WEBVTT - Gordon Chang - Will the China-Russia Axis Start WWIII?

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<v Speaker 1>You're listening to The Buck Sexton Show podcast, make sure

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<v Speaker 1>you subscribe to the podcast on the iHeartRadio app or

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<v Speaker 1>wherever you get your podcasts. Hey, everybody, Welcome to another

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<v Speaker 1>episode of The Buck Sexton Show, a deep dive on

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<v Speaker 1>all things China right now. And for that we have

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<v Speaker 1>the perfect guest, Gordon Chang. He's the author of The

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<v Speaker 1>Coming Collapse of China as well as the Great US

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<v Speaker 1>China Tech War. He's a great following on Twitter as well.

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<v Speaker 1>Gordon g. Chang, Gordon, my friend. Good to have you back, sir,

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<v Speaker 1>good to see it. Thank you so much. But this

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<v Speaker 1>will be fun. So the biggest news right now with

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<v Speaker 1>regard to China is and something that came up of

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<v Speaker 1>the weekend, how worried should we be about Chinese military

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<v Speaker 1>support to Russia in the Ukraine War? And I want

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<v Speaker 1>to dive into what that could look like. But what

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<v Speaker 1>do you see it as right now? Gordon? China has

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<v Speaker 1>been supplying military assistance from the very beginning of this war, Buck,

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<v Speaker 1>but China has picked up the pace now. The Breaking

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<v Speaker 1>Defense website reports that almost every day, and antonoff An

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<v Speaker 1>one twenty four, which is the biggest cargo plane in

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<v Speaker 1>the World leaves Jung Joe, which is in central China,

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<v Speaker 1>and it goes to Russia. It turns off its transponder

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<v Speaker 1>when it leaves. I mean it's carrying ammunition and other

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<v Speaker 1>high consumption rate items. This follows reports that China has

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<v Speaker 1>been selling drones, so the Wagner Group, for use in Ukraine,

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<v Speaker 1>and from the get go in this war, China has

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<v Speaker 1>been feeding location data to the Russians. The Ukrainian drone

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<v Speaker 1>operators were using products made in China. That means that

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<v Speaker 1>China knew the location of the Ukrainians. China was sending

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<v Speaker 1>that over to Russia, and then Russia was taking out

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<v Speaker 1>the Ukrainians. That's military assistance. Now we have a series

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<v Speaker 1>of state from Jake Sullivan, the National Security Advisor, and

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<v Speaker 1>others saying, oh, we think China is contemplating supplying lethal

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<v Speaker 1>assistance to Russia. Well, they've already been doing so for

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<v Speaker 1>quite some time, and I think that they owe us

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<v Speaker 1>an explanation why they think that all of these reports

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<v Speaker 1>are untrue, because obviously we are hearing information contradicting what

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<v Speaker 1>the administration is publicly telling the world and the American people.

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<v Speaker 1>Is there a concern Gordon I mean, as you just

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<v Speaker 1>laid out, there's already military support that has been going

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<v Speaker 1>from day one from China to Russia. But is it

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<v Speaker 1>possible in your mind that there could be an escalation

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<v Speaker 1>even on top of that from Shijinping to provide either

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<v Speaker 1>just greater amounts of what's already there, or perhaps more

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<v Speaker 1>advanced weaponry or even Chinese training on certain specific systems.

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<v Speaker 1>There always can be a ramp up in assistance. And

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<v Speaker 1>one of the explanations that I have just guessing, because

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<v Speaker 1>all I'm doing is speculating, is that the administration doesn't

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<v Speaker 1>want to acknowledge the lethal assistance because it's still trying

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<v Speaker 1>to work with China to keep that assistance to the

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<v Speaker 1>bare minimum. And maybe people in the administration think that

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<v Speaker 1>if they publicly confront China that Beijing will increase what

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<v Speaker 1>it sends over to the Russians. I don't know. That's

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<v Speaker 1>not a good strategy. It's not working, and I think

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<v Speaker 1>that it just misunderstands the Chinese way of thinking. We

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<v Speaker 1>have a lot of policies but that sound good to

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<v Speaker 1>the ear like they should work. But for decades we've

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<v Speaker 1>been applying these policies and we now have disastrous results,

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<v Speaker 1>which means obviously we've got to try something new because

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<v Speaker 1>what we've been doing ain't working. What is the Chinese

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<v Speaker 1>interest in Ukraine and in the Ukraine Russia conflict? What

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<v Speaker 1>are they hoping to achieve? Is their strategic objectives? Again

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<v Speaker 1>we have to speculate because I think that ultimately what

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<v Speaker 1>they're doing is counterproductive. But obviously they see themselves on

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<v Speaker 1>the same page with Vladimir Putin. Cejumping and Putin, they

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<v Speaker 1>view the world in the same terms. They identify the

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<v Speaker 1>same enemy, which is us, and I think Siejumping finds

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<v Speaker 1>Putin to be very useful because he's willing to go

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<v Speaker 1>out and really put us on the back foot. You know,

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<v Speaker 1>the more that we expend resources in Ukraine, the fewer

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<v Speaker 1>resources we have to defend our friends and allies in

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<v Speaker 1>East Asia. So that's part of it as well. We're

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<v Speaker 1>being bled and we're being distracted. Now I think we

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<v Speaker 1>need to be in Ukraine because the best way to

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<v Speaker 1>deter China over Taiwan for instances, to make sure that

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<v Speaker 1>Putin losers in Ukraine. But the point is we are

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<v Speaker 1>being bled and the Chinese, I think, enjoy watching this.

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<v Speaker 1>What is the what is your response to the assessments

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<v Speaker 1>that are out there now from people that there is

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<v Speaker 1>a just a growing Russia, China Iran axis. You know,

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<v Speaker 1>it harkens back to the axis of evil speech of

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<v Speaker 1>the Bush administration many years ago with Iraq, Iran and

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<v Speaker 1>North Korea. Now it's much bigger, much more important countries

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<v Speaker 1>that people are tying together. What do you make of that.

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<v Speaker 1>I think that's absolutely right, and I think that we

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<v Speaker 1>have to add North Korea and perhaps add a country

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<v Speaker 1>like Algeria. So you put together a lot of these

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<v Speaker 1>countries in the world's dividing into camps. President Biden doesn't

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<v Speaker 1>want to acknowledge that, but it's playing to see. And

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<v Speaker 1>if you don't acknowledge reality, you can't deal with reality. So, yeah,

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<v Speaker 1>the world is dividing, and it is a Cold war,

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<v Speaker 1>and it's a I think, far more dangerous period than

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<v Speaker 1>the Cold War. You know, people say, oh, you know,

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<v Speaker 1>nineteen sixty two Cuban missile crisis the most dangerous moment

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<v Speaker 1>in history. I could argue in say nineteen sixty one,

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<v Speaker 1>the Checkpoint Charlie crisis in Berlin was perhaps even more dangerous.

