b6f.jpg"> 2026-07-05T08:04:17Z https://njump.cloud.vinney.xyz/nevent1qqs9dtuat6dr5nvh2f82xf85qxsfw7yck3eanz8kau82wspftma3vdszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jnu50f6 Ahhh the good ol’ days. <br/><br/> <img src="https://blossom.primal.net/1664db44f41d9441cbee1e75af87db3a64e2df7e726f40b9bf8b98fb2c4dae2d.png"> 2026-07-05T06:02:26Z https://njump.cloud.vinney.xyz/nevent1qqsgf32z7s6cdhhtnewn7t057mhwehnqmmwqvgkxrgtnf3mq6dgn7hszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j535amq Happy 250th all from Shanghai. Only flag that officially flies here. <br/><br/> <img src="https://blossom.primal.net/45325ed6eff9fc5ffac82849ab8a3d23c254c1d5ad9fa5ab2988f3f5f11c900e.jpg"> 2026-07-04T05:46:46Z https://njump.cloud.vinney.xyz/nevent1qqsyhstzgdyvvy6z7x3jug37dm98rgtwavtpztrxxh4zapvlmztkn7szyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jyvk3g2 In reply to <a href='/nevent1qqs9p2wxn0thndkyxv8w3ls5ueu83qdtaaewm6cz5urze5g9n7c5zgqwjzsxj'>nevent1q…zsxj</a><br/>_________________________<br/><br/>Very funny. Many years ago, in a previous life, I did a lot of business in Beijing. Had more erguotou (二锅头) than I care to recall. And that’s the brand with the red star. Brutal. 2026-07-04T05:45:49Z https://njump.cloud.vinney.xyz/nevent1qqswekrfw7j3zuqmslu6qttwmzfaxpkcyveu57q38tvpzm7x28me8hgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jgg9uxs In reply to <a href='/nevent1qqsxetw8uxsa5gwlw3znfd98wn5ztyrhlergtwds26h9ls9qyq0cdrch0wlsg'>nevent1q…wlsg</a><br/>_________________________<br/><br/>Dude. I love it. But it always levels me. 2026-07-03T13:57:32Z https://njump.cloud.vinney.xyz/nevent1qqsgdhx8dcyjumjqwtw2cafk2mnjaj28n4eyx5kgqgw6psjdnuszrmgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j874j97 IYKYK<br/><br/> <img src="https://blossom.primal.net/acb59d49ea54cfc7177c72ceeabb018da931f0f4adc20c31021f0c4b5c75ac5a.jpg"> 2026-07-03T11:49:16Z https://njump.cloud.vinney.xyz/nevent1qqs92nutg9m295xv4nw5k2cump9m8tvtwrxdt5r2d9w95umwnpl64jczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jc2vp5g For those of you monitoring the AI pitched battle between China and the United States, I would strongly advise watching this very short clip. <br/><br/>This is Frank Dikotter and from his comments you will find how supposed China scholars continue to dismiss outright how formidable China is as a rival. He is also a Senior Fellow at the Hoover Institute which, for me, remains a primary platform that continues to errantly downplay China’s ability to not just compete but its ability to successfully wage unconstrained warfare.<br/> <br/>The hubris and conceit that permeates throughout the American Think Tank and policy communities infuriates me to no end. China needs to be take both literally and seriously. <br/><br/><video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/5c2a7dc741eaa2dad058beaff0c444b806f6db4b32a6bdf81f55602f6805b529.mp4"></video> 2026-07-01T03:41:38Z https://njump.cloud.vinney.xyz/nevent1qqsx4ugtgrl9jjnty0el42hek3lmxju3jlh0pqhsk7w0fvcae9edeaczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j3szxw0 Let’s see if I can upload this video. <br/><br/><video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/9794cb83b35ea7da948496ca4eff937968dff9740fe0a37e544583f98868938a.mov"></video> 2026-06-30T08:43:20Z https://njump.cloud.vinney.xyz/nevent1qqsflqvy7euzxxhp03kfpyy6zk64djehcyr4cxd8th59dclafac06wczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jxmfyu7 In reply to <a href='/nevent1qqsqe7huxnmp2mhmgfy2gemr9wxe0zpvn5ywsxxqgahptcurf4vz56gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg0xztf4'>nevent1q…ztf4</a><br/>_________________________<br/><br/>Events are playing out faster than even I had anticipated here on the ground. 2026-06-29T03:42:51Z https://njump.cloud.vinney.xyz/nevent1qqsz5ky9dsl70w28cucey0dkjauk3wx8ug095umhm2luxx5l3zhp0dqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j44a3kk Gold accumulation funds are gaining traction here in Shanghai. Had a unique conversation over dinner on the weekend. Topic came up and I asked about taking physical ownership. <br/><br/>Many there said you could do so. I asked if anyone had tried to get the gold from the bank. No one had tried. <br/><br/>The next day (a Sunday I might add) several of those people went to the bank and took delivery. Then sent me the pic below on WeChat. A 10 grab bar with certification. <br/><br/><br/> <img src="https://blossom.primal.net/7a9a7e99bc08bfeaf436b1fae6bfcd128f963cfd2e99d41e75fad1861b3398ba.jpg"> 2026-06-29T03:42:13Z https://njump.cloud.vinney.xyz/nevent1qqst74urpmfasqzlm253jlpcew3nsr5rhe2esgfa9pmnnevtdhplyjszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jukda2r The weekend Shanghai breakfast lines. If you see people gathering then you know you found the right spot. <br/><br/> <img src="https://blossom.primal.net/90847733ba3a1e8b90edec4f9d3a0de627ed8d336c58a0f8d0bffdb1415f133c.jpg"> 2026-06-28T04:52:47Z https://njump.cloud.vinney.xyz/nevent1qqsqtjkdnywqn0dlycyzgx94qm6p46u9xv7kdglvkup8fp9kp6ps83qzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jgxdvpj In reply to <a href='/nevent1qqst27n7ea0v59m9vzeh07he2kz5gxmdpgl67j7clpf96fvxktfpaqgxzmwy4'>nevent1q…mwy4</a><br/>_________________________<br/><br/>You have a great day Connie. Take it all in. 2026-06-27T15:15:33Z https://njump.cloud.vinney.xyz/nevent1qqsyxe2yuq3mjgmy0up8eqlhvr7k7xxe4tgptpgscxxn4y22el8x3fqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4js5dux2 To maintain the conviction of one’s beliefs, no matter the intensity of external pressure applied, I find isn’t present in much of the world today. 2026-06-27T13:44:02Z https://njump.cloud.vinney.xyz/nevent1qqsd2l0da24dxydn3ndu4xz5qyzntru6exvurzwazl6l8y3zynda40gzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jrt8jhx Here’s a problem I have with the business media coverage of China. There’s zero ability to connect even the most obvious of dots. Granted, the reporters aren’t incentivized to do so. <br/><br/>Here we have a story of the ever increasing hoard of gold held by China. <br/><br/><a href="https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinas-gold-imports-surge-most-more-two-years">https://www.businesstimes.com.sg/companies-markets/energy-commodities/chinas-gold-imports-surge-most-more-two-years</a><br/><br/>Then earlier today the FT did a piece explaining why the RMB can’t challenge the USD. That is true as a currency but errant as a reserve asset. And yet this is the quote from that FT story. <br/><br/>“Yet for now, it lacks a fundamental aspect of what made the petrodollar so important, and remains far from threatening the US currency’s role as a reserve asset.”