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China’s Struggling Economy / Critiquing Carter / My First Letter Home from China [China Compass]

FLF, LLC

FLF, LLC

News

4.7957 Ratings

🗓️ 11 January 2025

⏱️ 60 minutes

🧾️ Download transcript

Summary

Welcome to China Compass on the Fight Laugh Feast Network! I'm your China travel guide, Missionary Ben. You can follow me on X (@chinaadventures) where I post daily reminders to pray for China (PrayforChina.us). You can also email me with any questions or comments @ contact at PrayforChina dot us. You can also find easy links to everything we are involved in @ PrayGiveGo.us.

Summary:

First, I take a few minutes to look at China’s current struggles (1:30). Then I take another look at Jimmy Carter’s China legacy (8:03). Next I talk about my first true departure for China 22 years ago this week, and what I thought I was getting into by moving to China for a “year” (26:08). Lastly, I discuss Borden’s adventures in Cairo in January of 1913 (39:11) and William Milne’s Journals from 200+ years ago (46:00).

 

China’s Economic Struggles

https://finance.yahoo.com/news/beijing-subsidizing-everything-microwaves-dishwashers-071203328.html

Interview with President Carter re: China Legacy

https://www.cartercenter.org/news/features/p/china/president-carter-on-normalizing-relations-with-china.html

 

The Millionaire Missionary in Cairo (1913)

BordenofYale.com

https://chinacall.substack.com/p/borden-of-yale-riots-debates-and

The Memoirs of William Milne (200th Anniversary Edition)

https://a.co/d/bALLtAf

 

Pray for China:

Jan 11 - Pray for Xiangtan Prefecture in south-central China's mountainous Hunan Province, and the homeland of Mao Zedong (childhood home pictured). Hunan literally translates to “south of the lake” and is paired with both Indiana and Ohio for prayer: www.PrayforChina.us

For more info…

https://pubtv.flfnetwork.com/tabs/audio/podcasts/30293/episodes/22

https://en.m.wikipedia.org/wiki/Xiangtan

https://www.asiaharvest.org/china-resources/hunan

#prayforchina

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the China Compass podcast. I am your host missionary, Ben, I'm your China Travel Guide, I should say.

0:16.9

You can follow me on X at China Adventures Adventures where I post daily reminders to pray for China, pray

0:25.2

for China.us is the website. You can also email me with any questions or comments at, and this is new

0:33.0

from last year, contact at pray for China.us. Contact at pray for China.us. Contact at pray for china.us contact at pray for china.us that's for

0:42.5

F-O-R you can also find easy links to everything we are involved in at pray give go

0:48.2

dot us pray give go.us I want to start today by taking a few minutes to look at a couple of articles about China's

1:00.0

current struggles, mostly economic in nature.

1:04.0

Then I'm going to look for just a moment at, again, at Jimmy Carter's China legacy.

1:08.0

I want to read a little bit from his own words, answering questions about

1:12.3

his legacy and what he did there many, many years ago, many decades ago now. And then I'm going

1:18.9

to tell a few stories that date back to this time in the year, early January, looking back

1:25.5

in history, my own ministry, and then much, much before

1:28.7

that as well.

1:30.0

The first thing I want to look at here is from the Financial Times, the Financial Times.

1:36.0

I don't really have the link.

1:37.4

It's behind a paywall anyway, but I screenshot it a little bit of the article that it

1:41.2

gave me to look at, and it's talking about China's currency and how it has weakened to what they say is a 16-month low following strong U.S.

1:50.5

Economic data at the time. And China's currency, which is affected by their economy, fell to

1:58.1

7.33 RMB against the dollar on Wednesday.

2:03.6

7.33 against the dollar.

2:06.6

So just to give an example, during our years in China, I forget what year it was during the last 20 years,

2:12.6

the currency, China's currency had strengthened and reached up to about six R&B, RIMB to the U.S.

...

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