Listen: Marc Ross on A Load of BS: The Behavioural Science Podcast | Part

“If you liked House of Cards (UK version wins every time) or The West Wing, you’re in for a treat. This week, I welcome political strategist, namesake and keeper of our eponymous tartan and ice shelf, Marc A. Ross to A Load of BS. Marc’s storytelling, his exuberance and his experience at the forefront of global politics glitters through both Part 1 and Part 2 of our conversation.

“Marc is a political nut; he fell in love with Reagan’s campaign in 1984 as a young teenager and has been immersed ever since. You’ll hear in the pod that Marc’s knowledge and interests fly way beyond home affairs; he is no partisan, his outlook is utterly global and he is a keen student of our British system amongst other, believing firmly that a broad lens gives perspective.

“He is the founder of Caracal, a communications and political intelligence firm specializing in international trade, commercial relations, economic diplomacy and global business. He is also the founder of Brigadoon, a global membership network helping leaders make better connections and helping them better understand the emerging issues shaping commerce and culture.

“This only scratches the surface of Marc’s affiliations. Best is to see here for the fullest picture.

“If that quality of build up hasn’t attracted you to subscribe to A Load of BS (if indeed you aren’t already!), then here is your moment. I won’t reveal names just now, but trust me, we have some quite phenomenal individuals joining me over the coming weeks.”


Marc dropped so much BS; Daniel broke their discussion into two parts.

In this first part, they discuss:

+ Power and influence, vs. control

+ President Clinton's Candy Shop + reciprocity

+ Political attractiveness + M&M's ad strategy

+ Delusions of grandeur: what it takes to be a successful politician

+ Confirmation bias + The West Wing

+ How politics really works beyond the sport of media reporting


So notable political figures referenced:

+ Thomas Sowell: American economist, social theorist, and senior fellow at Stanford University's Hoover Institution

+ Tom "The Hammer" DeLay: Texan, former Republican Party Majority Leader - my first job in Washington when he was Majority Whip

+ Roger Ailes: former chairman and CEO of Fox News, the media consultant for various American Presidents

+ Henry Kissinger: American politician, diplomat, and geopolitical consultant



For even more BS, make sure to subscribe to the Sunday BS email - sign up today.

For China, get beyond the headlines

Last week, the BBC blasted this headline:

Microsoft shutting down LinkedIn in China

Well, actually, Microsoft's LinkedIn is leaving China, sort of.

Sure the company is blaming a "significantly more challenging operating environment and greater compliance requirements." Still, the company just said it would switch to a new site developed specifically for the local market, where it will be a jobs board.

LinkedIn will launch a jobs-only version of the site, called InJobs, later this year.

And the firm said in a statement: "We will continue to have a strong presence in China to drive our new strategy and are excited to launch the new InJobs app later this year."

The brand is staying in China - an important data point.

Plus, despite more than 50 million LinkedIn users, the country only contributes about 2% to Microsoft's revenues, so "leaving" China appeases China hawks in DC but will do little to the company's bottom line.

While this was happening with LinkedIn, Walmart and McDonald's continued to expand in China.

Though not as sexy and certainly not generating the same headlines, Walmart and McDonald's made big moves recently.

Check this - Walmart just opened the world's biggest Sam's Club in Shanghai.

The new China flagship store is a 70,000 square meter space that houses a restaurant, a health club, and a VR hub.

For history, Walmart opened its first Sam's Club in Shenzhen back in 1996 and now boasts 28 across China as a whole, including two smaller outlets in Shanghai. The following two will open in Hangzhou and Wuhan, with a plan for a national network of 45 stores by the end of 2022.

Also, McDonald's is a pioneer for China's digital currency.

Chinese regulators have been pushing the fast-food chain to accept payment in the central bank's digital yuan. The plan is to get the currency circulating more widely ahead of the Beijing Winter Olympics next year.

McDonald's already allows customers to use a digital renminbi wallet in 270 restaurants in Shanghai, but the government wants more diners to pay with digital yuan around the country.

China is complex for America and for Wall Street; the headlines often fail to capture this.

China Political Intelligence | Oct. 26

In Europe, confusion reigns about the US: America’s pivot to Asia has stirred the most significant misunderstanding.
Walter Russell Mead

Today: Biden will participate virtually in the annual US-ASEAN Summit.

The new Japanese Prime Minister Fumio Kishida’s disapproval climbed by eight points in just two weeks, now resting at 36 percent. Just 40 percent of Japanese adults approve of his job performance as the country’s general election approaches, per Morning Consult.

Nikkei: Taiwan foreign minister embarks on EU trip to bolster ties

+ Wu visits Slovakia and the Czech Republic as search for a closer relationship takes on political tones

Biden said the US would protect Taiwan. But it’s not that clear-cut: NYT reports after the president’s remarks at a CNN event, the White House quickly declared that the American policy of “strategic ambiguity” over the island’s defense had not changed.

Does Taiwan’s military stand a chance against China? Few think so. Poor preparation and low morale are pressing concerns for Taiwan’s armed forces. One conscript said his basic training mainly involved sweeping leaves, moving spare tires, and pulling weeds.
WSJ

SCMP: China’s 50 years at UN: Xi Jinping says international rules and order must not be dominated by one power

+ Chinese president takes a veiled swipe at US and calls for peaceful coexistence while marking 50th anniversary of Beijing assuming a seat at the UN

+ Xi’s emphasis on upholding world order may be a double-edged sword, raising expectations on China to solve the climate crisis and disputes, says analyst


Xi is revealing his own weakness by missing COP26: China is losing friends abroad and sacrificing progress at home because of the inflexibility that comes with one-man rule
William Hague

Bloomberg: China hints its crackdown on tech giants is coming to an end

+ More than half of proposed fintech fixes have been implemented

+ Remarks add to optimism that tech crackdown is near end


BBC: China postpones Beijing marathon due to COVID surge

Bloomberg: Chinese economy risks deeper slowdown than markets realize


+ Property downturn seen as biggest threat to GDP growth

+ Resolve to curb debt, reshape the Internet has surprised analysts

South Korea’s moment owes more to Samsung than Squid Game: The country isn’t trying to export its way of life as the US did in the 20th century. Selling cars and phones is enough.
Bloomberg

Reuters: South Korea plots course to scrapping COVID curbs by early 2022

WP: Singapore invokes ‘fake news’ law in push against anti-vaccine website

Axios: Unvaccinated athletes face 21-day quarantine at Beijing Winter Olympics

Reuters: Beijing Winter Games competitors to face daily COVID-19 tests, remain in closed loop

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China Political Intelligence Daily.

Demystifying China's politics and power.