WEBVTT
1
00:00:00.070 --> 00:00:01.550
Well, let's go to the Far East.
2
00:00:01.590 --> 00:00:04.150
And who's better to talk about.
3
00:00:03.850 --> 00:00:05.379
It than Gordon G.
4
00:00:05.389 --> 00:00:20.510
Chang? and his Twitter, at Gordon G. Chang, and 24-7
5
00:00:20.750 --> 00:00:23.449
you'll know what the heck is going on. Well, Gordon,
6
00:00:23.829 --> 00:00:26.089
give us an evaluation. A whole week has passed since
7
00:00:26.129 --> 00:00:30.190
we talked. Things any better? I mean, how did the
8
00:00:30.230 --> 00:00:33.270
meetings go, and what is your evaluation?
9
00:00:35.409 --> 00:00:39.109
On the meeting, we will not know for sure for weeks, months,
10
00:00:39.149 --> 00:00:42.859
maybe even years later as information comes out. But as
11
00:00:42.920 --> 00:00:46.200
we look at it from the perspective of today, the
12
00:00:46.240 --> 00:00:49.399
Chinese accomplished what they wanted to do. And so I
13
00:00:49.439 --> 00:00:52.149
guess you have to score it for them. Xi Jinping
14
00:00:52.189 --> 00:00:54.909
really wanted two things. One of them is he wanted
15
00:00:54.950 --> 00:00:58.609
the televised images of President Trump honoring him. The reason
16
00:00:58.670 --> 00:01:00.909
is I think he's got problems back home in the
17
00:01:00.929 --> 00:01:04.799
Chinese political system, and he wanted to be bolstered by
18
00:01:04.859 --> 00:01:08.439
those images. The second thing that he did was he
19
00:01:08.500 --> 00:01:13.329
bought some time. China's been engaged in unacceptable and dangerous behavior.
20
00:01:13.780 --> 00:01:17.299
But while we have dialogue with Beijing, we tend to
21
00:01:17.400 --> 00:01:21.599
postpone imposing costs. And this has been going on for decades.
22
00:01:21.620 --> 00:01:24.909
The Chinese are masterful at it. We keep on playing
23
00:01:24.939 --> 00:01:27.829
this game, and I don't think that we should. Now,
24
00:01:27.870 --> 00:01:30.549
having said that, the United States is in a position
25
00:01:30.670 --> 00:01:34.030
to be indulgent because we're far ahead on all sorts
26
00:01:34.090 --> 00:01:37.019
of metrics. And the United States is a far stronger
27
00:01:37.060 --> 00:01:40.959
and far more stable society. So perhaps we can have
28
00:01:41.019 --> 00:01:46.000
that time in order to see what will develop. But unfortunately,
29
00:01:46.140 --> 00:01:48.760
we don't see China moving in the right direction, especially
30
00:01:48.819 --> 00:01:50.280
in recent years under Xi Jinping.
31
00:01:51.939 --> 00:01:56.510
Understood. I mean, and I guess Xi Jinping got what
32
00:01:56.569 --> 00:02:03.629
he wanted of the president of the United States, you know,
33
00:02:03.769 --> 00:02:08.949
accepting him at the Andrews Air Force Base in And
34
00:02:10.009 --> 00:02:13.770
I guess in Xi Jinping, you know, the Chinese traditionally
35
00:02:13.830 --> 00:02:16.930
have a time on their side and they're saying, well,
36
00:02:17.610 --> 00:02:19.750
Trump is not going to be president in two and
37
00:02:19.770 --> 00:02:22.710
a half years, so let's stay the course.
38
00:02:24.689 --> 00:02:26.979
Yes, but time is on the side of the United
39
00:02:27.039 --> 00:02:32.500
States because our economy is getting stronger. We're advancing our AI.
40
00:02:33.060 --> 00:02:37.340
China has got an unstable economy, one that is deteriorating
41
00:02:37.439 --> 00:02:41.469
fast And I think that essentially Xi Jinping is playing
42
00:02:41.509 --> 00:02:44.530
a game where time is running out for him. Especially
43
00:02:44.590 --> 00:02:48.550
we see the purges in the Chinese military accelerating. And
44
00:02:48.569 --> 00:02:51.710
this is not a good story for China. It was
45
00:02:51.750 --> 00:02:55.069
just reported that the United States thinks that 2027 will
46
00:02:55.129 --> 00:02:58.610
not be the year that China invades Taiwan. I certainly
47
00:02:58.710 --> 00:03:02.969
agree because we can see that the military in Beijing
48
00:03:03.169 --> 00:03:05.530
is just not ready. There's too much turmoil at the
49
00:03:05.569 --> 00:03:08.419
top of the Communist Party. They can back into a
50
00:03:08.460 --> 00:03:11.580
war someplace around Asia, and that's possible at any time.