<br/><br/>Never is the question raised, why then is China hoarding so much gold??!! 2026-06-22T14:19:30Z https://njump.cloud.vinney.xyz/nevent1qqs0xsgj7dgdcjqyzqsfxwztd6lst2dzyk3xv5hfh0yxfzecknrrgqczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jp5gzgr Should be interesting to watch how this unfolds. Not yet deployed across the entire WeChat platform. <br/><br/><a href="https://www.investing.com/news/stock-market-news/tencent-begins-testing-ai-assistant-for-wechat-users-in-china-4751738">https://www.investing.com/news/stock-market-news/tencent-begins-testing-ai-assistant-for-wechat-users-in-china-4751738</a><br/> 2026-06-22T06:56:46Z https://njump.cloud.vinney.xyz/nevent1qqsy2lh772h8dldualm5nz8yaw5edel0trjm6qt3f9mu8zpzxzhl5tszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jyv43s9 Random pic while walking around Shanghai today. <br/><br/> <img src="https://blossom.primal.net/a57b073c7ac8ffedccc260f5cd6417769272f8f21cc9177d54f83b6001eefacf.jpg"> 2026-06-21T12:16:07Z https://njump.cloud.vinney.xyz/nevent1qqsrn70rx4jzphzdj58mha62f63s82kcz5sfzh6fyvgehv4vq3w7ptszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jdgnqcg Happy Dragon Boat Festival to all who celebrate. <br/><br/>Late lunch and fun fact. <br/><br/>Been coming here for years. Six months ago they started including English to the menu. <br/><br/> <img src="https://blossom.primal.net/0665894c54035e316fb25b676485a1df534801dfdbffc40d57366094531c6cf6.jpg"> 2026-06-19T09:44:01Z https://njump.cloud.vinney.xyz/nevent1qqsdwunpqn2qdkvzry7qtcn46gfz9nwktjfj8njpxc67jl7u96yamwqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jlt2ug9 Since I’ve been challenged with uploading videos am posting this note here. A tad long but highly relevant to the current AI discourse. <br/><br/>Also <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqs9336p4f3sctdrtft2wlqaq5upjz9azpgylhfd3dplwf005mfrr9spz3mhxue69uhkummnw3ezummcw3ezuer9wcq3qamnwvaz7tmwdaehgu3wwa5kuegrnf5lq" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>gladstein</span> (<span class="italic">nprofile…f5lq</span>)</a></span> tagging you as I believe Chinese open source models is a focus of yours. Hit me up if you want to have a conversation. <br/><br/>China Morning Missive<br/> <br/>Another DeepSeek “Moment”<br/> <br/>Well, here we are. Last week ends with Anthropic pulling Fable 5. Now, just hours ago, the Trump administration confirms that DeepSeek and dozens of other Chinese firms will not be added to the Entity List. <br/><br/>Much will be obviously made of that decision and yet this decision wasn’t even the most consequential announcement made today when it comes to the ongoing AI rivalry between American and China.<br/><br/>What could prove to be a major breach is the Microsoft announcement that it will be shifting its AI enabled assistant, Copilot, from flat-rate subscriptions to usage-based pricing. An obviously necessary move for a platform whose users were burning through compute faster than any subscription fee model could absorb. Expected. What was not expected came next: Microsoft stated that it was exploring the adoption of DeepSeek V4 to support a lower-cost option for users.<br/><br/>There was no commitment mind you, but the mere admission that a lower cost option was required and that a Chinese open source LLM was being considered defines where the AI contest between American and China now stands. Benchmark rankings among the American frontier models are no longer the primary variable in driving global adoption. <br/><br/>Price for performance is now the priority and on that measure the hyperscalers, not only their users, are adjusting behavior in real time. If Microsoft is having to reach for a Chinese open-source model to maintain adoption for its flagship assistant, the benchmark wars may have already been settled.<br/><br/>None of this should surprise anyone who watched the two countries diverge in how AI ambitions were defined. America set out to build God in a box, indifferent to the cost to meet the buildout of infrastructure or the demand for compute, so long as the markets keep funding the activity. No one asked whether a scalable product-market fit existed. No one, at least so far, has cared. <br/><br/>China set a different objective: not scalability alone but applicability and – critically – how AI could be deployed across industry to widen the manufacturing moat. What isn’t discussed enough is the degree to which China’s models have already been integrated throughout the economy. Even the decision to remain committed to an open-source strategy has delivered the competitive advantage of iterative speed. Each of the various players in China are leveraging the gains achieved by one model to advance their own model. It is for this very reason why there seems to be a new and improved Chinese LLM coming to market every single week. <br/><br/>The American obsession continues to produce models that myopically measure success through benchmarks even if their models are cash infernos with no end in sight. The Chinese discipline produces models cheap enough to support global adoption that is so attractive as to pull the attention of a leading American hyperscaler.<br/>Here, however, is the message which needs to be conveyed. <br/><br/>You cannot be a little bit pregnant, and China is winning the race for global AI adoption. American policymakers and corporate executives either take on China with serious intention or admit there is no political courage (or financial bandwidth) to do what is necessary and be done with the façade. Make no mistake, the capability to address the challenge is well within American reach. The question is whether anyone has the stomach to do what is necessary and make the hard choices. 2026-06-18T10:39:26Z https://njump.cloud.vinney.xyz/nevent1qqsgr0aj8ru5pxcflynx0hfmsdelakxah3ynlf97zdrzrkfcsvjnqmszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j80d6vt Was extremely confident that Beijing was playing a leading role in the US/Iran process ever since Islamabad was anointed as intermediary. This MOU demonstrates just how heavy a hand Beijing has played in the process and, critically, the structure of the outcome.<br/><br/>Here <br/><br/>2 — The United States of America and the Islamic Republic of Iran undertake to respect each other&#39;s sovereignty and territorial integrity, and to refrain from interfering in each other&#39;s internal affairs.