I am Drew Bernstein, co-founder and co-chairman of Marcum Asia CPAs LLP, a PCAOB registered accounting firm - formerly Marcum Bernstein & Pinchuk (MBP) founded in 1983. With more than 20 years of experience in the Asia markets, I work at the intersection of the U.S. and Asia
How The US-China Chip Standoff Will Shape The AI Race
Anthropic CEO Dario Amodei and Nvidia CEO Jensen Huang clash over AI chip export controls, shaping global tech policy.
Unpacking The SpaceX IPO Filing For Investors
SpaceX’s S‑1 reveals recast financials, soaring AI capex, falling Starlink ARPU and major contingent liabilities. Here are the disclosures investors should not overlook.
Trump’s Beijing Summit Through Chinese Eyes
Takeaways and implications of the Trump-Xi meeting. What does this mean for American business interests in China?
Handicapping The AI IPO Race
Anthropic leads OpenAI in business growth with a $44B ARR and 70% margins. Despite OpenAI’s $852B value, high costs and IPO delays loom as investors await audited S-1s.
The Catfish Strategy: Why America Should Let Chinese EVs In
U.S. tariffs on Chinese EVs hinder domestic innovation. It suggests a "catfish strategy": allowing Chinese firms into the U.S. to spur competition.
Who Will Be First To Unlock Nuclear Fusion?
The stakes of the “race to fusion” are dramatic. Commercial fusion has the potential to deliver nearly unlimited energy by replicating the physics that powers the sun.
Could 2026 Be The Year Of Monster IPOs?
2026 could be the year U.S. IPOs make a comeback because of the number of high-profile, must-own private companies reportedly preparing to enter the public markets.
China’s Blueprint For 2030
In China, you never have to guess where the economy is headed,” he said. “The Party spells it all out for you in its five-year plan. You just need to be paying attention.
China Banks The World
A new report, Chasing China: Learning to Play by Beijing’s Global Lending Rules, issued by AIDDATA, shines a spotlight on China’s growing role as the banker to the world.
The Case For SPACs
Neither inherently good nor bad, SPACs can play a vital role in revitalizing the American public markets, which have been shrinking for several decades now.