51
00:03:12.020 --> 00:03:15.319
But they can't launch hostilities by invading the main island
52
00:03:15.360 --> 00:03:19.180
of Taiwan or any other complex military operation for that matter.
53
00:03:20.620 --> 00:03:25.300
Well, I think you're right, too. I mean, it's just
54
00:03:26.020 --> 00:03:28.180
I guess we're just playing the waiting game and see
55
00:03:28.199 --> 00:03:28.639
what happens.
56
00:03:30.430 --> 00:03:33.810
Yes. And this is what we did during the Cold War.
57
00:03:34.129 --> 00:03:38.849
Is China continuing to help Iran in many ways or
58
00:03:39.310 --> 00:03:40.360
they have just given up?
59
00:03:42.090 --> 00:03:44.169
Well, over the last couple of weeks, I don't know
60
00:03:44.210 --> 00:03:48.909
the answer to that question. But over prior to that time, yes. So,
61
00:03:48.969 --> 00:03:52.250
for instance, the targeting data that Iran used to kill
62
00:03:52.370 --> 00:03:56.280
six Americans in Kuwait on March 1, that almost certainly
63
00:03:56.310 --> 00:04:00.680
came from China. Definitely the targeting data that Iran used
64
00:04:00.819 --> 00:04:03.819
on July 17th to kill three Americans in Jordan, that
65
00:04:03.879 --> 00:04:06.680
definitely came from China. And we know from Wall Street
66
00:04:06.699 --> 00:04:10.560
Journal reporting that China has continued to supply dual-use war
67
00:04:10.599 --> 00:04:15.020
material from January through June. There's no indication that that
68
00:04:15.120 --> 00:04:18.019
stopped because we've had these images of these Chinese military
69
00:04:18.110 --> 00:04:22.410
cargo planes landing in Iran during the course of the war.
70
00:04:23.120 --> 00:04:26.040
We'll have to see what happens later on. David Perdue,
71
00:04:26.100 --> 00:04:30.129
our ambassador to Beijing on last Sunday, made it very
72
00:04:30.230 --> 00:04:32.870
clear that the United States has laid down the law
73
00:04:32.910 --> 00:04:35.709
on that. We'll just have to see if China listens
74
00:04:35.769 --> 00:04:36.269
this time.
75
00:04:37.509 --> 00:04:40.180
Understood. Anything else you want to tell the American people
76
00:04:40.240 --> 00:04:41.199
on a Sunday morning?
77
00:04:42.670 --> 00:04:45.050
One of the interesting things that occurred this week is
78
00:04:45.089 --> 00:04:49.310
that China imposed an export ban on fuel, except, of course,
79
00:04:49.389 --> 00:04:52.560
to Hong Kong and Macau. That took me by surprise
80
00:04:52.639 --> 00:04:55.459
because I thought they had been managing their oil well
81
00:04:55.480 --> 00:04:58.279
and that their stocks were large. I don't know why
82
00:04:58.339 --> 00:05:02.160
they're doing this. It would suggest that their inventories of
83
00:05:02.379 --> 00:05:06.779
oil are probably lower than we thought, or it may
84
00:05:06.800 --> 00:05:08.930
be they're just trying to disrupt oil markets in the
85
00:05:08.959 --> 00:05:12.439
run-up to the American midterms. I don't know the answer
86
00:05:12.459 --> 00:05:16.079
to that question, but it can't be good for whatever reason.
87
00:05:16.980 --> 00:05:21.079
Now, you are right. I think you have 30 days
88
00:05:21.139 --> 00:05:25.459
to the election or something like that. And they are
89
00:05:25.639 --> 00:05:29.930
trying to create turmoil. You know, a lot of the
90
00:05:30.029 --> 00:05:35.370
European nations, a lot of the Asian nations. Why? Because
91
00:05:35.410 --> 00:05:39.470
they'd rather have a weaker Donald Trump in Washington that
92
00:05:39.509 --> 00:05:42.670
they can control better. And bottom line, I think we
93
00:05:42.730 --> 00:05:43.389
all believe that.
94
00:05:43.389 --> 00:05:46.889
100%. 100%, John.
95
00:05:48.139 --> 00:05:52.680
Well, Gordon G. Chang, let's see what goes on this week.
96
00:05:52.740 --> 00:05:57.069
And thank you for your input and your love for America.
97
00:05:57.110 --> 00:05:57.769
Thank you so much.
98
00:05:58.970 --> 00:05:59.529
Thank you, John.