<br/><br/>And here <br/><br/>14 — The final deal will be endorsed by a binding UNSC resolution 2026-06-18T01:06:36Z https://njump.cloud.vinney.xyz/nevent1qqsw9ra0v9khtvnadzve6lu2vrj74lytly8ym9gvx4pry48tgkjzz5gzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jf7t62g I give it three years before CXMT ranks nearer the top of the DRAM market. <br/><br/><a href="https://www.tomshardware.com/pc-components/ram/chinese-memory-vendors-snub-industry-giants-in-favor-of-homegrown-ram-chips-samsung-micron-and-sk-hynix-face-a-chinese-supply-chain-revolt">https://www.tomshardware.com/pc-components/ram/chinese-memory-vendors-snub-industry-giants-in-favor-of-homegrown-ram-chips-samsung-micron-and-sk-hynix-face-a-chinese-supply-chain-revolt</a> 2026-06-17T11:09:49Z https://njump.cloud.vinney.xyz/nevent1qqs2fr06pr9c0js6c26nwemhw8l8k028zar8ll0j4gvylfqu2my0uhgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jc2dyes Perhaps not directly tied to last week’s removal of Fable 5, but it is becoming increasingly clear that the performance benchmarks among the American frontier models aren’t the primary variable when it comes to broad, global AI adoption.<br/> <br/>Earlier today it was announced that Microsoft is considering Deepseek for a lower cost Copilot alternative. Then came this news here that the US government has made the decision to forgo adding Deepseek to its ever expanding “entity list”.<br/> <br/>You can’t be a little bit pregnant and American policy makers either need to take on China with serious intention or accept that there isn’t the political courage to do what is necessary and be done with the whole façade. <br/><br/><a href="https://www.cnbc.com/amp/2026/06/17/us-deepseek-blacklist-cxmt-national-security-risks-.html">https://www.cnbc.com/amp/2026/06/17/us-deepseek-blacklist-cxmt-national-security-risks-.html</a> 2026-06-17T01:31:31Z https://njump.cloud.vinney.xyz/nevent1qqs9kpdhggmtcd3z832v4482jl2jwfmn4ama9vh3th2208h4ad9mgmczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4js2jplk In reply to <a href='/nevent1qqsv4xa3ctjh8jnej0twzhqvk8kvp7de27r3uywkclyp5u3ec5jmydcjcgne8'>nevent1q…gne8</a><br/>_________________________<br/><br/>Yeah man. Struggling to get it loaded. Trying to go with the video straight up rather than a YT link. Only 6 min but having issues nonetheless. 2026-06-16T08:22:00Z https://njump.cloud.vinney.xyz/nevent1qqsp22gskcn5kudxaxfrpzmy582lcr9cz303tvzyhlmyw25m9tyxchczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jnw7q4x That didn’t take long. My vocal critique last week of “Allied Scale” is already facing its first real test and the prospect isn’t looking good at all. If an American-led coalition can’t overcome the issue of rare earths what then of the hundreds, if not thousands, of other Chinese dependencies facing the G7 nations and their collaborators? <br/><br/><a href="https://www.reuters.com/world/americas/trumps-critical-minerals-pricing-plan-faces-skeptical-g7-divided-industry-2026-06-15/">https://www.reuters.com/world/americas/trumps-critical-minerals-pricing-plan-faces-skeptical-g7-divided-industry-2026-06-15/</a><br/> 2026-06-16T02:53:39Z https://njump.cloud.vinney.xyz/nevent1qqstyxuyhq5mvsn9jhzejsd3fxpmul2ju27wlwslula4nde8cy07w9czyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jk845wm Anthropic is Dependent on China. <br/><br/>So, am trying something new here. Rather than a long winded “China Morning Missive” thought I’d convert it all into a short video. This is my first attempt. <br/><br/>Feedback, no matter how brutal, is not just welcome but desired. <br/> 2026-06-15T11:59:53Z https://njump.cloud.vinney.xyz/nevent1qqsvcv4g7u6jnmq94kz3eq5pdlw5fldwspdsxupsp57tmhfcryek0jszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j96ayhq Just noticed that I was quoted - unbeknownst to me - in this article. <br/> <img src="https://blossom.primal.net/756af702b59f5b59d8684eeafd2fcd54adeb0aa4b2173736ee67251540594ecc.jpg"> <blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqsypsfs7vfcfv68qu0z6uxlz5lzcp4jtg3av00rmqmn5c4pflvdaeguec65s" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…c65s</a></span> </div> Well, once again we have the Law of Unintended Consequences playing out for the whole world to see. <br/><br/>Zhipu surges 33% as Wall Street raises bets on China AI after Anthropic curbs <a href="https://www.cnbc.com/2026/06/15/china-ai-zhipu-minimax-artificial-intelligence-race-washington-trump-anthropic.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard">https://www.cnbc.com/2026/06/15/china-ai-zhipu-minimax-artificial-intelligence-race-washington-trump-anthropic.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard</a> </blockquote> 2026-06-15T08:31:05Z https://njump.cloud.vinney.xyz/nevent1qqsypsfs7vfcfv68qu0z6uxlz5lzcp4jtg3av00rmqmn5c4pflvdaegzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jqnetwq Well, once again we have the Law of Unintended Consequences playing out for the whole world to see. <br/><br/>Zhipu surges 33% as Wall Street raises bets on China AI after Anthropic curbs <a href="https://www.cnbc.com/2026/06/15/china-ai-zhipu-minimax-artificial-intelligence-race-washington-trump-anthropic.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard">https://www.cnbc.com/2026/06/15/china-ai-zhipu-minimax-artificial-intelligence-race-washington-trump-anthropic.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard</a> 2026-06-15T08:12:46Z https://njump.cloud.vinney.xyz/nevent1qqsdar3cuan5xh6stpzt8xct7e9w2nuwgpvmtcj03d4pmpvw0v2e02qzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j3pdhcd I’ve been asked increasingly about the usage of VPNs in China. <br/><br/>Allow me to share with you the policy in the clearest possible way. <br/><br/>What is the first rule of Fight Club? 2026-06-15T06:34:09Z https://njump.cloud.vinney.xyz/nevent1qqsqklvlkmpxd6j47fj7rpexukefk59lhuw4kstpda9rgeze94qt0rqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j5gym80 So I see that my compatriot Americas remains blissfully distracted by Bread and Circuses. You’d think that after some 2,000 years the lesson would have been learned. <br/><br/>But hey, there’s still a cage match upcoming at the White House. 