Episode
E82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
59:52
Published: Tue May 24 2022
Description
This talk was recorded LIVE at the All-In Summit in Miami and included slides. To watch on YouTube, check out our All-In Summit playlist: https://bit.ly/aisytplaylist 0:00 Claire Cormier Thielke's AIS talk: "Tomorrowland: China Placemaking and the Future of Innovation" 17:40 Claire takes Q&A with the Besties + Ryan Petersen: Understanding the China/US rivalry 24:08 How the Evergrande debt situation impacts the greater Chinese real estate industry, China's still-nascent middle class, How China is subsidizing its negative birth rate 34:30 Ryan Petersen breaks down Flexport's business, the tumultuous past few years, and how DTC might be in major trouble 46:34 Asset-heavy play as a hedge against the popular trend of asset-light, velocity vs. speed, Flexport.org's humanitarian relief shipping, China's influence Follow the guests: https://twitter.com/clairethielke https://twitter.com/typesfast Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect
Chapters
Claire from Heinz, the largest private real estate firm in the world, talks with Jason about the lesser discussed issues in China and what she wants to see solved.
00:00 - 01:43 (01:43)
Summary
Claire from Heinz, the largest private real estate firm in the world, talks with Jason about the lesser discussed issues in China and what she wants to see solved.
EpisodeE82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The concept of rental-only housing isn't popular in Greater China, resulting in individuals renting from landlords with quality and deposit issues.
01:43 - 18:14 (16:31)
Summary
The concept of rental-only housing isn't popular in Greater China, resulting in individuals renting from landlords with quality and deposit issues. However, a new Miami-based initiative plans to provide young people with a collaborative, technology-enabled living solution within the Greater Bay Area to combat the long struggle of high costs and the inability to purchase an apartment.
EpisodeE82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Communication and coordination can pose a challenge for Chinese organizations with a large workforce that functions solely in Mandarin.
18:14 - 25:12 (06:57)
Summary
Communication and coordination can pose a challenge for Chinese organizations with a large workforce that functions solely in Mandarin. The decision-making process involves various levels of governance, from local authorities to higher-ranking officials, but the focus remains on improving the lives of the people and achieving national objectives, such as carbon neutrality and education.
EpisodeE82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The COVID-19 pandemic has accelerated the creation of policies to make it easier to build and create rental housing, leading to more diversification and development in the right markets.
25:11 - 32:53 (07:41)
Summary
The COVID-19 pandemic has accelerated the creation of policies to make it easier to build and create rental housing, leading to more diversification and development in the right markets. The shift towards urbanization is also changing how the country works, and China's urbanization trend has led to increased brown faces in Beijing.
EpisodeE82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The shipping industry has faced unpredictable disruptions in recent years, from a series of tariff wars launched by the former U.S. president to the pandemic-induced shutdown of factories in China.
32:53 - 37:09 (04:16)
Summary
The shipping industry has faced unpredictable disruptions in recent years, from a series of tariff wars launched by the former U.S. president to the pandemic-induced shutdown of factories in China. These events have caused significant delays in shipping times and dramatic increases in costs.
EpisodeE82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The rise in ocean freight rates and overflowing warehouses is causing a crisis for direct to consumer e-commerce businesses, many of which are launching 1,000 new products a day through AI-generated SKUs.
37:09 - 41:53 (04:44)
Summary
The rise in ocean freight rates and overflowing warehouses is causing a crisis for direct to consumer e-commerce businesses, many of which are launching 1,000 new products a day through AI-generated SKUs.
EpisodeE82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The world's ocean carriers have ordered 25% of the world's ocean fleet to increase their fleet by 25% over the next three years, which could affect the timeline of goods in transit.
41:53 - 46:22 (04:29)
Summary
The world's ocean carriers have ordered 25% of the world's ocean fleet to increase their fleet by 25% over the next three years, which could affect the timeline of goods in transit.
EpisodeE82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Rob Bishop, a partner at TCW Group, explains the importance of having assets for companies like TSMC and Intel and the drawbacks of going too fast without a clear direction in business strategy.
46:22 - 52:05 (05:42)
Summary
Rob Bishop, a partner at TCW Group, explains the importance of having assets for companies like TSMC and Intel and the drawbacks of going too fast without a clear direction in business strategy.
EpisodeE82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker shares how he started shipping containers filled with relief supplies to refugees and disaster-affected areas by simply emailing a local partner.
52:05 - 54:53 (02:47)
Summary
The speaker shares how he started shipping containers filled with relief supplies to refugees and disaster-affected areas by simply emailing a local partner. This initiative has now been running for 5 years, covering over 50 different countries.
EpisodeE82: All-In Summit: Claire Cormier Thielke on China + Q&A with Flexport's Ryan Petersen
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The Greater Bay Area, particularly Shenzhen, has become a hub for electronic manufacturing due to their expertise and efficiency, while the future of supply chains may involve moving away from Chinese manufacturing for cost and logistical reasons.
54:53 - 59:49 (04:56)
Summary
The Greater Bay Area, particularly Shenzhen, has become a hub for electronic manufacturing due to their expertise and efficiency, while the future of supply chains may involve moving away from Chinese manufacturing for cost and logistical reasons.