Inside China / Business

We were wrong about DeepSeek. Now Chinese AI companies export trillions of AI tokens. open.substack.com/pub/kdwalmsley…

The simple math: why even small construction companies buy materials directly from Chinese factories. Should you? open.substack.com/pub/kdwalmsley…

China's "underground carrier" goes deep to find vast new reserves of critical minerals open.substack.com/pub/kdwalmsley…

Russia and China were quietly taking over helium markets. Then Iran blew them up for everyone else. open.substack.com/pub/kdwalmsley…

Not even the World Cup can save the American travel industry, as China takes over top spot open.substack.com/pub/kdwalmsley…

How Pandas are driving countries and companies to ditch the dollar open.substack.com/pub/kdwalmsley…

China's export curbs: a disaster for Japan, a boon for the Trump family open.substack.com/pub/kdwalmsley…

DARPA needs new powerful batteries for the Department of War. But China just built them. open.substack.com/pub/kdwalmsley…

Iran and China blew up the petrodollar system open.substack.com/pub/kdwalmsley…

China's dilemma: help the Pentagon build jets and radars? Or win the 6G race? open.substack.com/pub/kdwalmsley…

$500 million an hour: Total failure of China tariffs, trade wars, and tech bans open.substack.com/pub/kdwalmsley…

The world is addicted to cheap Chinese drugs open.substack.com/pub/kdwalmsley…

The world already had a big plane problem. The war on Iran made it much worse. open.substack.com/pub/kdwalmsley…

Offshore oil is booming. So are the Chinese companies that make the equipment for it. open.substack.com/pub/kdwalmsley…

China has a rubber problem. So do China's elephants. open.substack.com/pub/kdwalmsley…

The Iran War has destroyed fertilizer markets and farmers everywhere, almost open.substack.com/pub/kdwalmsley…

US missiles blown up in Iran and Israel will never be replaced open.substack.com/pub/kdwalmsley…

Why is China buying Europe's zombie factories? open.substack.com/pub/kdwalmsley…

China took over another $5 trillion industry, and Europe is moving money and jobs open.substack.com/pub/kdwalmsley…

China builds underwater AI data centers at less than half price open.substack.com/pub/kdwalmsley…