2026-06-14T06:10:00Z https://njump.cloud.vinney.xyz/nevent1qqsw5kr3spzfg8rmjg8dtpcx2llvck3psdlp556a7grk4nmthq0yf4czyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j8vk005 In reply to <a href='/nevent1qqsw5zuxqc2ljllxycsq94f3nggt9f6xplqzs6ktmldgwy37gk29yjgpxfmhxue69uhkcmnzd968xtnsv9cx2unnv968xtnfduhkummnw3exxmrfv4h8gtmpwp5j7a339aex2mrp0y0g4hdn'>nevent1q…4hdn</a><br/>_________________________<br/><br/>Hahahaha right? But it is a style, Kungfu Yoga. 2026-06-14T05:10:23Z https://njump.cloud.vinney.xyz/nevent1qqstuqncr33qyu5v9rsseh0wqgf39wpssa6k6g04agcltu0ntk83pvgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jykfpuf My wife amazes me. She headlined a massive yoga event last night. Brought out her unique style. The crowd of +200 went WILD. <br/><br/><video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/018089ed47a13494e310dc7b966c356606bbfb7592c3f293ed1ce0b8b7a583cc.mp4"></video> 2026-06-14T04:32:48Z https://njump.cloud.vinney.xyz/nevent1qqsdfv6ttkvtkapwx0rl5ardz0m400ckjcwh7m3wvevuhdrheggjd0czyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jq4r64u In reply to <a href='/nevent1qqsqqqgjp0jwgdamphj08jamlknlxcnmpm29z2zh6mlcds2luyq546qpz3mhxue69uhkummnw3ezummcw3ezuer9wc0ukhe5'>nevent1q…khe5</a><br/>_________________________<br/><br/>Right?! And it’s not like the Chinese side is even trying. Zero ability to consider second and third order effects in Washington. <br/><br/>And this “deterrence” strategy goes far beyond just the Trump administration. It has been a whole of government exercise. Both sides of the aisle. 2026-06-13T10:36:39Z https://njump.cloud.vinney.xyz/nevent1qqs079zx3289rl4pxqev0sdxg29g0d94dj78zx7s8jk2ajdgvf7qt9qzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j4malz2 In reply to <a href='/nevent1qqsxlzmmhgnpxvvhr0nm9denjhg5wpf6ym2ta7hs29k4pm6chnllvxs4funfw'>nevent1q…unfw</a><br/>_________________________<br/><br/>Chinese Exclusion Act of 1882 is being dusted off. 2026-06-13T06:17:03Z https://njump.cloud.vinney.xyz/nevent1qqs05yxxewrjm8963jyqztsmgnapel8dx6qj6jqdg736c3lqrxcnaqczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jpqwghl In reply to <a href='/nevent1qqsxc0jt20xj69rz8l0cczs3puek637pmp700a0emug7xv8p8e7s5tgpzemhxue69uhky6t5vdhkjmn9wgh8xmmrd9skcfexs5t'>nevent1q…xs5t</a><br/>_________________________<br/><br/>You mean what happens to all those skilled Chinese nationals working for Anthropic and OpenAI? There’ll be a mass exodus of talent back to China. 2026-06-13T06:15:26Z https://njump.cloud.vinney.xyz/nevent1qqsxudduqh5lcwqj7g4mc9c2m73x67x7vnqqp6z0tkpamf8g9urzsgqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j78nwz0 For context. <br/><br/> <img src="https://blossom.primal.net/0173752541d7938ce956deb3a2b076c328f11e5a343484feeefd89f5bbf60c92.jpg"> <blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqsy6rff8smua3skw3n0pmns43p4s9mn4che7k4zkjkgjg37qgt4gtqek32mm" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…32mm</a></span> </div> 👀. Fable pulled due to export controls. Wild times. <br/> <img src="https://blossom.primal.net/0954bd4c1c6ab01c78eb301b8bd962b1be8cb814e1169cbeaff822169decdb92.jpg"> </blockquote> 2026-06-13T06:04:44Z https://njump.cloud.vinney.xyz/nevent1qqstj4uxu84uqf4eds29a4c0c4vtcmsucg7y77yp0u5heqkj84llg2czyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jgenkdr So on the topic of Fable 5, what happens to all the in-house Chinese engineers working that essentially built the Anthropic and OpenAI models?<br/><br/>Logic based on the government directive would mean none of those individuals would be permitted to any further work. <br/><br/><br/><br/> 2026-06-13T05:49:52Z https://njump.cloud.vinney.xyz/nevent1qqs9r8mlwmqc87l65kfjqpfrnygr28ujnjtql98h0eh7hf8cqtqglqqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j5p3chn This never gets old. <br/><br/>Have a great weekend all. <br/><video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/d48dc10e8eebee2d4287d78bcab4437246d6165bd119e09329f08ef5d0dd6c6c.mov"></video> 2026-06-12T16:07:34Z https://njump.cloud.vinney.xyz/nevent1qqsyhxhldhaqlk4pr37nk4svekzyz9vn8yjckxv9cya6468886vjlkszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jerp2yc Such steak differences. Here we have China’s approach to a nationwide AI roll out and then you have OpenAI preparing for a massive IPO and all other American groups tapping capital markets left right and center. <br/><br/><a href="https://www.msn.com/en-us/money/companies/china-prepares-295-billion-plan-to-fund-nationwide-ai-buildout-bloomberg-news-reports/ar-AA25bgKh?ocid=finance-verthp-feeds">https://www.msn.com/en-us/money/companies/china-prepares-295-billion-plan-to-fund-nationwide-ai-buildout-bloomberg-news-reports/ar-AA25bgKh?ocid=finance-verthp-feeds</a><br/> 2026-06-09T10:29:30Z https://njump.cloud.vinney.xyz/nevent1qqszg9jeg76lt3xv5yswcqsmjcqhmz8lw4al5s8s9hdxfse4w0tk6yszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j2jg7xu For those of you interested in the whole DRAM and NAND flask industries, this article below is a fantastic overview of the play being made by China’s two primary competitors. <br/><br/>And here is my favorite quote from the article. <br/><br/>“Despite such progress, analysts generally believe the immediate threat to Korean companies remains limited.”<br/><br/>Cannot tell you how many times I’ve heard others make a similar statement (different industries) only to get their heads handed to them two years later.<br/><br/><a href="https://www.koreatimes.co.kr/business/companies/20260606/chinese-memory-firms-edge-closer-to-challenging-koreas-chip-giants">https://www.koreatimes.co.kr/business/companies/20260606/chinese-memory-firms-edge-closer-to-challenging-koreas-chip-giants</a><br/> 2026-06-06T03:29:32Z https://njump.cloud.vinney.xyz/nevent1qqst5f0x3nw4a4fmwfqfqkyvuydefnqj5cf4t5d5j5rsajjtvcvns8czyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j3q4vsu “Remember remember the fifth of November.”<br/><br/>Bitcoin caps a dismal week as price wallows 50% below its all-time high <a href="https://www.cnbc.com/2026/06/05/bitcoin-dismal-week-price-below-all-time-high-crypto-investors.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard">https://www.cnbc.com/2026/06/05/bitcoin-dismal-week-price-below-all-time-high-crypto-investors.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard</a><br/><br/> 2026-06-05T12:20:05Z https://njump.cloud.vinney.xyz/nevent1qqsze4ek9vkmhrrjhp25pahtfk6a4h834xtzxr67fgsxx8s2z57s5zczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j43el4d In reply to <a href='/nevent1qqsdgqx2g7cw7qqkuhdmakuqygnwgd4jgjy7vl964mr9l5y5tpvyuaqp9fmhxue69uhhyetvv9ujumn0w3hhx6rf9emkjm30w4kkyunp94mx2un5v4uz6cnjv9mx7e57uuc'>nevent1q…7uuc</a><br/>_________________________<br/><br/>I’ll keep ‘em coming from across Shanghai. 