Charts This Week #1 & Publishing Update
Charts and links about China
Publishing update: After a long reflective break, we decided to reorient RCC into another direction. We will be moving away from the China niche, against all good newsletter business sense!
Reason #1. We no longer wish to paddle upstream. Writing about China’s economy is sensitive stuff. We are anonymous on this newsletter because we wanted to be straightforward with our thoughts. Still, we had difficulty doing this—finding ourselves hedging or reframing negative comments and views. It’s not easy writing about China—no matter how objective one tries to be, there’s just too big of a narrative gap between China and the primarily English speaking world (the one we write for).
Reason #2. We are investors in our daily life. We mainly research companies and occasionally dip into macro themes. While it’s been fun, RCC has become too big on macro and geopolitics. So we will be launching a separate column or ‘stack that focuses on investing and individual companies.
What’s going to happen to RCC? We will continue to share charts with light commentary either weekly, bi-weekly or monthly. We will stop with the longer opinion pieces.
We will lower the monthly/annual fees and double anyone’s remaining subscription to make up for those who paid up for the annual sub.
Charts This Week #1
"The crackdown is dead. Long live the crackdown."
A play on the famous phrase as we often see hopeful (bullish?) comments that crackdowns are done.
Key industries of focus: finance, energy, pharmaceutical and infrastructure sectors, as well as state-owned enterprises.
Still, officials risk destabilizing entire sectors if they move too suddenly, said Dominic Chiu, senior analyst at Eurasia Group. “Authorities will have to carry out their campaigns delicately to not introduce too much uncertainty at a time when confidence-building is crucial for the economy,” he said.1
Trade between Europe and China impacted by Red Sea risks
Evidenced by container rates jumping.