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<v Speaker 1>But the point is we know from the archives, but

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<v Speaker 1>that neither Khrushchoff nor Kennedy were willing to use nuclear weapons.

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<v Speaker 1>We don't know that about Vladimir Putin. We don't even

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<v Speaker 1>know that about Siejun Ping. And I think that makes

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<v Speaker 1>this the most dangerous moment in history. And because you've

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<v Speaker 1>got that large camp on the other side, there might

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<v Speaker 1>be willing to use nukes. It's just we're not comprehending

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<v Speaker 1>the possibilities. Are there areas of friction between Putin and

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<v Speaker 1>She that US policy or just US action could exploit.

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<v Speaker 1>I mean, how can you make them less cozy together

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<v Speaker 1>so they're less of a threat to the world order

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<v Speaker 1>as we know it. I think that it's theoretically possible,

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<v Speaker 1>but as a practical matter, it is not. These two

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<v Speaker 1>just believe that they find advantage in each other's arms.

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<v Speaker 1>And I don't think that there is anything, as a

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<v Speaker 1>practical matter, we could do to separate them, except to

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<v Speaker 1>perhaps bring down Russia. We do that, We drive it

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<v Speaker 1>out of Ukraine. Yeah, we end that partnership. And you know,

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<v Speaker 1>people will say that's extraordinarily dangerous, And I say, saying

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<v Speaker 1>something is dangerous is not a meaningful objection, because out

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<v Speaker 1>of three decades of truly misguided Russia policy in China policy,

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<v Speaker 1>we have created an extremely perilous situation. There are no

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<v Speaker 1>safe options, and the most dangerous option of all is

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<v Speaker 1>continuing with the policies that created this disaster in the

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<v Speaker 1>first place. So we're going to have to think about,

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<v Speaker 1>you know, the world in very different terms and realize

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<v Speaker 1>that it is perilous. Gordon, I'm gonna ask you about

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<v Speaker 1>China Taiwan here in just a second. But first from

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<v Speaker 1>Let's start with this. Is China, after seeing the situation

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<v Speaker 1>in Ukraine, less likely to invade in well, we'll say

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<v Speaker 1>a five year timetable because they see all the trouble

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<v Speaker 1>that Ukraine, that Russia has had in Ukraine, or more

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<v Speaker 1>likely because they feel the US is distracted and doesn't

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<v Speaker 1>have the stomach for a fight. In addition, on the

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<v Speaker 1>Eastern Front, so to speak. I think that this is

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<v Speaker 1>just guessing, but I think China is less deterred than

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<v Speaker 1>it was before. Now. William Burns, the CIA director, a

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<v Speaker 1>couple of days ago, actually said that China is more

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<v Speaker 1>deterred seeing Russia's problems in Ukraine, and the Chinese, we know,

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<v Speaker 1>are looking very closely at Russia's experience. But you got

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<v Speaker 1>to remember, you know, the happy talk in Washington is

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<v Speaker 1>the heroic resistance of the Ukrainian people have convinced the

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<v Speaker 1>Chinese not to invade Taiwan because they worried about similar resistance.

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<v Speaker 1>And you know, I think there's something to that, But

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<v Speaker 1>we got to look at the rest of the situation,

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<v Speaker 1>and that is there was a failure of deterrence in

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<v Speaker 1>twenty twenty two. We saw the coalition that was a

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<v Speaker 1>raid against Russia, the United States, the twenty seven nations

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<v Speaker 1>of the European Union, in Great Britain had an economy

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<v Speaker 1>twenty five point one times larger than Russia's in twenty

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<v Speaker 1>twenty one, and yet we fail to stop the Russian invasion.

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<v Speaker 1>That is, I perhaps the biggest failure of deterrence since

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<v Speaker 1>the Second World War. And I think China's seen that.

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<v Speaker 1>I think that that reinforces the notion in Chinese minds that,

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<v Speaker 1>as Siejumping's favorite phrases, the East is rising and the

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<v Speaker 1>West is declining. And c has actually thought for a

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<v Speaker 1>very long time the United States is in terminal decline.

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<v Speaker 1>So he sees the failure of deterrence. He sees the

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<v Speaker 1>United States not still being deterred by Russia because we're

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<v Speaker 1>not supplying the assistance that Ukraine needs to win. And

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<v Speaker 1>he can sees that the threats to use nuclear weapons

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<v Speaker 1>have prevented the West from actually coming to the aid

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<v Speaker 1>of Ukraine in the way that we need to. So

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<v Speaker 1>you put all that together, and I think on balance,

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<v Speaker 1>the Chinese believe that they've got a bigger, bigger green

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<v Speaker 1>light to invade. How we don't know how formidable gordon

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<v Speaker 1>are the Taiwanese defense forces in the face of a

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<v Speaker 1>possible Chinese full scale invasion, and also what would it

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<v Speaker 1>take to get well, let's I want to ask you

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<v Speaker 1>about Japan as well, but let's just start with how

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<v Speaker 1>does Taiwan stack up against those initial critical days of

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<v Speaker 1>Chinese forces in an amphibious landing, crossing the straits and

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<v Speaker 1>invading Taiwan doesn't stack up very well because it has

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<v Speaker 1>the wrong types of weapons, and that's the fault of

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<v Speaker 1>some Taiwan general officers who asked to buy the wrong things.

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<v Speaker 1>And it's also the fault of the Pentagon for pushing

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<v Speaker 1>on Taiwan some of the wrong weapons. Taiwan needs cruise

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<v Speaker 1>missiles and it also needs submarines, and we have not

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<v Speaker 1>been willing to sell them submarines. We've been slow walking

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<v Speaker 1>arms sales, as Representative Gallagher said after he just returned

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<v Speaker 1>from Taiwan. So you know, Ukraine needs F sixteens, but

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<v Speaker 1>I don't think Taiwan needs F sixteens because there's gonna

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<v Speaker 1>be no airfield left in Taiwan. You know, after the

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<v Speaker 1>first couple hours of a Chinese bombardment, we're not going

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<v Speaker 1>to have any air fields left in the region either.