2026-06-04T07:00:09Z https://njump.cloud.vinney.xyz/nevent1qqsry543cgttj25n902frg2lwr97q0gzpnq3rsynk4v3adl2dekg7cszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jvsy77s Saw somewhere here that more short videos were needed to build adoption. Decided to play along. <br/><br/><video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/0b4ab489e46973cd34431c8fa725a721047b3efea5eca4b4a4f4630ce823ae05.mov"></video> 2026-06-04T06:25:56Z https://njump.cloud.vinney.xyz/nevent1qqsyxzxv5p54p56gl2tfhnah5kxmzw8vmv2nnp2v2qqgazjh4qldm5czyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4ja4erx7 The definition of asymmetric soft power in action. Is it even a race anymore? Elon has to be apoplectic. <br/><br/>Unitree robots on America primetime television. <br/><br/>Basically a sponsorship on American TV. China’s ability to figure out ways to game the American system never ceases to amaze me. <br/><br/>And this comes on top of Nvidia this week picking Unitree for its “physical AI” platform. <br/><br/>Company also expected to go public on a months time. <br/><br/><a href="https://www.yahoo.com/entertainment/tv/articles/unitrees-human-dancing-robots-amaze-212421401.html">https://www.yahoo.com/entertainment/tv/articles/unitrees-human-dancing-robots-amaze-212421401.html</a><br/> 2026-06-03T23:24:58Z https://njump.cloud.vinney.xyz/nevent1qqs29rakalauz8ytxpvtehuw2zj2ahxs2afv5a7vsksdlfypv65wtqgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jrxpu3g China Morning Missive – Nvidia Pushes the Envelope<br/> <br/>Well, this is one way to square the circle. If you can’t sell your chips to China, then you might as well bring China to your chips, your most advanced chips I might add.<br/> <br/>While not the perfect analogy to make, it still came as a surprise to a great many when Nvidia announced that it would be partnering with Chinese robotics heavyweight Unitree for its “physical AI” platform. It should be noted that the company did follow up on that announcement with claims that it would also be working with robotic companies in American, Europe and South Korea. Granted, no names were provided in the revised press release.<br/> <br/>The wordsmith applied in the press release is laudable. Unitree was said to provide only the “chassis” whereas Nvidia would be providing the Jetson Thor “hardware”. I’m not entirely certain that a miniature motherboard counts as hardware in this context when your partner is literally delivering the required physical delivery platform. <br/> <br/>You’ve all heard me say this numerous times; what China did to the global EV market is no ongoing with the humanoid robotics market. This time it’ll just be faster. <br/><br/><a href="https://www.cnbc.com/amp/2026/06/01/nvidia-unitree-humanoid-robotics-system-researchers.html">https://www.cnbc.com/amp/2026/06/01/nvidia-unitree-humanoid-robotics-system-researchers.html</a><br/> 2026-06-03T01:14:02Z https://njump.cloud.vinney.xyz/nevent1qqswh52xu59qhhugcymw9kmwhf36524fthcfwprc52npjnzwq8hk8qgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jfq7mlv Robert Frost has always been right and with that these are the times when legends are born. 2026-06-02T14:14:43Z https://njump.cloud.vinney.xyz/nevent1qqspknk36dscmc4sdzn4k3ptdd98528t6pkq3tmcrdlsuyedk5d5t2gzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j7c9len In reply to <a href='/nevent1qqs0f0gj55sty84s5cgr3vhuugmmrj6jr4a7sx5kyhvwf4qd8zay8cgp99mhxue69uhhqunfd46hxtnwdaehgu339e3k7mf00f6kcafdv3ukuctddukhyctkv4hqhyame9'>nevent1q…ame9</a><br/>_________________________<br/><br/>Much appreciated. Any questions or feedback - critical or otherwise - is warmly welcomed. 2026-06-01T01:07:15Z https://njump.cloud.vinney.xyz/nevent1qqs2dt2y0wyyte78th6dfm06jdlsa8ka0rh486ncuq6azd7jzkp3hfgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jefay82 Did another long form interview last week. All things China. Covered a ton of ground and covered mostly issues that aren’t being discussed virtually anywhere else, at least that I can find.<br/><br/><a href="https://youtu.be/es1JSeTDQaE?si=FOAJmqX6FRxORU3T">https://youtu.be/es1JSeTDQaE?si=FOAJmqX6FRxORU3T</a><br/> 2026-06-01T01:00:50Z https://njump.cloud.vinney.xyz/nevent1qqsyaylqryaqvzyf5ndx5sml06k5w5xeeksvyct7k4vruymcvsxw7fqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j4kwnny Here’s a peak into the real China. <br/><br/>And I’m here to tell you that fundamentally nothing has changed in 30 years. And that’s good! <br/><br/>Good friends. Good food. And laughter. The people all over the world have far more in common than what separates us. A message that isn’t shared enough these days. <br/><br/><video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/9b89fa4a8e809bbaa0320364b692a6455b1dacc985d80dba419daaf9cb61ab88.mov"></video> 2026-05-30T11:29:04Z https://njump.cloud.vinney.xyz/nevent1qqs9lx9ce6fea6vwj2tzs63l3vajqtetmvh23da5d4sr2wjshm4590qzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jw77fyq Downtown Shanghai has truly been gentrified. Am right now about 40 min outside downtown and the food and environment has taken me back decades. <br/><br/>The food tonight I didn’t expect. It’s awesome. <br/> <img src="https://blossom.primal.net/6c6e1372206dfddc2c4220450d47676739e2799cb52b24e3d68ab591b9059947.jpg"> 2026-05-30T10:53:41Z https://njump.cloud.vinney.xyz/nevent1qqszvpv9qxwkndtul2k00fq4e5597zg6fp0gq9w35h3wcael6nl0weczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jsa0dmy This is going to be a ton of fun. Haven’t done a proper OG Chinese dinner like this in years. <br/><br/> <img src="https://blossom.primal.net/a13a9df10cb0bd47b6a5e2efa5ca5c2f33d41f9f4d448062e30c5bb5665e2e14.jpg"> 2026-05-30T10:29:15Z https://njump.cloud.vinney.xyz/nevent1qqszvy8xz9cjxnp4ce80qqasg9emdde8zzpmp26s44r6sswkt08mzngzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jqvp826 In reply to <a href='/nevent1qqst2flc53jhsuprk0zdu6fjk4p7eeccmqjte6476xxhu46ql33r0mqrevdpj'>nevent1q…vdpj</a><br/>_________________________<br/><br/>Shanghai in the French Concession actually. A beautiful part of town. 2026-05-30T06:20:16Z https://njump.cloud.vinney.xyz/nevent1qqsvk02syy0wcklassvj8u6qt8xleusp4wxhlmq378j08tufdwx94zgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j62uvts In reply to <a href='/nevent1qqsw3aavmcdlmfrkh2rvc47ctxrf6tm5l9x0zwda3vewtyq0esnryugzsl088'>nevent1q…l088</a><br/>_________________________<br/><br/>Shanghai 2026-05-30T03:19:35Z https://njump.cloud.vinney.xyz/nevent1qqsyr23320fa70knqpsu454zm6qgmtylcaas6q6y0023ejtnjk9v8mqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jtq3van Saturday morning walks here are the best. The city is quiet and at peace. <br/><br/> <img src="https://blossom.primal.net/24a441f8c6a245ac16dded132ee41275564f77889cdc3cb007e2f7f06ed68cb6.jpg"> 2026-05-30T02:45:26Z https://njump.cloud.vinney.xyz/nevent1qqsg9h49z8fjphfuj5cg5qr5lqay0dqryrgpsg5mz5pfg74gr4lvqdszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jp0v0uf CNBC interview clip from this morning here for those interested. <br/><br/>“Peter Alexander of Z-Ben Advisors discusses reports of the Shanghai Futures Exchange planning for an AI token futures market. He said it is about “burying the U.S. in electricity”. Highlighting China’s massive surge in token usage, Alexander argues that while the U.S. focuses on compute constraints, China is leveraging its vast electrical grid to scale adoption.”