The Big Ideas

The Poem that Cost Billions
The Poem that Cost Billions
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May 12, 2021

Today’s big ideas range from

  • The billion dollar losses that came from quoting an 1,100-year-old poem, to
  • Why foreign companies in China have Stockholm Syndrome.

They also cover:

  • How much of a threat the digital yuan is to the U.S. and beyond (answer: not much, but huge changes coming in China fintech),
  • Why Japan will stay chummy with China, despite President’s Biden’s stronger embrace, and
  • How China real estate is the ‘bubble that just won’t burst.’

As always, quoting or citing something doesn’t imply agreement.