In this episode of China Decode, hosts Alice Han and James Kynge unpack China’s high-stakes push for tech independence, from Moore Threads’ explosive IPO to Beijing’s drive to build a homegrown alternative to Nvidia. They also explore why the renminbi (CNY) remains deeply undervalued despite calls for a stronger yuan. Later, they sit down with Patrick McGee, author of Apple in China: The Capture of the World’s Greatest Company, to discuss Apple’s deep reliance on China and the broader political and commercial leverage Beijing now wields over Western companies. Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a>

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