Sharp China: Party Building and Xi's Dominance; Memory Chips and ASML Accusations; Germany's Puzzling Push for Plaza Accords

Sharp China: Party Building and Xi's Dominance; Memory Chips and ASML Accusations; Germany's Puzzling Push for Plaza Accords

June 24, 2026 · 14 min

About this episode

The episode discusses Xi Jinping's power consolidation, U.S. restrictions on Chinese firms, and the global memory chip shortage.

This is a free preview of a paid episode. To hear more, visit sinocism.com Show Notes: On today’s show Andrew and Bill begin with Xi Jinping Thought on Party Building and further signs that one year after from a summer of rumors and one year out from the 21st Party Congress, Xi’s power remains entrenched as ever. Then: MOFCOM and the Ministry of Finance announced restrictions on several dozen US firms, the global memory chip shortage is an opportunity for CXMT and YMTC, what to make of the U.S. government's scrutiny of ASML, and Elon Musk's alarmism at the West’s China vulnerabilities. At the end: Takeaways from the EU Council meeting on China, Germany's push for PRC currency revaluation, structural forces that yield EU inertia, and emails on Chinese soccer, space warfare, and the JIm Cramer of weather. Related Readings: Li Qiang inspects Dalian; Response to US expansion of China military companies list; Contaminated diapers; No “Plaza Accord” to help the EU; Invest in China -- Sinocism Introduction to the Main Entries in Volumes One and Two of the Selected Works of Xi Jinping on Party Building -- Sinocism Translation Xi Jinping’s Thought on Party Building and the Four Major…

People in this episode

Host: Bill Bishop

Guest: Andrew

Topics covered

Keywords

Mentioned in this episode

Organizations: MOFCOM, Ministry of Finance, ASML, EU Council, CXMT, YMTC, PRC, Sinocism

Books & works: Xi Jinping Thought on Party Building, Selected Works of Xi Jinping on Party Building

Places: Germany, China, U.S., EU

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