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<v Speaker 1>But that's another story. The point is that Taiwan can

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<v Speaker 1>maybe stop the Chinese for a little while, but they're

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<v Speaker 1>going to need help from their friends. Gordon, you raise

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<v Speaker 1>something I think is important for people to know. There

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<v Speaker 1>may be this conception of a Chinese invasion of Taiwan

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<v Speaker 1>looks like some you know, obviously massive air aerial strikes

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<v Speaker 1>beforehand to try to soften up the target the island

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<v Speaker 1>of Taiwan and then naval flotilla, amphibious landing craft and

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<v Speaker 1>they just try to occupy and overrun the forces. But

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<v Speaker 1>you seem to indicate it it could be a lot

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<v Speaker 1>broader than that. What does if you were to invasion

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<v Speaker 1>and I know, look, the Pentagon does war gaming all

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<v Speaker 1>the time, whether the right or wrong. They don't know

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<v Speaker 1>until the bullets start flying. Right, if you were war gaming,

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<v Speaker 1>what a Chinese invasion of Taiwan would look like. What

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<v Speaker 1>happens in those first we'll call those first seventy two hours.

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<v Speaker 1>First of all, I think that maybe for six months

0:14:45.737 --> 0:14:48.817
<v Speaker 1>we don't know that an invasion has started. Because a

0:14:48.937 --> 0:14:52.697
<v Speaker 1>Chinese invasion of Taiwan may not start with war in

0:14:52.777 --> 0:14:56.737
<v Speaker 1>space or you know, a massive aerial bombardment of Taiwan.

0:14:57.017 --> 0:15:01.137
<v Speaker 1>It can start with this. The dissemination of a pathogen

0:15:01.217 --> 0:15:05.537
<v Speaker 1>in Taiwan, you know, just weakened Taiwan's ability to defend

0:15:05.577 --> 0:15:09.017
<v Speaker 1>itself with the disease. You know, We've got a lot

0:15:09.057 --> 0:15:12.017
<v Speaker 1>of smart American war planners who say, oh, don't worry

0:15:12.057 --> 0:15:14.977
<v Speaker 1>about all this. We know, you know, we'll have months

0:15:14.977 --> 0:15:18.617
<v Speaker 1>of notice of an invasion. I'm not sure that that's

0:15:18.657 --> 0:15:21.697
<v Speaker 1>the case. Because you know, we've got American war planners

0:15:21.697 --> 0:15:25.457
<v Speaker 1>who assume that Chinese war planners think like American war planners,

0:15:26.377 --> 0:15:30.537
<v Speaker 1>and so I don't know if that's the case. I

0:15:30.577 --> 0:15:34.337
<v Speaker 1>think that we could very well have this long period.

0:15:35.617 --> 0:15:38.777
<v Speaker 1>It's sort of prepping the battlefield, so to speak. We

0:15:38.857 --> 0:15:44.417
<v Speaker 1>could have sabotage events throughout Taiwan which people may not know,

0:15:44.537 --> 0:15:49.137
<v Speaker 1>or sabotage you know, derailments, chemical fires, all the rest

0:15:49.137 --> 0:15:51.257
<v Speaker 1>of it, the stuff we see in the US for instance.

0:15:52.137 --> 0:15:56.337
<v Speaker 1>So first, the first moments of a war may not

0:15:56.457 --> 0:15:59.617
<v Speaker 1>be evident for quite some time. But when it really

0:15:59.657 --> 0:16:02.577
<v Speaker 1>goes kinnectic, I think we're going to see a lot

0:16:02.617 --> 0:16:05.577
<v Speaker 1>of our assets in space taken down. We'll see a

0:16:05.657 --> 0:16:10.017
<v Speaker 1>bombardment of Okinawa and Guam. We'll see a naval blockade

0:16:10.177 --> 0:16:13.857
<v Speaker 1>which includes sovereign Japanese islands, because remember the island of

0:16:13.937 --> 0:16:19.857
<v Speaker 1>Yanagumi is actually south of Taipei, and for a Chinese

0:16:19.937 --> 0:16:22.377
<v Speaker 1>invasion to be successful, they've got to have a blockade.

0:16:22.577 --> 0:16:25.217
<v Speaker 1>For a blockade to be successful, it's got to include

0:16:25.537 --> 0:16:30.257
<v Speaker 1>Yanagumi and other Japanese islands. So this gets really ugly

0:16:30.457 --> 0:16:33.417
<v Speaker 1>really fast. And one other thing, buck sorry for going on,

0:16:33.497 --> 0:16:39.217
<v Speaker 1>but well, go on, go on. The first kinetic element

0:16:39.337 --> 0:16:41.817
<v Speaker 1>of a Chinese attack could be the use of tactical

0:16:41.977 --> 0:16:45.217
<v Speaker 1>nuclear weapons. I mean, everyone says how hard it is

0:16:45.257 --> 0:16:47.737
<v Speaker 1>to have a cross Straits invasion. You'd have to have

0:16:47.857 --> 0:16:51.257
<v Speaker 1>combined land air sea operations, which the Chinese have never

0:16:51.257 --> 0:16:54.497
<v Speaker 1>done in their history. How do you avoid that, Well,

0:16:54.737 --> 0:16:59.337
<v Speaker 1>you use tactical nukes and you force in the Chinese mind,

0:16:59.377 --> 0:17:02.137
<v Speaker 1>you force everyone to back off because they don't want

0:17:02.137 --> 0:17:05.297
<v Speaker 1>to get nuked as well. Do you think there's a

0:17:05.377 --> 0:17:09.417
<v Speaker 1>chance that they would also? Are there any US assets

0:17:09.457 --> 0:17:11.177
<v Speaker 1>in the region that they would go for with the

0:17:11.217 --> 0:17:14.737
<v Speaker 1>idea that while it maybe US territory, it's not quite

0:17:15.137 --> 0:17:17.417
<v Speaker 1>you know, it's not quite the Fifty States. Do you

0:17:17.417 --> 0:17:19.057
<v Speaker 1>think they might hit Guam? Do you think they might

0:17:19.097 --> 0:17:23.377
<v Speaker 1>try to go after some US Pacific assets? Absolutely? And

0:17:23.537 --> 0:17:27.417
<v Speaker 1>in Okinawa, they got to take out Okinawa. They cannot

0:17:27.457 --> 0:17:33.137
<v Speaker 1>afford to have the large US military presence there left intact.

0:17:33.897 --> 0:17:36.177
<v Speaker 1>So if you're going to go after Guam, you might

0:17:36.177 --> 0:17:42.017
<v Speaker 1>as well go after American bases in Japan, and you

0:17:42.057 --> 0:17:46.057
<v Speaker 1>probably will have the North Koreans engage in some sort

0:17:46.097 --> 0:17:52.417
<v Speaker 1>of provocative activity to draw off the United States. So yeah,

0:17:52.457 --> 0:17:56.977
<v Speaker 1>there's just to be clear, you could foresee or at

0:17:57.057 --> 0:18:00.097
<v Speaker 1>least you could find plausible we'll put it that way. Gordon.

