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Xi supports SOEs and private firms, Self-reliance; Trump-Xi bromance broken?; Allegations of PRC meddling in US elections; quest for EV dominance; Xinjiang

Xi supports SOEs and private firms, Self-reliance; Trump-Xi bromance broken?; Allegations of PRC meddling in US elections; quest for EV dominance; Xinjiang

Bill Bishop
Sep 27, 2018
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Sinocism
Sinocism
Xi supports SOEs and private firms, Self-reliance; Trump-Xi bromance broken?; Allegations of PRC meddling in US elections; quest for EV dominance; Xinjiang
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Apologies for the late newsletter, like much of America I have been riveted by the Kavanaugh-Ford hearings. 

Today's important China-related developments include:

  • On the third day of his Dongbei tour Xi stressed the importance of and support for both SOEs and private enterprises;

  • President Trump has said he and Xi may not be friends anymore;

  • Trump's charges of Chinese interference in US elections look to be part of the rollout of a broader public campaign against Chinese activities that target US interests;

  • China's role as key supplier in American's opioid crisis is getting more media and Congressional attention;

  • The propaganda system is pushing the “six stabilities” – employment, finance, foreign trade, foreign investment, investment, expectations (六稳 – 就业,金融,外贸,外资,投资,预期) – to stabilize society in the face of the trade war.

Yesterday's "Essential Eight" included the Global Times story New CPC rules to expel members who express support for bourgeois liberalization online. I should have noted…

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