Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Dan Wang

๐Ÿ‘ค Speaker
823 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

It would be some sort of a conflict somewhere in the Pacific that erupts into a bigger war.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

And for something like Taiwan, that's not one of the things that really keeps me up at night right now.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

Maybe it could happen, but generally, if you bet on peace, that's been a pretty good bet, and I expect that will continue.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

The scary things are some sort of totally unpredictable border conflict, as we saw in 2020 with India, or some ship sinking with respect to the Philippines that escalates from there.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

Yeah, I think that I feel more strongly that China will be a tech superpower in the way that it arguably already is.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

Mostly as I wrote my chapter about Shenzhen and process knowledge and just really trying to conceptualize Shenzhen as an ecosystem, which...

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

university professors and VCs and factory managers and workers are rubbing shoulders with each other.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

They're solving a lot of new problems every single day.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

They're not necessarily affected by policies from either Beijing or DC.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

And that gave me this metaphor of a engine of technological momentum that I think will not be derailed very easily because a lot of these investments have been

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

in place for 10 years, some for 15 years, and there's no easy thing, not export controls that will derail this tech engine very easily.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

At the same time, I think I appreciated how traumatic the second half of the 20th century has been for so many Chinese.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

You thought you were done with this rule of the Mao years, the famine of the Great Leap Forward, the total insanity of the Cultural Revolution.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

Deng Xiaoping comes along, he starts to make everyone richer through reform and opening, and then he unleashes the one-child policy, which I describe as a campaign of rural terror meted out against overwhelmingly female bodies in the countryside.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

This was something that I never quite realized just how awful it was to so many people.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

You think of one child and

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

That sounds like nice and clean, but you don't associate 300 million abortions that China conducted throughout this period, 100 million sterilizations throughout this period, tens of thousands of Chinese girls being adopted by American couples who are living here because their parents had to give them up.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

And this was also the time period when I was writing this period that

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

My wife suffered a miscarriage and it was exactly during this time when I was writing about the traumas of other female bodies that something like that happened.

Invest Like the Best with Patrick O'Shaughnessy
Dan Wang - The US vs China In The 21st Century - [Invest Like the Best, EP.444]

I'm always trying to communicate that China could be very powerful and it is extremely capable.