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James Kynge

๐Ÿ‘ค Speaker
2305 total appearances

Appearances Over Time

Podcast Appearances

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

So I thought it was really a fascinating insight.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

That's a mystery to me, complete mystery.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

I've tried to do this on many occasions.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

I mean...

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

I think every China journalist under the sun has tried to do this.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

We've all known for decades that many Chinese companies go to the Cayman Islands, register themselves there, and then effectively get kind of carte blanche.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

Nobody knows who they are in reality because they go under the name of a Cayman Islands subsidiary, and then they use that subsidiary as a camouflage to then do whatever they want to do in the world, sometimes buying a company, sometimes...

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

you know, registering stocks or whatever it may be.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

But we have, at least in my experience, it's very difficult or nigh on impossible to get any kind of information on who those companies actually are and then what they did afterwards.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

So kudos to these researchers.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

You know, this seems to be quite groundbreaking to me.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

Well, first of all, I think these two guys, Wei Fenghe and Li Xiangfu, as you said, they are currently, now that they've been sentenced, the most senior Chinese Communist Party officials to be put in prison.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

This is a big thing in itself.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

And as you rightly say, Alice, although the sentence is death, there is this reprieve for two years.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

And in almost all cases, this is then commuted to life in prison.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

But I wanted to look at this also to discuss China's penal system.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

It may not be a very light topic, but it is a fascinating topic, or at least to look at the highest echelon of that system.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

And that is to focus on the jail, the prison that these two former leaders of the Chinese People's Liberation Army will be going to in all likelihood.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

That prison is called Chincheng.

The Prof G Pod with Scott Galloway
China Decode: The Trump-Xi Meeting That Could Reshape the Global Economy

It's on the outskirts of Beijing.