0:18:00.137 --> 0:18:01.697
<v Speaker 1>I'm not you know, no one can predict the future,

0:18:01.777 --> 0:18:04.377
<v Speaker 1>and that's very clear, but you know, it is important

0:18:04.417 --> 0:18:07.217
<v Speaker 1>to understand what the possibilities are in order to plan

0:18:07.297 --> 0:18:10.497
<v Speaker 1>for them. You could foresee a situation where a Chinese

0:18:10.497 --> 0:18:15.817
<v Speaker 1>invasion of Taiwan also coincides with North Korean what just

0:18:16.457 --> 0:18:19.137
<v Speaker 1>military action, maybe not an invasion, but military action of

0:18:19.177 --> 0:18:24.937
<v Speaker 1>some kind strikes, artillery strikes, etc. Against South Korea, absolutely,

0:18:25.337 --> 0:18:31.577
<v Speaker 1>because what better way to divert the United States. And

0:18:31.977 --> 0:18:35.417
<v Speaker 1>so there could be all sorts of things that are occurring.

0:18:36.297 --> 0:18:39.657
<v Speaker 1>And also it could be sabotage by Chinese agents in

0:18:39.697 --> 0:18:43.777
<v Speaker 1>the US, which I think would probably occur pretty much

0:18:43.777 --> 0:18:46.377
<v Speaker 1>at the same time. So this is not going to

0:18:46.457 --> 0:18:49.297
<v Speaker 1>be limited. I want to ask you about Chinese influence

0:18:49.337 --> 0:18:52.337
<v Speaker 1>in the United States Gordon in just a second. But

0:18:52.977 --> 0:18:55.657
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<v Speaker 1>phone number is one eight hundred LifeLock. Gordon. There's a

0:20:17.337 --> 0:20:20.577
<v Speaker 1>lot of attention that people pay to Chinese influence in

0:20:20.617 --> 0:20:25.017
<v Speaker 1>this country with regard to a few things Hollywood and

0:20:25.137 --> 0:20:29.017
<v Speaker 1>the way that it's clear the media industrial complex here,

0:20:29.057 --> 0:20:32.577
<v Speaker 1>the entertainment complex in America doesn't want to offend China.

0:20:32.857 --> 0:20:37.977
<v Speaker 1>That includes occasionally professional athletes, the NBA notably not wanting

0:20:37.977 --> 0:20:43.697
<v Speaker 1>to upset Beijing. And then some tie in to Hunter Biden,

0:20:43.817 --> 0:20:46.057
<v Speaker 1>the son of the President of the United States, getting

0:20:46.057 --> 0:20:49.497
<v Speaker 1>a whole lot of money from Chinese Communist Party backed

0:20:49.577 --> 0:20:53.217
<v Speaker 1>business interests in China. I wanted you to to sort

0:20:53.257 --> 0:20:56.017
<v Speaker 1>of lay out for everyone in the scope of how much,

0:20:56.617 --> 0:21:00.537
<v Speaker 1>from the elites on down, what kind of control an

0:21:00.577 --> 0:21:06.137
<v Speaker 1>influence operation does China have in the US. China for

0:21:06.257 --> 0:21:09.257
<v Speaker 1>decades has been trying to buy off elements of the

0:21:09.297 --> 0:21:15.097
<v Speaker 1>American society, and they've been extremely successful. As you've been

0:21:15.137 --> 0:21:21.297
<v Speaker 1>talking about on November twenty eight, twenty twenty, Joe Biden

0:21:21.337 --> 0:21:24.577
<v Speaker 1>was elected president, but before he took office, a Chinese

0:21:24.577 --> 0:21:28.857
<v Speaker 1>academic d Dong Shong gave a live stream lecture in

0:21:28.857 --> 0:21:32.337
<v Speaker 1>Shanghai got a lot of play throughout China, and d

0:21:32.697 --> 0:21:37.457
<v Speaker 1>talked about how China was controlling outcomes at the highest

0:21:37.537 --> 0:21:41.057
<v Speaker 1>levels of the American political system. He said that China

0:21:41.897 --> 0:21:44.897
<v Speaker 1>was able to get what it wanted up until Trump.

0:21:45.417 --> 0:21:49.737
<v Speaker 1>It mentioned that the Chinese levers of influence during the

0:21:49.737 --> 0:21:54.617
<v Speaker 1>Trump administration were broken, but how China was looking forward

0:21:54.777 --> 0:22:01.257
<v Speaker 1>to exercising control after Biden took office. And when Dee

0:22:01.377 --> 0:22:04.897
<v Speaker 1>talked about Hunter Biden, everybody in the live audience in

0:22:04.937 --> 0:22:10.857
<v Speaker 1>Shanghai was snickering, so you can see what the Chinese thing. Also,

0:22:10.937 --> 0:22:15.377
<v Speaker 1>D said there was no American politician who could resist China,

0:22:15.537 --> 0:22:18.737
<v Speaker 1>and every American could be bought. Now, I'm not saying

0:22:18.777 --> 0:22:22.617
<v Speaker 1>that what D's assessment was correct. I actually think it wasn't.

0:22:22.977 --> 0:22:26.137
<v Speaker 1>But the point is that's what the Chinese think, and

0:22:26.577 --> 0:22:31.097
<v Speaker 1>that shows you how pervasive Chinese influence in the United

0:22:31.137 --> 0:22:34.977
<v Speaker 1>States is. And by the way, those levers of influence

0:22:35.097 --> 0:22:38.577
<v Speaker 1>that D talked about, that he was exercising both before

0:22:38.737 --> 0:22:43.897
<v Speaker 1>and would exercise after Trump two things Wall Street and

0:22:44.257 --> 0:22:49.777
<v Speaker 1>Henry Kissinger. Just one other thing. The thing about Eric

0:22:49.857 --> 0:22:54.737
<v Speaker 1>Swalwell was the Chinese. And I'm not saying that he

0:22:54.857 --> 0:22:59.417
<v Speaker 1>was treacherous or anything, because I don't know. And I

0:22:59.457 --> 0:23:02.497
<v Speaker 1>also believe that being targeted by China's Ministry of State

0:23:02.577 --> 0:23:07.617
<v Speaker 1>Security is not a sin, because that means everybody in

0:23:07.697 --> 0:23:11.457
<v Speaker 1>Congress would be a sinner. But the point is that

0:23:11.777 --> 0:23:15.057
<v Speaker 1>they Chinese first contact a swallowal not when he was

0:23:15.097 --> 0:23:18.257
<v Speaker 1>in on the House Intelligence Committee, which would obviously be

0:23:18.337 --> 0:23:21.617
<v Speaker 1>of great importance for China. They first contacted him when

0:23:21.657 --> 0:23:26.177
<v Speaker 1>he was on the City Council of Dublin City, California.

