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James Kynge

๐Ÿ‘ค Speaker
2463 total appearances

Appearances Over Time

Podcast Appearances

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

I've sort of boiled it down to what I consider to be three main areas.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

And the first one I'm rather fancifully calling, you know, the principle of the tiger's front paw.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

because a tiger uses its front paw as its prime weapon because it's so powerful.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

And in China's case, it uses not military or diplomatic muscle as its prime weapon,

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

but economic power.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

And so this crisis in the Middle East is one in which China has to back off in terms of military and diplomatic initiatives and concentrate on its economic power.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

And so in this regard, you've already mentioned China's main priority is to keep the oil

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

flowing through the Strait of Hormuz so that it can keep its cities and factories running back home.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

And it needs to avoid antagonizing the U.S.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

too much in order to avoid economic reprisals from Washington, such as tariffs or other forms of economic sanction.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

Second,

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

I think China always tries to keep its powder dry.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

And in this regard, I'm talking about it strictly prioritizes its crucial theater of focus, crucial theater of interest.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

Iran and the Strait of Hormuz are of course important to China, but China's crucial focus is on the areas around its borders, Taiwan, the South China Sea, and of course, Japan and Korea.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

So China doesn't want to spread itself too thin.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

It can't focus on everywhere all the time.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

The official word for this is periphery diplomacy.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

It's focused on the countries and the regions around China.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

And this has been the case for actually thousands of years.

The Prof G Pod with Scott Galloway
China Decode: China Walks a Dangerous Line as Iran War Escalates

So I think that's the second crucial kind of guiding philosophy that China's diplomacy has.