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The Duran Podcast

China prepares for Collective West sanctions attack

The Duran Podcast

The Duran

News

4.4650 Ratings

🗓️ 1 August 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

China prepares for Collective West sanctions attack The Duran: Episode 1975

Transcript

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0:00.0

All right, Alexander, let's talk about what is happening in China.

0:06.0

We have the third plenum of the Chinese Communist Party, and it's not getting much coverage,

0:15.9

but this is a big event, and it looks like China is continuing its economic policies that we've seen

0:27.8

them initiating over the past couple of years and they are continuing their support of

0:34.0

bricks, their support of Russia. And I also, from my understanding, they're working with

0:41.2

India as well to try and fix the issues that they have with India. So anyway, what is happening

0:47.2

in China? A big event. You absolutely, you know, this event has attracted almost zero attention from the international media.

0:57.7

There's been one rather sniffy editorial about it in the Financial Times, but mostly people are ignoring it.

1:04.5

And I think this is extremely unwise because China has the world's biggest manufacturing economy.

1:10.5

It by far, according to the World Bank and the

1:14.8

IMF on a purchasing power parity basis, it is now the world's biggest economy, bigger than the

1:22.0

United States. It is becoming a major power. What the Chinese Communist Party, which remains, you know, the governing party in China decides

1:32.7

and how it's going to try to develop and direct China for the future,

1:39.8

well, that ought to be a major news.

1:42.8

I mean, it ought to be at least there with, say, the US

1:47.9

president's state of the union address. But of course, nobody is paying any attention.

1:53.6

And, well, we've had this meeting. Technically, it is the third plenary session of the central committee, the 20th Central Committee

2:05.7

of the Chinese Communist Party, 20th in the sense that it's the 20th time that the Central

2:11.7

Committee has itself been elected. We don't need to go into the enormous details of exactly

2:17.1

which bodies it was that have announced this.

2:20.1

Suffice to say, this is the CPC's economic and political program for the next 10 years, going all the way up to 2035,

2:31.6

and we can see that they're doubling and tripling down on the economic and political

...

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