Alice Han

James, here is our favorite part of every episode, prediction time.

What is your prediction for the coming weeks?

It kind of reminds me of, remember back in the day, you had those Chinese piracy DVDs?

I remember as a kid of the 2000s, every time I went to China, I would just pick up, I probably shouldn't have made this, but they were just selling this on the street for one CNY, one yuan.

These pirated DVDs of people that had literally just gone into the cinema and just videoed it.

And really, Hollywood couldn't do much about it until really China cleaned up its act.

The government started cracking down on piracy, if you recall.

So when I think about the future pathway, I mean, I agree with you, James.

I think the only way out of this is if there's a government-related set of regulations to really clamp down.

Yeah, and this is not my prediction, but I could foresee some kind of

statement about AI cooperation, even though nothing comes out of it substantively between Trump and Xi and China in April.

So my prediction is more markets related.

By the time we air this, the mainland stock exchanges will have opened.

I think we're probably going to see a pretty good performance in Chinese mainland stocks in advance of the NPC meeting on March 4.

And that's primarily because in the lead up, historically in the lead up to

the NPC meetings, we've seen stock markets actually rise.

And so I think that we'll see a similar momentum happening in advance of that NPC meeting with a lot of market anticipation about some of the announcements related to hardware, especially semiconductors, some of the upstream and downstream providers to the semiconductor industry, as well as AI.

And talk to you again next week.

Hi, Adam.

Happy New Year.