<br/><br/><br/><video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/46a6dc6062ba7bea4491402ff15287486a237061094d65e817665621f63f15b3.mov"></video> 2026-05-29T07:21:49Z https://njump.cloud.vinney.xyz/nevent1qqsq73vnun63jrrhdsapytj2ej5wnm3xmkwh9hcj9ck99l3fvy3y96szyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4js47ez8 Been a busy week for sure. <br/><br/> <img src="https://blossom.primal.net/89d925509ba6cc9b4c025b83078806b27238df74ce3c4ac43eb60ee3a619c9ec.png"> 2026-05-29T05:52:44Z https://njump.cloud.vinney.xyz/nevent1qqs90xxn76sjuy3zey7g5l2j5et608x08xyaa8lyjm7emkdxm9cchlczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j3j7509 China Morning Missive<br/> <br/>Well, there would appear to be a whole new battlefield in the ongoing competitive AI war between China and the United States.<br/> <br/>China is now looking to bury the American AI models via rapid global adoption and will seek to do so through the deployment of the country’s ample power generation. AI tokens are how China is approaching the fight where the American’s are still focused solely on compute and this article does a great job explaining the difference.<br/> <br/>The upper hand has to go to China given that the base layer is open source, open weight models and as Deepseek demonstrated just this week, those models are being priced at insanely low levels. This will result in quicker global adoption of Chinese models.<br/> <br/>Mind you, the Chinese models remain behind the American frontier models when it comes to efficacy. I am also well aware that AI token usage isn’t the single best metric to apply when attempting to measure adoption, but it certainly provides insight into the current direction of travel. All said, on a price-to-performance measurement, China wins – at least for now.<br/> <br/>This is the very same strategy China has deployed across countless industries in the past. Build a substitute that might be slightly lower in performance than an American offering but provide that option at a radically lower price point. This entire development also shows just how critical access to power/electricity is when pursuing a dominate position in AI. <br/><br/><a href="https://www.reuters.com/world/china/china-works-ai-token-futures-market-sources-say-race-with-us-2026-05-28/">https://www.reuters.com/world/china/china-works-ai-token-futures-market-sources-say-race-with-us-2026-05-28/</a> 2026-05-29T00:42:10Z https://njump.cloud.vinney.xyz/nevent1qqs2rep0puwmjpkmrl6y5aefrpdxpug4703j2ne3u4ckyz45xp0dlzqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j5xqu87 China never misses an opportunity. Taobao is flooded with anything you can think of branded with America’s 250th. <br/><br/><br/> <img src="https://blossom.primal.net/e197fb3d989db395ba73982f6c02f066c1315c342470fb9df8558d852b215fb5.jpg"> 2026-05-27T06:33:28Z https://njump.cloud.vinney.xyz/nevent1qqsgh65vq3punyzxjnwq0m4axefh9phpp0my3lt9w77aee2w60838jqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4ju33hj4 Short segment on CNBC. First time back on NY on a very long time. <br/><br/>Source: CNBC <a href="https://share.google/YXBCD2TUGBA3gQNON">https://share.google/YXBCD2TUGBA3gQNON</a> 2026-05-26T12:54:12Z https://njump.cloud.vinney.xyz/nevent1qqsxysdvqprqwplzpf82jv9p6gkjlg7x5hvp8fdujsr2e9ctavez09szyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j860p80 In reply to <a href='/nevent1qqsvey7skfwrdajskt6m0wkttfu0rneywd3daa03fkw3dtdk3k3amrgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgq696cy'>nevent1q…96cy</a><br/>_________________________<br/><br/>You saw that did you? Thanks. Just too short of a segment. Always a challenge to cover even one question asked in a handful of minutes. <br/><br/>Appreciate the post though. 2026-05-26T12:27:25Z https://njump.cloud.vinney.xyz/nevent1qqs8pm9g35nz5xqqq0ra7p6v6dm4a03j5wyw4lzjnn82e2wf2zn7qqgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4juxhfy0 Here’s an odd thought. <br/><br/>What percentage of all these macro geo strategy folks were even born before the fall of the Berlin Wall?<br/><br/>Not that they aren’t entitled to their opinion, just, well, the lived experience of the world in the 1980s does provide for an entirely unique lens on current events. <br/><br/>Anyway, back to my scotch. 2026-05-25T12:06:49Z https://njump.cloud.vinney.xyz/nevent1qqsv4rxkzmj5fjxgrt4cdlhp92pnfj65lca0vdjjqqkf5qu3ssnr5tczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j7g3eaq In reply to <a href='/nevent1qqsv5wvr4l39j5n2sdmaukyvprfxraez6fgr8xj5lxrkpxmq662pregpr9mhxue69uhkummn9ekx7mp0vd5hq6r9wgkh5atvw5c2qap5'>nevent1q…qap5</a><br/>_________________________<br/><br/>I’ve been around the block here in China and have become very accustomed to where certain lines are drawn in terms of public discourse. Doubly so when weighing in on the real (or imagined) motivations of the Beijing leadership. <br/><br/>Listened a bit to Jiang’s talk with Alex Jones today and he’s pushing against those lines. Rather reminiscent to the Jack Ma storyline. 2026-05-25T11:37:11Z https://njump.cloud.vinney.xyz/nevent1qqsywjxg8hz6wclvhmnzhvmg6fzg28m852g2k4gw5e38e6cusehyr4qzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jyff2rd This Prof Jiang bloke is playing the Icarus card. Wings, I suspect, are beginning to melt. <br/><br/>Or as the Chinese say 树大招风, the big tree attracts the wind. <br/><br/>Let’s see if he’s anywhere to be found in three months time. 2026-05-25T09:41:51Z https://njump.cloud.vinney.xyz/nevent1qqs9554hjequnl4ax7w7fv76sj260tr33aq79mr2xpd0ll2aekm7csqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jy2p20e China Morning Missive<br/> <br/>If you are following anything about China, you know that the topic of rare earth minerals has sucked the air out of the room for the past year. Well, let me share with you that rare earths is a complete MacGuffin. <br/><br/>Yes, access is vitally important to American industry, especially the defense sector. The focus, obsession really, on rare earths does miss the much larger issue at hand.