0:23:26.377 --> 0:23:30.137
<v Speaker 1>That means that they have not just one Swallowell. That

0:23:30.257 --> 0:23:33.417
<v Speaker 1>means they must have hundreds or thousands of swallow Wells.

0:23:33.617 --> 0:23:37.937
<v Speaker 1>That shows you how pervasive their operations are. So they're

0:23:37.937 --> 0:23:41.057
<v Speaker 1>going for influence operations not just obviously at the White

0:23:41.097 --> 0:23:43.537
<v Speaker 1>House level, but as you point out, all the way

0:23:43.577 --> 0:23:46.217
<v Speaker 1>all the way down and then on the corporate side,

0:23:46.217 --> 0:23:49.577
<v Speaker 1>because that's an area where you know, whether it's Disney

0:23:49.697 --> 0:23:55.657
<v Speaker 1>or Paramount Pictures or National Basketball Association, clearly companies have

0:23:56.297 --> 0:24:02.377
<v Speaker 1>a sensitivity about to say Chinese interests, Chinese Communist Party dogma, right.

0:24:02.377 --> 0:24:04.937
<v Speaker 1>I mean, it's not they're not worried about offending the

0:24:04.977 --> 0:24:07.057
<v Speaker 1>man on the streets so to speak, in Beijing. They

0:24:07.057 --> 0:24:10.057
<v Speaker 1>don't want to upset the powers that be in China

0:24:10.137 --> 0:24:13.977
<v Speaker 1>and lose access to those markets. How much, how much

0:24:13.977 --> 0:24:16.057
<v Speaker 1>money is at staken things like that, I mean, what

0:24:16.057 --> 0:24:17.777
<v Speaker 1>what were to happen, What would happen to some of

0:24:17.777 --> 0:24:20.977
<v Speaker 1>these companies if Shiji and Ping said no, not you,

0:24:20.977 --> 0:24:25.217
<v Speaker 1>you're out. Well, we're already starting to see that buck

0:24:25.297 --> 0:24:28.577
<v Speaker 1>because Cijumping has in fact been saying that. But you know,

0:24:28.657 --> 0:24:33.337
<v Speaker 1>obviously the NBA would lose its entire China market. Um.

0:24:34.217 --> 0:24:38.897
<v Speaker 1>The Hollywood studios, Um, they already losing, you know, a

0:24:38.977 --> 0:24:41.977
<v Speaker 1>large part of the market because Beijing has been promoting

0:24:42.017 --> 0:24:45.857
<v Speaker 1>local films making it difficult for foreign films to be shown.

0:24:46.457 --> 0:24:49.097
<v Speaker 1>But you know, Hollywood still is very much on board

0:24:49.177 --> 0:24:55.217
<v Speaker 1>with China. Um. Fortunately the movie Maverick Top Gun um

0:24:55.297 --> 0:24:59.537
<v Speaker 1>has sort of convinced Hollywood that you don't necessarily need

0:24:59.577 --> 0:25:03.777
<v Speaker 1>the Chinese market. Um. But this is not only this

0:25:03.857 --> 0:25:07.457
<v Speaker 1>is this is a question of Sijumping forcing American companies

0:25:07.457 --> 0:25:10.457
<v Speaker 1>and other companies out of China. A good job. Maverick

0:25:10.497 --> 0:25:12.137
<v Speaker 1>not allowed in China, Gordon, I didn't know that, but

0:25:12.257 --> 0:25:15.097
<v Speaker 1>they didn't allow that movie in. Yeah, I don't think

0:25:15.097 --> 0:25:18.737
<v Speaker 1>it was allowed in Remember the issue though, was the

0:25:18.817 --> 0:25:24.297
<v Speaker 1>patches on right, Yeah, yeah, the Taiwan you know, the

0:25:24.337 --> 0:25:30.097
<v Speaker 1>Taiwan message there. So really what Beijing, what Hollywood was saying,

0:25:30.177 --> 0:25:31.857
<v Speaker 1>was look, we don't care, We're going to do this.

0:25:32.057 --> 0:25:33.697
<v Speaker 1>You know where you let your film in or not.

0:25:35.057 --> 0:25:38.617
<v Speaker 1>But American films have not done that well in China

0:25:39.097 --> 0:25:42.577
<v Speaker 1>recently because Beijing has really started to put the clamps

0:25:42.617 --> 0:25:44.937
<v Speaker 1>down on them. So, yeah, they still have a market.

0:25:44.977 --> 0:25:47.697
<v Speaker 1>It's still considered to be important in Hollywood, but I

0:25:47.697 --> 0:25:52.017
<v Speaker 1>think it'll become less important as Beijing seeks to really

0:25:52.057 --> 0:25:54.537
<v Speaker 1>control what the Chinese people see to a greater extent

0:25:54.537 --> 0:25:57.057
<v Speaker 1>than they've done in the past. I want to come

0:25:57.097 --> 0:25:59.017
<v Speaker 1>in in just a second here and ask you about

0:25:59.257 --> 0:26:03.737
<v Speaker 1>what's going on inside of China with in terms of stability,

0:26:03.777 --> 0:26:07.097
<v Speaker 1>political stability, the economy Hong Kong. We'll get to that

0:26:07.137 --> 0:26:09.737
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<v Speaker 1>the Towers at t twot dot org. That's t the

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<v Speaker 1>number two T dot org. Gordon. Let's start with Hong

0:27:10.697 --> 0:27:13.057
<v Speaker 1>Kong remember when there were I know you do, but

0:27:13.097 --> 0:27:17.657
<v Speaker 1>for our audience, there were all of those protests and

0:27:17.897 --> 0:27:20.257
<v Speaker 1>even some American flags being weighed. There was all this

0:27:20.377 --> 0:27:25.937
<v Speaker 1>media attention on the threat of Hong Kong being essentially

0:27:26.457 --> 0:27:30.137
<v Speaker 1>consumed by the Chinese Communist Party, losing its special status

0:27:30.177 --> 0:27:33.057
<v Speaker 1>for all intents and purposes. What ended up happening there?

