Graham Allison

6/ *As part of an effort to improve our understanding of China, I will continue to offer another “Believe It or Not” about China each week. Readers are invited to send along candidates for the list.

5/ Investors should take President Xi seriously when he says: “houses are for living in, not speculation.” Chinese policy is attempting to deflate the bubble in ways that create more affordable housing—while citizens suffer dramatic loses in their retirement savings. The impact of this on consumer confidence has been huge. Moreover, it remains unclear when this process will end.

1/ China Challenge: Believe It or Not* China’s Property Market

8/ See The New York Times’s full list below.

7/ Apple.

1/ The Stand-Out Stocks Of The Century

4/ How many more Australians see China as an economic partner than as a security threat? Answer: 61%

3/ What percent of Australians trust the US to act responsibly in the world? Answer: 31%—only 3% more than trust China to act responsibly.

1/ Three key questions from last months Lowy Institute poll on Australian public opinion. poll.lowyinstitute.org

3/ For those who want more, the press release includes a link to a video of the hour-long session I participated in.

2/ For reasons why and likely consequences, see the World Economic Forum’s (@wef) press release from this week’s Summer Davos in Dalian, China. weforum.org/stories/2026/0…

1/ The fiercest Thucydidean Rivalry in history.