Gordon Chang

And often corrected by Mike Baker. So, yeah. Thanks very much.

And often corrected by Mike Baker. So, yeah. Thanks very much.

You can thank Xi Jinping for that, because he's causing problems across the board. And you mentioned his 2025 New Year's message, and there's so much in there to talk about, because it reveals, I think, a regime which knows its problems.

You can thank Xi Jinping for that, because he's causing problems across the board. And you mentioned his 2025 New Year's message, and there's so much in there to talk about, because it reveals, I think, a regime which knows its problems.

You can thank Xi Jinping for that, because he's causing problems across the board. And you mentioned his 2025 New Year's message, and there's so much in there to talk about, because it reveals, I think, a regime which knows its problems.

especially starting with the economy, because clearly he says, well, I've got a lot of confidence we'll meet our 5% target, and then talks about a lot of, or at least hints at reasons why he's not going to make target.

especially starting with the economy, because clearly he says, well, I've got a lot of confidence we'll meet our 5% target, and then talks about a lot of, or at least hints at reasons why he's not going to make target.

especially starting with the economy, because clearly he says, well, I've got a lot of confidence we'll meet our 5% target, and then talks about a lot of, or at least hints at reasons why he's not going to make target.

Yes, he's not going to take responsibility. But the problem is that he's a neo-Maoist, and he has a vision for the Chinese economy, which certainly fits in with the 1950s, but is not really taking into account the reality of what's occurring in China right now. What he's doing is he's turned his back on consumption as the fundamental basis for the Chinese economy.

Yes, he's not going to take responsibility. But the problem is that he's a neo-Maoist, and he has a vision for the Chinese economy, which certainly fits in with the 1950s, but is not really taking into account the reality of what's occurring in China right now. What he's doing is he's turned his back on consumption as the fundamental basis for the Chinese economy.

Yes, he's not going to take responsibility. But the problem is that he's a neo-Maoist, and he has a vision for the Chinese economy, which certainly fits in with the 1950s, but is not really taking into account the reality of what's occurring in China right now. What he's doing is he's turned his back on consumption as the fundamental basis for the Chinese economy.

Consumption contributes somewhere like 40% of China's GDP. Most countries 60 to 65, US over 70. But that means that Xi Jinping has only one way to solve a very difficult situation, and that is to export more to the world. That means he's put his fate in our hands. And it also means that we can shut out him from the United States and other people can do that with their countries as well.

Consumption contributes somewhere like 40% of China's GDP. Most countries 60 to 65, US over 70. But that means that Xi Jinping has only one way to solve a very difficult situation, and that is to export more to the world. That means he's put his fate in our hands. And it also means that we can shut out him from the United States and other people can do that with their countries as well.

Consumption contributes somewhere like 40% of China's GDP. Most countries 60 to 65, US over 70. But that means that Xi Jinping has only one way to solve a very difficult situation, and that is to export more to the world. That means he's put his fate in our hands. And it also means that we can shut out him from the United States and other people can do that with their countries as well.

So he's really very difficult position right now. And he's subject to external concerns like no other Chinese leader before. But is that something that...

So he's really very difficult position right now. And he's subject to external concerns like no other Chinese leader before. But is that something that...

So he's really very difficult position right now. And he's subject to external concerns like no other Chinese leader before. But is that something that...

Yes, because we don't have political will. You know, just think about it, Mike. We're not protecting ourselves against Chinese cyber attacks. We've known these going on for decades. We've got the means to stop it. We don't stop it.

Yes, because we don't have political will. You know, just think about it, Mike. We're not protecting ourselves against Chinese cyber attacks. We've known these going on for decades. We've got the means to stop it. We don't stop it.

Yes, because we don't have political will. You know, just think about it, Mike. We're not protecting ourselves against Chinese cyber attacks. We've known these going on for decades. We've got the means to stop it. We don't stop it.