1
00:00:00.070 --> 00:00:01.550
Well, let's go to the Far East.
2
00:00:01.590 --> 00:00:04.150
And who's better to talk about.
3
00:00:03.850 --> 00:00:05.379
It than Gordon G.
4
00:00:05.389 --> 00:00:20.510
Chang? and his Twitter, at Gordon G. Chang, and 24-7
5
00:00:20.750 --> 00:00:23.449
you'll know what the heck is going on. Well, Gordon,
6
00:00:23.829 --> 00:00:26.089
give us an evaluation. A whole week has passed since
7
00:00:26.129 --> 00:00:30.190
we talked. Things any better? I mean, how did the
8
00:00:30.230 --> 00:00:33.270
meetings go, and what is your evaluation?
9
00:00:35.409 --> 00:00:39.109
On the meeting, we will not know for sure for weeks, months,
10
00:00:39.149 --> 00:00:42.859
maybe even years later as information comes out. But as
11
00:00:42.920 --> 00:00:46.200
we look at it from the perspective of today, the
12
00:00:46.240 --> 00:00:49.399
Chinese accomplished what they wanted to do. And so I
13
00:00:49.439 --> 00:00:52.149
guess you have to score it for them. Xi Jinping
14
00:00:52.189 --> 00:00:54.909
really wanted two things. One of them is he wanted
15
00:00:54.950 --> 00:00:58.609
the televised images of President Trump honoring him. The reason
16
00:00:58.670 --> 00:01:00.909
is I think he's got problems back home in the
17
00:01:00.929 --> 00:01:04.799
Chinese political system, and he wanted to be bolstered by
18
00:01:04.859 --> 00:01:08.439
those images. The second thing that he did was he
19
00:01:08.500 --> 00:01:13.329
bought some time. China's been engaged in unacceptable and dangerous behavior.
20
00:01:13.780 --> 00:01:17.299
But while we have dialogue with Beijing, we tend to
21
00:01:17.400 --> 00:01:21.599
postpone imposing costs. And this has been going on for decades.
22
00:01:21.620 --> 00:01:24.909
The Chinese are masterful at it. We keep on playing
23
00:01:24.939 --> 00:01:27.829
this game, and I don't think that we should. Now,
24
00:01:27.870 --> 00:01:30.549
having said that, the United States is in a position
25
00:01:30.670 --> 00:01:34.030
to be indulgent because we're far ahead on all sorts
26
00:01:34.090 --> 00:01:37.019
of metrics. And the United States is a far stronger
27
00:01:37.060 --> 00:01:40.959
and far more stable society. So perhaps we can have
28
00:01:41.019 --> 00:01:46.000
that time in order to see what will develop. But unfortunately,
29
00:01:46.140 --> 00:01:48.760
we don't see China moving in the right direction, especially
30
00:01:48.819 --> 00:01:50.280
in recent years under Xi Jinping.
31
00:01:51.939 --> 00:01:56.510
Understood. I mean, and I guess Xi Jinping got what
32
00:01:56.569 --> 00:02:03.629
he wanted of the president of the United States, you know,
33
00:02:03.769 --> 00:02:08.949
accepting him at the Andrews Air Force Base in And
34
00:02:10.009 --> 00:02:13.770
I guess in Xi Jinping, you know, the Chinese traditionally
35
00:02:13.830 --> 00:02:16.930
have a time on their side and they're saying, well,
36
00:02:17.610 --> 00:02:19.750
Trump is not going to be president in two and
37
00:02:19.770 --> 00:02:22.710
a half years, so let's stay the course.
38
00:02:24.689 --> 00:02:26.979
Yes, but time is on the side of the United
39
00:02:27.039 --> 00:02:32.500
States because our economy is getting stronger. We're advancing our AI.
40
00:02:33.060 --> 00:02:37.340
China has got an unstable economy, one that is deteriorating
41
00:02:37.439 --> 00:02:41.469
fast And I think that essentially Xi Jinping is playing
42
00:02:41.509 --> 00:02:44.530
a game where time is running out for him. Especially
43
00:02:44.590 --> 00:02:48.550
we see the purges in the Chinese military accelerating. And
44
00:02:48.569 --> 00:02:51.710
this is not a good story for China. It was
45
00:02:51.750 --> 00:02:55.069
just reported that the United States thinks that 2027 will
46
00:02:55.129 --> 00:02:58.610
not be the year that China invades Taiwan. I certainly
47
00:02:58.710 --> 00:03:02.969
agree because we can see that the military in Beijing
48
00:03:03.169 --> 00:03:05.530
is just not ready. There's too much turmoil at the
49
00:03:05.569 --> 00:03:08.419
top of the Communist Party. They can back into a
50
00:03:08.460 --> 00:03:11.580
war someplace around Asia, and that's possible at any time.