<br/> <br/>Rare earths are but one of hundreds, probably thousands, of inputs with which American (and Europe) are dependent on China. <br/> <br/>There’s been some talk of the potential risk from China’s dominate market position in pharmaceutical APIs. The most often raised example is how 70%, perhaps more, of the active ingredients in antibiotics are sourced from China. The same holds for virtually all other medications used throughout the world with the exception of insulin and there’s a lesson to be learned there.<br/> <br/>Expect to be reading a lot more in the media about specialty chemicals in the months ahead. China already dominates the market for basic and petrochemicals and is now redoubling efforts to move up the value chain. Yet another critical layer of production inputs. <br/> <br/>These are just two examples. For me, however, the American response to all of this can best be demonstrated by an event from last week. The Department of Justice indicted four Chinese groups and six individuals for price fixing and – crucially here – restricting the supply of shipping containers. The groups in question are Chinese owned and operated and five of the six individuals are PRC nationals.<br/> <br/>I’ll leave the merits of the case to the lawyers, but what you sure as hell can’t litigate your way to solving a physical world constraint. This is Dan Wang’s entire thesis wrapped up cleanly. American lawyers versus Chinese engineers. <br/> <br/>There’s more for me to share on this topic, but let me just leave it here for now. Just know, the issue at hand isn’t as simple as “China is an unfair competitor”. There is truth to that claim, for sure, but it isn’t the core of the issue. American and Europe spent 30 years outsourcing production so corporations could improve financial results with China picking up the slack, quite willingly I might add.<br/><br/><a href="https://www.cnbc.com/amp/2026/05/20/china-shipping-companies-department-of-justice-indictment-pandemic.html">https://www.cnbc.com/amp/2026/05/20/china-shipping-companies-department-of-justice-indictment-pandemic.html</a><br/> 2026-05-25T01:14:19Z https://njump.cloud.vinney.xyz/nevent1qqsqjj27pa3gqa29uwzy6z5es3uw9mz40euqwnqkjuthltv84ynhamczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jslm3x9 In reply to <a href='/nevent1qqs0rcdet4x68j5hltfqme27kww87a0wv8245fxldyh80cqnual4uncpydmhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtmnd9jhyunp945hvmmj0yjhkvlr'>nevent1q…kvlr</a><br/>_________________________<br/><br/>That is correct. The state owns all of the land in China. 2026-05-23T13:32:15Z https://njump.cloud.vinney.xyz/nevent1qqs03mc0t9txy8yyr0uklf3vskca0xxqftprsf0u54x4xpqdgxwuungzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j06mdey Did you know that there are no property taxes in China? 2026-05-23T11:31:59Z https://njump.cloud.vinney.xyz/nevent1qqsdhw4yjfa8yfuca6zu8nysspqxwwejdtj3kp9mq7dtdl7whddt9sgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jxnqfuw In reply to <a href='/nevent1qqsput50w343sq638nh52g5cdgn6lwgnf4pahr9gs26npskh458nehclfuuny'>nevent1q…uuny</a><br/>_________________________<br/><br/>Thanks. We did very much enjoy it. 2026-05-23T09:01:17Z https://njump.cloud.vinney.xyz/nevent1qqstn94tj27mg4r5xklc5july3rt993m27mkhvxkqqc80072vm6qekczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jrdjfu6 In reply to <a href='/nevent1qqsvkgxjsscvl0mkhecha7c2d57wfatkefw7p5nexlx06p8az2kvjfsgl9x56'>nevent1q…9x56</a><br/>_________________________<br/><br/>Classic dumplings. Pork, cabbage and greens. It’s all about the broth through. 2026-05-23T09:00:46Z https://njump.cloud.vinney.xyz/nevent1qqstfuq33vh2ckfah65l8x4nf7227uqnkkjqepmffgwhg4de3xs25qgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4juatdhc Started raining. Parked our bikes for a classic’s Shanghainese (late) lunch. <br/><br/> <img src="https://blossom.primal.net/86ecbbbe5fd61172851eee29a6aab52896136d95d41274187ef18f7e42077304.jpg"> 2026-05-23T08:21:17Z https://njump.cloud.vinney.xyz/nevent1qqsqmuawgn2sl250dm80h3gu6dqkkal5dfs4araswddkhucz8r4cnlszyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jjeq4x7 There are still those times when I can return to what it was like when I first arrived in Shanghai. <br/><br/><video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://blossom.primal.net/83d774a557550e2aae61f89c6d767e12553c0c8d1abc6e9dce83f8c5c25ce963.mov"></video> 2026-05-23T07:19:19Z https://njump.cloud.vinney.xyz/nevent1qqsqas37atnjp6h7e6tmefs2zsvckktl3n6h5crpj5crpwsxnjalpqqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j4t5t0l For those affected by the ongoing supply shock in memory chips (DRAM), expect one Chinese company - CXMT - to arrive and begin to drive down prices (and devour market share). <br/><br/>A fantastic article here providing some detailed background as the company is set to IPO here in Shanghai. <br/><br/>Then will come another group - YMTC - with a core focus on SSDs. <br/><br/>If you ask me, Samsung, SK Hynix and Micron are about to face a major threat to their chips business lines. <br/><br/><a href="https://autonews.gasgoo.com/articles/news/cxmt-unveils-the-aggressive-expansion-of-domestic-memory-chips-2056381885041795073">https://autonews.gasgoo.com/articles/news/cxmt-unveils-the-aggressive-expansion-of-domestic-memory-chips-2056381885041795073</a> 2026-05-22T09:40:17Z https://njump.cloud.vinney.xyz/nevent1qqstk3d2gqhz254uc82rtfhdjzcepx3w7vzzwf49asggshsqjsecu3szyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jekzxja In reply to <a href='/nevent1qqs84ms63c8uj4l606t7vmexfrr9qllkwr46aq4vs24c78a66l2h0lcrzhwx9'>nevent1q…hwx9</a><br/>_________________________<br/><br/>You have to come back. Some significant changes to everyday life in Shanghai over the past seven years. 