Hey, everyone, it's Andrew Claven with this week's interview with Patrick McGee, the author of Apple and China, the capture of the

world's greatest company, a really terrific piece of journalism about this company.

It matters a lot.

As I understand Donald Trump at the core of his trade policy and his foreign policy is trying

to set up the U.S. to endure the rise of China and to have the U.S. remain the dominant power

in the West. Whether Trump is doing that right or not is another question. But part of that is

to stop allowing or to encourage American businesses to bring American business home and to stop

treating other countries as if they were just states in America.

In other words, we trade with them, but then they block our trade and they don't, they borrow us

from their markets. This is Trump's complaint and what he's trying to stop. But, you know,

the complexity of disengaging from the globalist economy is baffling. And if you want to see it at

its most baffling, you have to read this book by Patrick McGee, Apple and China, The Capture of

the World's Greatest Company. It is an amazingly strange and terrifying story and not at all

what you expect it to be.

Correct me if I'm wrong, but as I read this, for five years, year after year,

Apple poured more money each year into China's chip development

than the American government has poured into American chip development altogether.

Is that a fair way? Not quite,

not chip development. So I'm comparing Apple's investments into China, being 55, no, sorry, now I'm the

one. Okay. So, so 55 billion dollars a year is what Apple was investing into China, according to a

2016 document referring to the prior year. And that May, 2016,

sort of the same period that Donald Trump is running for president on his America First policy,

...