51
00:03:12.020 --> 00:03:15.319
But they can't launch hostilities by invading the main island
52
00:03:15.360 --> 00:03:19.180
of Taiwan or any other complex military operation for that matter.
53
00:03:20.620 --> 00:03:25.300
Well, I think you're right, too. I mean, it's just
54
00:03:26.020 --> 00:03:28.180
I guess we're just playing the waiting game and see
55
00:03:28.199 --> 00:03:28.639
what happens.
56
00:03:30.430 --> 00:03:33.810
Yes. And this is what we did during the Cold War.
57
00:03:34.129 --> 00:03:38.849
Is China continuing to help Iran in many ways or
58
00:03:39.310 --> 00:03:40.360
they have just given up?
59
00:03:42.090 --> 00:03:44.169
Well, over the last couple of weeks, I don't know
60
00:03:44.210 --> 00:03:48.909
the answer to that question. But over prior to that time, yes. So,
61
00:03:48.969 --> 00:03:52.250
for instance, the targeting data that Iran used to kill
62
00:03:52.370 --> 00:03:56.280
six Americans in Kuwait on March 1, that almost certainly
63
00:03:56.310 --> 00:04:00.680
came from China. Definitely the targeting data that Iran used
64
00:04:00.819 --> 00:04:03.819
on July 17th to kill three Americans in Jordan, that
65
00:04:03.879 --> 00:04:06.680
definitely came from China. And we know from Wall Street
66
00:04:06.699 --> 00:04:10.560
Journal reporting that China has continued to supply dual-use war
67
00:04:10.599 --> 00:04:15.020
material from January through June. There's no indication that that
68
00:04:15.120 --> 00:04:18.019
stopped because we've had these images of these Chinese military
69
00:04:18.110 --> 00:04:22.410
cargo planes landing in Iran during the course of the war.
70
00:04:23.120 --> 00:04:26.040
We'll have to see what happens later on. David Perdue,
71
00:04:26.100 --> 00:04:30.129
our ambassador to Beijing on last Sunday, made it very
72
00:04:30.230 --> 00:04:32.870
clear that the United States has laid down the law
73
00:04:32.910 --> 00:04:35.709
on that. We'll just have to see if China listens
74
00:04:35.769 --> 00:04:36.269
this time.
75
00:04:37.509 --> 00:04:40.180
Understood. Anything else you want to tell the American people
76
00:04:40.240 --> 00:04:41.199
on a Sunday morning?
77
00:04:42.670 --> 00:04:45.050
One of the interesting things that occurred this week is
78
00:04:45.089 --> 00:04:49.310
that China imposed an export ban on fuel, except, of course,
79
00:04:49.389 --> 00:04:52.560
to Hong Kong and Macau. That took me by surprise
80
00:04:52.639 --> 00:04:55.459
because I thought they had been managing their oil well
81
00:04:55.480 --> 00:04:58.279
and that their stocks were large. I don't know why
82
00:04:58.339 --> 00:05:02.160
they're doing this. It would suggest that their inventories of
83
00:05:02.379 --> 00:05:06.779
oil are probably lower than we thought, or it may
84
00:05:06.800 --> 00:05:08.930
be they're just trying to disrupt oil markets in the
85
00:05:08.959 --> 00:05:12.439
run-up to the American midterms. I don't know the answer
86
00:05:12.459 --> 00:05:16.079
to that question, but it can't be good for whatever reason.
87
00:05:16.980 --> 00:05:21.079
Now, you are right. I think you have 30 days
88
00:05:21.139 --> 00:05:25.459
to the election or something like that. And they are
89
00:05:25.639 --> 00:05:29.930
trying to create turmoil. You know, a lot of the
90
00:05:30.029 --> 00:05:35.370
European nations, a lot of the Asian nations. Why? Because
91
00:05:35.410 --> 00:05:39.470
they'd rather have a weaker Donald Trump in Washington that
92
00:05:39.509 --> 00:05:42.670
they can control better. And bottom line, I think we
93
00:05:42.730 --> 00:05:43.389
all believe that.
94
00:05:43.389 --> 00:05:46.889
100%. 100%, John.
95
00:05:48.139 --> 00:05:52.680
Well, Gordon G. Chang, let's see what goes on this week.
96
00:05:52.740 --> 00:05:57.069
And thank you for your input and your love for America.
97
00:05:57.110 --> 00:05:57.769
Thank you so much.
98
00:05:58.970 --> 00:05:59.529
Thank you, John.