0:27:33.057 --> 0:27:35.457
<v Speaker 1>What's the status of Hong Kong and the freedoms that

0:27:35.457 --> 0:27:40.577
<v Speaker 1>it was supposed to have today? Yeah, just for some background,

0:27:41.057 --> 0:27:44.617
<v Speaker 1>Beijing promised fifty years of a high degree of autonomy

0:27:44.657 --> 0:27:47.297
<v Speaker 1>for Hong Kong in the one Country, two systems formula

0:27:47.697 --> 0:27:51.337
<v Speaker 1>starting from July one, nineteen ninety seven, when Britain, as

0:27:51.417 --> 0:27:54.897
<v Speaker 1>they say, handed over Hong Kong to the People's Republic.

0:27:55.257 --> 0:27:59.257
<v Speaker 1>This was a pursuant to a treaty. China has clearly

0:27:59.377 --> 0:28:02.497
<v Speaker 1>violated that treaty. It's now running Hong Kong lock stock

0:28:02.537 --> 0:28:07.937
<v Speaker 1>and barrel, and it has done so since basically twenty twenty.

0:28:08.417 --> 0:28:11.137
<v Speaker 1>You were referring to the big protests of twenty nineteen.

0:28:11.537 --> 0:28:15.097
<v Speaker 1>Sejumping decided that he was going to take over Hong Kong.

0:28:15.297 --> 0:28:18.257
<v Speaker 1>They did that with their National Security Law, which was

0:28:18.377 --> 0:28:21.817
<v Speaker 1>basically called the End of law in Hong Kong, and

0:28:21.977 --> 0:28:25.697
<v Speaker 1>right now, Hong Kong in many respects, it is actually

0:28:25.817 --> 0:28:30.017
<v Speaker 1>less free than the mainland itself. Certainly it's more dangerous

0:28:30.057 --> 0:28:33.137
<v Speaker 1>for foreigners because we don't know exactly where the line is.

0:28:34.217 --> 0:28:39.937
<v Speaker 1>So yeah, Hong Kong has been smothered by Beijing. And

0:28:40.417 --> 0:28:44.697
<v Speaker 1>also we had mentioned before we brought in North Korea

0:28:44.737 --> 0:28:48.417
<v Speaker 1>to the conversation. We don't hear that much about North

0:28:48.497 --> 0:28:51.337
<v Speaker 1>Korea these days, and we didn't during the Trump administration

0:28:51.417 --> 0:28:57.457
<v Speaker 1>because of the the outreach, the discussion conversations between Kim

0:28:57.537 --> 0:29:02.457
<v Speaker 1>Jong un and then President Donald Trump. What is North

0:29:02.537 --> 0:29:07.497
<v Speaker 1>Korea up to right now? Has a situation deteriorated when

0:29:07.537 --> 0:29:10.897
<v Speaker 1>it comes to US interest which really are in Japanese

0:29:10.937 --> 0:29:15.817
<v Speaker 1>and US interests in the region. Jesion pain keep North

0:29:15.897 --> 0:29:18.777
<v Speaker 1>Korea ready at a moment's notice to cause trouble, to

0:29:18.817 --> 0:29:23.697
<v Speaker 1>throw the international community off balance. What's going on? First

0:29:23.697 --> 0:29:27.617
<v Speaker 1>of all on their missile program and their nuclear weapons program.

0:29:27.817 --> 0:29:32.417
<v Speaker 1>Those are proceeding, and you know the Biden North Koreans

0:29:32.417 --> 0:29:36.897
<v Speaker 1>will fire off intercontinental ballistic missiles. Those are violations of

0:29:37.097 --> 0:29:43.337
<v Speaker 1>UN Security Council resolutions, and we complain about it. Over

0:29:43.377 --> 0:29:46.337
<v Speaker 1>the last one we call the Security Council meeting, we

0:29:46.377 --> 0:29:51.817
<v Speaker 1>don't do anything. So this really is this is the

0:29:51.897 --> 0:29:56.537
<v Speaker 1>United States. We are not vigorously enforcing our sanctions against

0:29:56.537 --> 0:30:01.577
<v Speaker 1>North Korea, and more important, we're not enforcing our sanctions

0:30:01.577 --> 0:30:06.377
<v Speaker 1>against China and Russia, which is busting those sanctions. You know,

0:30:06.817 --> 0:30:13.137
<v Speaker 1>North Korea relies on exports sales. That remains that they're

0:30:13.177 --> 0:30:17.577
<v Speaker 1>getting dollars China is Chinese banks are laundering those dollars

0:30:17.617 --> 0:30:21.537
<v Speaker 1>through our financial system. Buck We know about this, and

0:30:21.617 --> 0:30:26.817
<v Speaker 1>we do nothing to stop China from doing that. So

0:30:26.977 --> 0:30:30.457
<v Speaker 1>this is shame on us because we didn't allow Pablo

0:30:30.577 --> 0:30:33.697
<v Speaker 1>Escobar to run money through New York, but we're allowing

0:30:33.697 --> 0:30:37.497
<v Speaker 1>the Chinese to do so inside North Korea. Right now,

0:30:38.377 --> 0:30:40.737
<v Speaker 1>they don't have a famine like they did in the

0:30:40.737 --> 0:30:43.737
<v Speaker 1>middle of the nineteen nineties, but there is a severe

0:30:43.817 --> 0:30:48.217
<v Speaker 1>shortage of food. They didn't recover very well from COVID.

0:30:48.777 --> 0:30:52.417
<v Speaker 1>There's a lot that we do not know. But basically,

0:30:52.537 --> 0:30:57.697
<v Speaker 1>Kim Jong un is able to survive and we're not.

0:30:58.017 --> 0:31:01.617
<v Speaker 1>We could, we could affect that situation, but we've decided

0:31:01.697 --> 0:31:04.457
<v Speaker 1>not to do so because after the outreach of diplomacy

0:31:04.577 --> 0:31:07.777
<v Speaker 1>during the Trump administration, Biden has gone back to a

0:31:07.857 --> 0:31:11.577
<v Speaker 1>policy you could generally call strategy patients, which is basically

0:31:11.617 --> 0:31:18.257
<v Speaker 1>ignoring the North Koreans. Gordon, how is China doing with

0:31:18.337 --> 0:31:23.577
<v Speaker 1>regard to COVID right now? I know that they've had

0:31:23.697 --> 0:31:26.177
<v Speaker 1>obviously the most extreme lockdowns of any country in the world,

0:31:26.257 --> 0:31:28.577
<v Speaker 1>stretching back for a long time. But I think people

0:31:28.577 --> 0:31:31.977
<v Speaker 1>were pretty surprised in this country to hear that China

0:31:32.057 --> 0:31:36.457
<v Speaker 1>was still having extreme lockdowns well as of the last

0:31:36.537 --> 0:31:41.337
<v Speaker 1>six months. What's going on? Yeah, China had a zero

