Executive Summary: Beijing believes that the multipolar world it has spent decades calling for is within reach, judging by recent high-level speeches in Europe, Russia, and elsewhere. Beijing’s conception of multipolarity diverges in important ways from that of the West. Moscow has been central to Beijing’s approach... MORE

Executive Summary: DeepSeek and its parent company, High-Flyer, are embedded in the vibrant—and heavily state-subsidized—“Hangzhou Chengxi Science and Technology Innovation Corridor,” which aims to create a Chinese answer to Silicon Valley in the companies’ hometown. DeepSeek claims that its models are not trained on GPUs... MORE

Executive Summary: The year 2024 witnessed sudden removals of high-level People’s Liberation Army (PLA) commanders, a continuation of the purge of 15 defense industry leaders and military commanders in 2023. Xi Jinping’s possible motivations include combating corruption, managing factional conflicts, asserting dominance as an aging... MORE

Executive Summary: Predicting artificial intelligence (AI) firm DeepSeek’s recent successes within a highly competitive AI ecosystem may have been possible by observing factors such as government recognition, proximity to top-tier national research institutions, and a complex network of corporate affiliates with proven technology expertise. Indicators... MORE

Executive Summary: The Spring Festival Gala, which had 16.8 billion views across all media platforms this year, is the Chinese Communist Party’s (CCP) annual message to the Chinese people and is used to celebrate the last year’s achievements and list priorities for the new year.... MORE

Executive Summary: Talent flows uncovered between Taiwan Semiconductor Manufacturing Company’s (TSMC) operations in the People’s Republic of China (PRC) and several sanctioned PRC firms constitute risks to the company’s position at the leading edge of the global chip industry. TSMC’s transition to encompass other parts... MORE

Executive Summary: The PRC is tempering its criticisms of the United States and other powerful countries in the early part of the Trump administration in a seeming attempt to foster a stable external environment while it continues to enhance its national power. Official PRC media... MORE

Executive Summary: Many so-called “Global South” countries feel it is time to do away with what they regard as the double standards of rich countries and are open to alternatives. However, Beijing’s offer comes with a catch: it involves exporting the controlling logic of its... MORE

Executive Summary: Xi Jinping faces challenges to his authority from four main groups: retired party elders such as Li Ruihuan and Wen Jiabao; princelings, especially those based overseas; military leaders, such as Zhang Youxia; and parts of the middle and entrepreneurial classes who are voicing... MORE

Executive Summary: The size and scope of the Central Military Commission (CMC) has reduced dramatically since 2004, and the makeup of the military leadership is expected to change completely by the end of the decade. It is not clear what impact this turnover will have... MORE