Sharp China: All Eyes on Iran; Two Sessions Questions; Alibaba, DeepSeek and Distillation; Another UK Spying Scandal

The podcast analyzes the potential ramifications of the escalating conflict between the U.S., Israel, and Iran, particularly focusing on China's position. It highlights that while the conflict isn't primarily about China, it presents both challenges and opportunities. China risks losing a friendly regime and faces potential energy supply disruptions, but could benefit if the U.S. becomes entangled in another Middle Eastern conflict. The discussion also covers China's measured rhetorical response, its economic interests in the region, and the implications for its relationship with the U.S. Furthermore, the podcast touches on the Two Sessions meeting, AI developments, and a UK spying scandal involving alleged Chinese intelligence assistance.