0:31:41.377 --> 0:31:44.577
<v Speaker 1>COVID policy, which was a policy meant to prevent any

0:31:44.617 --> 0:31:47.857
<v Speaker 1>transmission of the disease, and it was, as you say,

0:31:48.937 --> 0:31:52.737
<v Speaker 1>the most extreme set of disease control measures anywhere, or

0:31:52.777 --> 0:31:55.737
<v Speaker 1>maybe anywhere outside of North Korea. It's not entirely clear,

0:31:56.097 --> 0:31:59.137
<v Speaker 1>but the point is that they had these large quarantine camps,

0:31:59.177 --> 0:32:02.697
<v Speaker 1>Stanley testing, all the rest of it. On December seventh,

0:32:02.897 --> 0:32:07.737
<v Speaker 1>the National Health Commission in China enacted its ten point plan,

0:32:07.857 --> 0:32:11.817
<v Speaker 1>which was essentially the abandonment of zero COVID, and they

0:32:11.897 --> 0:32:16.977
<v Speaker 1>let the disease rip and even by Beijing's own estimates,

0:32:17.017 --> 0:32:19.737
<v Speaker 1>about eighty percent of the population has now been infected

0:32:19.777 --> 0:32:24.137
<v Speaker 1>by COVID, probably more by the end of this winner

0:32:24.217 --> 0:32:27.297
<v Speaker 1>they'll be somewhere, maybe one or two million deaths. We

0:32:27.417 --> 0:32:33.217
<v Speaker 1>don't know, but clearly this has been China has had

0:32:33.257 --> 0:32:38.057
<v Speaker 1>its COVID epidemic in the beginning and now at the end,

0:32:38.257 --> 0:32:40.177
<v Speaker 1>as we've seen in the last couple of months or so,

0:32:40.977 --> 0:32:43.577
<v Speaker 1>and they'll get over it because this is omicron it's

0:32:43.617 --> 0:32:47.497
<v Speaker 1>pretty mild, but nonetheless China was not prepared for this,

0:32:47.817 --> 0:32:50.457
<v Speaker 1>and the Chinese people are pretty upset at the way

0:32:50.497 --> 0:32:53.457
<v Speaker 1>that the government has handled it. What are the chances

0:32:53.457 --> 0:32:56.537
<v Speaker 1>in your mind, Gordon, that we could wake up in

0:32:57.377 --> 0:33:00.897
<v Speaker 1>a week, a month, a year and Xijing Ping is

0:33:00.937 --> 0:33:04.657
<v Speaker 1>no longer the Chinese premiere for reasons other than his

0:33:04.737 --> 0:33:13.257
<v Speaker 1>own natural health and demise. That's a great question. In October,

0:33:13.337 --> 0:33:16.057
<v Speaker 1>at the twentieth National Congress of the Communist Party, where

0:33:16.137 --> 0:33:19.737
<v Speaker 1>cijun Ping got his precedent breaking third term as General Secretary,

0:33:20.217 --> 0:33:27.177
<v Speaker 1>everyone or almost everybody said that he was unchallenged. Since

0:33:27.217 --> 0:33:32.257
<v Speaker 1>that time, Buck, we have seen reversals of his signature

0:33:32.337 --> 0:33:36.897
<v Speaker 1>policies like common prosperity, zero COVID as we talked about

0:33:38.057 --> 0:33:42.297
<v Speaker 1>crackdowns on certain businesses, and so that has led people

0:33:42.337 --> 0:33:45.737
<v Speaker 1>to believe that perhaps cijing Ping is not as powerful

0:33:45.857 --> 0:33:51.417
<v Speaker 1>or influential as he first thought. The Chinese political system

0:33:51.417 --> 0:33:55.417
<v Speaker 1>has gotten more opaque, if that were possible, So there's

0:33:55.577 --> 0:33:58.777
<v Speaker 1>less that we know about it, and we can only

0:33:58.817 --> 0:34:01.857
<v Speaker 1>guess from these policy reversals that there's turmoil at the

0:34:01.857 --> 0:34:06.337
<v Speaker 1>top of the Communist Party, because otherwise c would have

0:34:06.337 --> 0:34:09.177
<v Speaker 1>been able to enforce his will and make sure that

0:34:09.217 --> 0:34:12.657
<v Speaker 1>his policies we're not reversed. So I think that there

0:34:12.857 --> 0:34:17.137
<v Speaker 1>is a real problem. That he's clearly the most powerful,

0:34:17.337 --> 0:34:22.017
<v Speaker 1>but that doesn't mean he's as powerful as he once was. Gordon.

0:34:22.337 --> 0:34:28.497
<v Speaker 1>Also on the American front, if someone told you right

0:34:28.537 --> 0:34:32.137
<v Speaker 1>now that they were considering traveling to China for you know,

0:34:32.137 --> 0:34:36.857
<v Speaker 1>a US citizen for work or for fun, are there concerns?

0:34:36.857 --> 0:34:40.617
<v Speaker 1>I mean, for example, right now, if someone told me, hey, Buck,

0:34:40.897 --> 0:34:43.217
<v Speaker 1>I want to go to Russia. I've never seen Moscow,

0:34:43.377 --> 0:34:45.497
<v Speaker 1>I want to go to a Red Square, I would say,

0:34:46.177 --> 0:34:50.657
<v Speaker 1>bad timing, don't do it now. Do I think they

0:34:50.457 --> 0:34:54.337
<v Speaker 1>know by the odds would be okay? Yeah, probably, but

0:34:54.457 --> 0:34:56.737
<v Speaker 1>I certainly wouldn't tell a family member or a friend

0:34:56.777 --> 0:35:00.297
<v Speaker 1>of mine. I think it's wise to go. Do you

0:35:00.297 --> 0:35:02.977
<v Speaker 1>have a similar feeling about China right now or our

0:35:03.057 --> 0:35:07.137
<v Speaker 1>relations still strong enough that American businessmen can feel safe

0:35:07.177 --> 0:35:09.257
<v Speaker 1>going over there and not worry they're going to get

0:35:09.257 --> 0:35:14.777
<v Speaker 1>detained for some made up reason. It hasn't been saved

0:35:14.817 --> 0:35:21.097
<v Speaker 1>for quite some time. Buck He remember when President Trump

0:35:22.297 --> 0:35:27.257
<v Speaker 1>sought Canada, asked Canada to detain Mung Wang Joe, who

0:35:27.377 --> 0:35:30.857
<v Speaker 1>was the chief financial officer of Lahwei Technologies, which is

0:35:30.937 --> 0:35:39.537
<v Speaker 1>China's national champion telecom equipment provider. China just grabbed two

0:35:39.537 --> 0:35:43.377
<v Speaker 1>Canadian citizens, the two Michaels as they're called, and detained

0:35:43.377 --> 0:35:46.337
<v Speaker 1>them for no reason at all, And this obviously was

0:35:46.417 --> 0:35:51.217
<v Speaker 1>in retaliation for China complying with our request for the

0:35:51.337 --> 0:35:57.697
<v Speaker 1>tension of Msmong. Just a couple of just a day

0:35:57.777 --> 0:36:03.497
<v Speaker 1>or so ago, on Sunday, we learned that Balfon, Chinese

0:36:03.497 --> 0:36:12.737
<v Speaker 1>citizen of China Renaissance, a very influential tech financier, was

0:36:13.337 --> 0:36:15.857
<v Speaker 1>cooperating with authorities as the way they was put in.

