TSMC’s Huawei Headache

Plus, China on the campaign trail. |  |   
---  
|  |  |   
---  
|   
---  
|   
---  
|   
---  
| 

#### Weekly newsletter | November 3rd, 2024  
  
---  
|   
---  
|  **Good evening.  **On Thursday, our subscribers got early access to this week’s cover story: an investigation into the Chinese company that allegedly passed TSMC-made chips on to Huawei. It’s a fascinating read, in part because it lays out just how narrow the space has become for companies that want to do business in China. Elsewhere, we have infographics laying out how China has appeared on the U.S. presidential campaign trail; an interview with Paul French on the adventures of an American future duchess in interwar China; a reported piece on how big pharma is doubling down on China; and an op-ed on the risks of America’s growing Sinophobia. To read this week’s issue in full, please subscribe here.  
  _Was this email forwarded to you?_ Sign up to receive our free newsletter.  
  
Click here to view this email in your browser.  
---  
|  |  |  |  |  |   
---  
|  |   
---  
|  |   
---  
|   
---  
|   
---  
_Credit: Jakub Porzycki/NurPhoto via  AP Images_  
|  **TSMC’s Huawei Headache** TSMC is in hot water for allegedly supplying chips to Huawei via a company with ties to crypto. That company also has ties to the Chinese state. A review of ownership records by Eliot Chen and Noah Berman raises new questions about why TSMC was supplying it in the first place.  
---  
|   
---  
|   
---  
_Credit: YinYang via  iStock.com_  
|  **The Big Picture: China on the Campaign Trail** China has played far more of a supporting role this year than in other recent U.S. presidential campaigns. This week’s infographics by Noah Berman look at what the presidential and vice presidential nominees have said about China.  
---  
|   
---  
|   
---  
|   
---  
|  |   
---  
  
### **A Q &A with Paul French**

Paul French is a British author and sinologist. He has published numerous nonfiction titles set in early 20th-century China, including _City of Devils: The Two Men Who Ruled the Underworld of Old Shanghai_  and _Midnight in Peking: How the Murder of a Young Englishwoman Haunted the Last Days of Old China_. He is also the author of a work of North Korean history called _  North Korea: State of Paranoia_. In the late nineties, he moved to Shanghai where he ran a market research firm called Access Asia. In 2011, he sold it, returned to London and became a full-time writer with a focus on Chinese history. His newest book,_  Her Lotus Year: China, the Roaring Twenties, and the Making of Wallis Simpson, _examines the year that Wallis Simpson — who later became the Duchess of Windsor after marrying the former King Edward VIII— spent in interwar China, from 1924-25. In this week’s interview with Brent Crane, he discusses the book, Wallis Simpson’s activities for U.S. intelligence, and the plight of the modern China book. Paul French  
_Illustration  by Lauren Crow_  
---  
|   
---  
|   
---  
The booth of pharmaceutical company Eli Lilly in a section for ‘Public Health and Epidemic Prevention’ at the 3rd China International Import Expo in Shanghai, November 6, 2020. _Credit: Zhang Yuwei/Xinhua via  Getty Images_  
|  **Big Pharma Doubles Down on China** Foreign pharmaceutical firms are eyeing the world’s second largest market for profit opportunities as well as innovative assets. Rachel Cheung reports on the recent activity.  
---  
|   
---  
|   
---  
Former U.S. President Donald Trump speaking with attendees at an ‘Arizona for Trump’ rally in Glendale, Arizona, August 23, 2024. _Credit: Gage Skidmore via  Flickr_  
|  **Sinophobia and U.S. Election Lies** The current political climate in the U.S. is harming its relations with China, argues Stephen Roach in this week’s op-ed.  
---  
|   
---  
|   
---  
|  Subscribe today for unlimited access.  
Starting at only $19 a month.  
   
---  
|  Subscribe  
---  
|   
---  
|  |  |  |  |  |  |  |   
---  
|  |   
---  
|  |   
---  
|   
---  
|   
---  
|  Want to change how you receive these emails?  
You can unsubscribe from this list.  
  
The Wire  
153 West 27th Street, Suite 1202  
New York, NY 10001  
---  
|  © 2024 The Wire  
---  
  
  
  
  
  
  
|  This email was sent to stephen.shu.zhang@gmail.com   
_why did I get this?_    unsubscribe from this list    update subscription preferences   
The Wire China * 153 West 27th Street * Suite 1202 * New York, New York 10001 * USA   
  
  
---