New analysis from CBO of the "Big Beautiful Bill" shows the bottom 20% get poorer, not much change for most of America, & the top 10% get meaningfully richer - and that's before tariffs It was the largest transfer of wealth from the poor to the rich in a single law in history

China accuses US of lies as ‘pretext for seeking control’ of Panama Canal scmp.com/news/china/dip…

“It’s not banned but has kind of become a politically incorrect thing to do.” What fun in a G2 world. on.ft.com/4mFrito Beijing demands Chinese tech giants justify purchases of Nvidia’s H20 chips

reuters.com/world/china/tr… wilder still. What’s next?

podcasts.apple.com/us/podcast/mus… very timely content

China’s Ganfeng to develop major lithium project in Argentina with Swiss partner scmp.com/news/china/mon… Explore our updated app & enjoy a 7-day free trial. New users only. Download now: scmp.onelink.me/3586748601/dnw…

Change of direction?

Far more interesting

It's been over six months since DeepSeek launched R1, and the world is still waiting for its successor model from China's AI darling. In the meantime, many developers have shifted to Alibaba's Qwen3 series, which adapted many of R1's core ideas but made it easier and cheaper to

Chinese mega dam stops using Western industrial chips over security concerns Shift from Siemens and Schneider reflects concerns over industrial control system vulnerabilities, including computer worms like Stuxnet sc.mp/cg4m4?utm_sour… via @scmpnews

Xi’s Feb speech to private firms is finally published—and it confirms everything I predicted before the meeting: Private firms must fully align with China’s strategic competition vs the US.

ft.com/content/ee7caa… taxing

ESG In Vietnam’s Global Supply Chains: Burden And Opportunity For Suppliers. conventuslaw.com/featured-conte…

asia.nikkei.com/spotlight/belt… pourquoi pas

China reportedly blocked access to all foreign websites today from 0:34 a.m. to 1:38 a.m. Beijing time by shutting down all external port 443 connections. Preparation for something big?

Bessent: self-sufficiency in chips, pharmaceuticals, steel, and rare earths is a top priority for the Administration. Self-sufficiency in chips? What does that even mean? ...Taiwan presents a single point of failure for the global economy: “99% of the advanced chips in the world

scmp.com/news/us/diplom… list of lists

scmp.com/economy/china-… and we’re going the opposite way. Good work USG.

Trump’s Tactics Mean Many International Students Won’t Make It to Campus -- Anemona Hartocollis The New York Times nytimes.com/2025/08/20/us/…

The National Weather Service has issued a Heat Advisory that includes the Los Gatos area from Thursday, August 21 at 10:00 a.m. through Saturday, August 23 at 9:00 p.m. Temperatures are forecast in the 90s up to 100°. For more information, please visit preparescc.org/heatsafety.