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The Chinafornia Newsletter 5.10.17 - Apple's China Problem

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Welcome to the 24th edition of The Chinafornia Newsletter, your weekly digest of news connecting the
 
May 10 · Issue #24 · View online
Matt Sheehan's Newsletter
Welcome to the 24th edition of The Chinafornia Newsletter, your weekly digest of news connecting the Golden State and the Middle Kingdom.
This week we welcome a big batch of new readers thanks to the kind recommendation of Bill Bishop on the excellent Sinica Podcast. For new subscribers: each week I’ll be linking to and commenting on the top news connecting China and California across tech, film, real estate, immigrant communities and much more. At the bottom I include one Culture Corner: a nugget of China-related culture that I dig.
Gmail users: if this email ends up in your “promotions” folder, simply drag it to “primary” and click “yes” to the “Do this for future messages?”
Onto the newsletter: This week I have a new piece contributing to a US-China series on RealClearWorld: “Welcome to Chinafornia: the Future of U.S.-China Relations”. This piece is the clearest distillation I’ve done of the Chinafornia thesis: California’s unique role in bringing US-China relations down from great power politics and into our schools, neighborhoods, and businesses. That transformation creates new opportunities for much-needed funding, but also multiplies points of friction. Channeling these new infusions of Chinese money and talent toward benefiting ordinary Americans is the key task going forward.
This week’s other Chinafornia must-reads:
1. Apple’s China Problem - Stratechery by Ben Thompson
2. Christine Lu’s Tweet Storm on EB-5 - interesting take after the Kushner controversy. I give my commentary in the Real Estate section below.
The Chinafornia Newsletter is created by me, Matt Sheehan. I spent over five years in mainland China, including two as the first-ever China correspondent for the Huffington Post and WorldPost. I’m now back in my native California where I’m consulting on market entry and communications for China-related projects, and writing a book on Chinafornia.
You can read some of my best work on my own website: An Optimist’s Guide to China. Follow me on Twitter @mattsheehan88 and feel free to email me at mattsheehan88@gmail.com.

Welcome to Chinafornia: The Future of U.S.-China Relations | RealClearWorld
Tech
Apple’s China Problem – Stratechery by Ben Thompson
Tencent extends WeChat Pay to the US with focus on Chinese tourists | South China Morning Post
Chinese Factories Going It Alone to Build the Next Must-Have Device - Bloomberg
Three kingdoms, two empires: China’s internet giants go global | The Economist (Paywall)
To expand in China, Airbnb is eyeing Japan and its aging population
Investment
What Is Your State's China Strategy? | RealClearWorld
Hollywood:
‘The Fate of the Furious’ becomes highest grossing film ever in China - LA Times
Chinese Movie Industry Tries To Kick "Hollywood Dependency" - Worldcrunch
Kina miljardsatsar i Hollywood – vill köpa statusen som världens kulturella supermakt - DN.SE
Education
On Campuses Far From China, Still Under Beijing’s Watchful Eye - The New York Times
Real Estate
Christine Lu's EB-5 Tweet Storm
Gaw Capital Buying Oakland Marriott Hotel for $143M | Mingtiandi
Old Chinatown, New Chinatown
As Chinese Exclusion Act Turns 135, Experts Point To Parallels Today : Code Switch : NPR
With Help of US Private Eye, Chasing Down Corrupt Chinese Officials in Southern California | 高大伟 David Cowhig's Translation Blog
The Beltway and Beijing
Jared Kushner’s Sister Highlights Family Ties in Pitch to Chinese Investors - NYTimes.com
Trump’s bromance with China’s leader makes him a typical U.S. president - The Washington Post
Culture Corner
香格里拉 - 左小祖咒;Shangri-La by Zuoxiao Zuzhou - YouTube
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