0:36:16.337 --> 0:36:21.337
<v Speaker 1>He disappeared in the middle of this month and people

0:36:21.377 --> 0:36:23.737
<v Speaker 1>didn't know whether he had fled or whether he was detained.

0:36:24.417 --> 0:36:27.737
<v Speaker 1>He's detained, I mean, there's just no law. So if

0:36:27.737 --> 0:36:30.537
<v Speaker 1>they can do that to someone really powerful in China,

0:36:30.577 --> 0:36:33.177
<v Speaker 1>they can do that to an American citizen, and I

0:36:33.217 --> 0:36:36.337
<v Speaker 1>think the State Department should have an advisory on travel

0:36:36.377 --> 0:36:39.697
<v Speaker 1>to China, which is more than just be careful, It

0:36:39.697 --> 0:36:43.257
<v Speaker 1>should be thou shalt not go, because I think that

0:36:43.337 --> 0:36:47.737
<v Speaker 1>it's not possible for US to protect American citizens who

0:36:47.777 --> 0:36:51.737
<v Speaker 1>have been detained in China for any reason. So unless

0:36:51.737 --> 0:36:55.497
<v Speaker 1>you're traveling on a diplomatic passport, I don't think that

0:36:55.577 --> 0:36:59.337
<v Speaker 1>it's safe to go to China. Gordon, last one for you,

0:36:59.897 --> 0:37:04.377
<v Speaker 1>how is the Biden administration doing on China policy in general?

0:37:04.457 --> 0:37:06.897
<v Speaker 1>What's your honest assessment? What are they getting right? What

0:37:06.937 --> 0:37:11.297
<v Speaker 1>are they getting wrong? What are you worried about? It's

0:37:11.337 --> 0:37:15.337
<v Speaker 1>not been one hundred percent awful, but they're not moving

0:37:15.377 --> 0:37:19.337
<v Speaker 1>fast enough and they're still issuing. Just to give you

0:37:19.377 --> 0:37:22.697
<v Speaker 1>an example, you know, they're still issuing hollow warnings on

0:37:22.817 --> 0:37:26.177
<v Speaker 1>providing leadable assistance. As we talked about, that's a real

0:37:26.217 --> 0:37:29.337
<v Speaker 1>problem because let me give you just a little bit

0:37:29.377 --> 0:37:32.977
<v Speaker 1>of historical analogy as to how dangerous this is. You

0:37:33.017 --> 0:37:36.057
<v Speaker 1>remember England and France we're issuing hollow warnings to the

0:37:36.137 --> 0:37:40.457
<v Speaker 1>Third Reich in the late nineteen thirties, and we know

0:37:40.577 --> 0:37:43.777
<v Speaker 1>that in August of nineteen thirty nine, Britain and France

0:37:44.017 --> 0:37:48.457
<v Speaker 1>told Hitler that they would declare war on Germany if

0:37:48.537 --> 0:37:53.377
<v Speaker 1>Germany invaded Poland. We know from the archives that Hitler

0:37:53.377 --> 0:37:55.697
<v Speaker 1>didn't believe Britain and France. He thought he could invade

0:37:55.697 --> 0:37:58.737
<v Speaker 1>Poland and there would be no general war in Europe. Well,

0:37:59.057 --> 0:38:02.497
<v Speaker 1>Hitler was the most surprised person in September nineteen thirty

0:38:02.577 --> 0:38:06.417
<v Speaker 1>nine because he invaded Poland, and Britain and France actually

0:38:06.417 --> 0:38:08.657
<v Speaker 1>made good on their warnings the first time they had done.

0:38:08.657 --> 0:38:12.017
<v Speaker 1>So that's our problem right now. We are the Britain

0:38:12.057 --> 0:38:15.457
<v Speaker 1>in France. Of our decade, we've been issuing all these

0:38:15.457 --> 0:38:19.577
<v Speaker 1>hollow warnings to China Biden administration and not following up.

0:38:19.577 --> 0:38:21.377
<v Speaker 1>And we have and this is not just Biden, this

0:38:21.457 --> 0:38:24.377
<v Speaker 1>is previous presidents as well. We've taught the Chinese to

0:38:24.457 --> 0:38:28.577
<v Speaker 1>ignore our warnings and eventually the Biden administration is for

0:38:28.617 --> 0:38:30.937
<v Speaker 1>the protection of the American people, is going to have

0:38:30.977 --> 0:38:33.257
<v Speaker 1>to carry through on one of them. The Chinese aren't

0:38:33.257 --> 0:38:35.737
<v Speaker 1>going to believe us. This is going to get ugly.

0:38:36.057 --> 0:38:40.457
<v Speaker 1>This is nineteen thirty nine ugly. And so yes, their

0:38:40.537 --> 0:38:43.977
<v Speaker 1>Biden administration has done some good things, like the CHIP restrictions,

0:38:44.017 --> 0:38:48.737
<v Speaker 1>the restrictions on selling chip making equipment. But it's too slow,

0:38:49.257 --> 0:38:51.217
<v Speaker 1>and we are now at a point where the Biden

0:38:51.217 --> 0:38:54.897
<v Speaker 1>administration is not acknowledging how dangerous this world is, and

0:38:54.937 --> 0:38:58.897
<v Speaker 1>it's engaging in policies that in the past have led

0:38:58.977 --> 0:39:03.457
<v Speaker 1>to great tragedy. Get the US The Great US China

0:39:03.617 --> 0:39:07.377
<v Speaker 1>Tech War, Gordon's latest book, also The Coming Collapse of China,

0:39:07.417 --> 0:39:12.377
<v Speaker 1>and follow Gordon Chang on Twitter. Gordon always enlightening. Thank

0:39:12.377 --> 0:39:13.937
<v Speaker 1>you for being with us. Good to see you. Thank

0:39:13.977 --> 0:39:14.697
<v Speaker 1>you so much. Buck