2026-05-22T08:53:17Z https://njump.cloud.vinney.xyz/nevent1qqs94j8gczrvaecqxvxv7wz662vavqn97rfvw9kcwx8ls0cpnwktn6szyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j7yp4dw In reply to <a href='/nevent1qqsy8qm3pmdcx78shyhmk8pw6x53cdr5m504559lzjk4nzj5j5vauag9y5zj2'>nevent1q…5zj2</a><br/>_________________________<br/><br/>Oh very true. Shenzhen I’ve been to on too many occasions to recall. Love that city. Has such an edge to it even to this day. <br/><br/>And yes. High end cars are all over the place. Just had to laugh seeing one randomly parked early in the morning. 2026-05-22T07:48:40Z https://njump.cloud.vinney.xyz/nevent1qqs0xn86rwyuefpf3rnf6nry7g9lujak7pfl7vs9wp57fja3h87vjfczyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j5ua3ga In reply to <a href='/nevent1qqsx9v0wp7nhs3p4wtmq5vmqnnganzqhy33ssw6anf3ydukj8luetcgprpmhxue69uhhyetvv9ujuurjd9kkzmpwdejhgteqlhpq5u'>nevent1q…pq5u</a><br/>_________________________<br/><br/>More evidence that the Chinese people I speak with are correct when they laugh anytime an American says “but we have freedom and aren’t surveilled by the government”. 2026-05-22T02:57:30Z https://njump.cloud.vinney.xyz/nevent1qqsxgx0p5gytdhqc0eqp2pclaaxs2n6e0mlj0te0ux0j7altksq430gzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jwwrffu China Morning Missive<br/> <br/>Need to get back to doing these more regularly. Just far too much on the docket of late. Need to prioritize more China commentary moving forward. <br/> <br/>For today, I wanted to share a few comments on reports that the UAE is driving hard with the construction of the West-East pipeline which will fully circumvent the Hormuz chock point. <br/> <br/>The UAE leadership has been touting the project and in the past day stated that construction is now 50% completed and will go into full production beginning in 2027. <br/> <br/>What isn’t raised in the media coverage or even from the UAE comments is that the Chinese are the primary contractor for the project as (tangentially) part of the Belt and Road initiative.<br/> <br/>In contrast, there were also reports in the past several days of the British government revising its plans for the High Speed Phase 2 rail line meant to traverse the entirety of England. First introduced in 2009, the project was meant to be completed by 2026 at a cost of 36 billion pounds. Now, the project is expected to cost over 100 billion pounds and won’t be operational until 2040.<br/> <br/>All developed nations, with perhaps the exception of Japan, no longer have the capabilities to build infrastructure. This will prove to be a critical issue especially for those countries that are calling for a new re-industrial age. <br/><br/><a href="https://www.cnbc.com/amp/2026/05/20/uae-pipeline-strait-hormuz-iran-war-oil.html">https://www.cnbc.com/amp/2026/05/20/uae-pipeline-strait-hormuz-iran-war-oil.html</a> 2026-05-22T01:53:59Z https://njump.cloud.vinney.xyz/nevent1qqswcrn8f26sq2vnyuwjn07v5xj59xphs9ynvgtmfx8lvf5d59xztngzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jk8dpef Good morning from Shanghai. <br/><br/>Always makes me laugh a bit when seeing a car such as this randomly while out for a morning stroll. <br/><br/><br/> <img src="https://blossom.primal.net/5b55668273f983f34a14d5a4b806be4025ff7cd45109dbf3faf14023e0a20f58.jpg"> 2026-05-22T00:30:32Z https://njump.cloud.vinney.xyz/nevent1qqsdjlekl8t08ef8y4wcazs88xqet2kceyywsn0gl8dwzh4pk0tdlvqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jwncp5u It was bound to happen. After being ignored for the better part of a decade, the business media has finally “discovered” China’s alternative to SWIFT. <br/><br/>Not a replacement. An alternative and one that operates completely outside the prying eyes of the New York correspondent bank network. <br/><br/>Highly recommend reading this article which, I should add, is actually from the Financial Times. <br/><br/><a href="https://www.dimsumdaily.hk/renminbi-use-surges-as-iran-war-boosts-cips-yuan-nears-three%E2%80%91year-high/">https://www.dimsumdaily.hk/renminbi-use-surges-as-iran-war-boosts-cips-yuan-nears-three%E2%80%91year-high/</a><br/> 2026-05-21T11:00:54Z https://njump.cloud.vinney.xyz/nevent1qqsxzqhu2h69r5y9wl2tcq59rhuja4khdjxrn6fg5cdpg6renrrkuqgzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4jmqtrqw Small little joy of life. A banger of a yakitori place just across from our apartment. <br/><br/> <img src="https://blossom.primal.net/ef1b4826d9b709fc25120d4c4dae611652296d3c0d205013688578c06b49339d.jpg"> 2026-05-17T13:14:16Z https://njump.cloud.vinney.xyz/nevent1qqstvm9mdh0wewl2lwcn8jtt4yyrvhkhtjv409hh8kwzzqxfwsexxgqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j4ngy9h In reply to <a href='/nevent1qqsxwdu38c9d62jszj7czhpk84k27l7c6safwg3un3la84h8ked039cp99mhxue69uhhyetvv9ujuem4d36kwatvw5hx6mm99askcurgvykkk6tvdukk7umrv9eqpt5r5s'>nevent1q…5r5s</a><br/>_________________________<br/><br/>Literally has the same disk last night. 2026-05-16T10:31:49Z https://njump.cloud.vinney.xyz/nevent1qqsfwd3c4fvqe26z3u7fcu00xgfqe6eq5xuuk23wsrm0k3ty2qm4uqqzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j2tzxd6 Quick note. If the nexus to any talks is Islamabad then know that there are Chinese fingerprints all over that decision. <br/><br/>And given recent reports of Wang Yi, China’s Foreign Minister, reaching out to Tehran that makes the movement now being discussed all the more credible. <br/><br/><a href="https://www.yahoo.com/news/articles/pakistan-positioning-itself-intermediary-us-184439678.html">https://www.yahoo.com/news/articles/pakistan-positioning-itself-intermediary-us-184439678.html</a> 2026-03-25T03:00:50Z https://njump.cloud.vinney.xyz/nevent1qqsq9hhqhjv4wh9nx3nuq8qkfs0hn4uv98nf2v9l9ez4nvslcy93r5gzyqsj8nrcs7385cjnpcqaxn653hkxgkknc8cvkagn07emumtuyax4j0g5a06 Here is a perfect example of why you need to tread carefully anytime there’s a flurry of commentary discussing China. <br/> <br/>Be it Beijing’s motivations, or the supposed fact that – somehow – action taken by the United States in the Middle East has provided for escalatory leverage. It may sound like a cliche, but you must know that the Chinese are playing multiple steps ahead of Washington.<br/> <br/>Perhaps some unsolicited advice. The next time you stumble across an individual weighing in on the China debate, simply ask that individual when was the last time they were in country. It’s all noise when it comes to the arm chair macro tourists and armchair geopolitical theorists. <br/><br/><a href="https://www.bloomberg.com/news/articles/2026-03-05/china-tells-top-refiners-to-suspend-diesel-and-gasoline-exports">https://www.bloomberg.com/news/articles/2026-03-05/china-tells-top-refiners-to-suspend-diesel-and-gasoline-exports</a><br/> 2026-03-05T06:13:18Z