Xi says: who will succeed him?

The podcast examines China's upcoming leadership reshuffle and Europe's burgeoning tech sector. With Xi Jinping expected to remain in power, the discussion explores potential future leadership transitions, or lack thereof, and the implications of Xi's consolidation of power. James Miles notes the absence of clear successors and the increasing "gerontocracy" within the Chinese Communist Party. Shifting focus to Europe, the podcast highlights its struggle to create tech giants, but also notes emerging opportunities due to missteps by the US and China. Guy Scriven points to increased investment in climate, defense, and deep tech, driven by factors like talent migration and geopolitical shifts. Finally, the podcast presents an obituary of Michel Rolland, a master wine connoisseur, whose approach to winemaking is remembered.