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China as a System @leonliao

About the Substack

A new framework on how Chinaโ€™s rise is reshaping global competition across industry, technology, energy, capital flows, and geopolitics. Grounded in local insight and shaped by a global perspective. Publishing 5-10 in-depth structural essays weekly

Free Subscription Benefits

  • Public framework essays and broad access

Paid Subcription Benefits

  • Full research stream and deeper analysis
  • Post comments and Reading Room discussions
  • Selected industry, company, and policy research

Paid Subscription Plans

  • $8 a month
  • $80 a year

About Leon Liao

Publish everyday. A new framework for understanding China, industrial power, state capacity, tech diffusion, capital flows, and global order.Former Managing Director at a global investment bank and Head of a top China research institute

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