PRC: Beijing reels: Alan Tonelson, independent economic policy analyst who blogs at RealityChek and tweets at @AlanTonelson Gordon Chang
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 9 January 2025
⏱️ 9 minutes
🧾️ Download transcript
Summary
https://www.cbsnews.com/news/china-trump-tariffs/
1900s China
Transcript
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| 0:00.0 | This is CBS I on the World. |
| 0:05.8 | I'm John Batchel with Gordon Chang at Gordon G. Chang, my colleague and co-host. |
| 0:09.9 | We go to Alan Tonnes, our guide on manufacturing and trade. |
| 0:16.3 | China's Ministry of Commerce goes to the report at CBS News, said it would impose measures on 28 U.S. entities and would also prohibit exports of dual-use items to the listed companies starting right away. |
| 0:31.5 | This is according to the Global Times. China also sanctioned 10 defense firms over military sales to Taiwan, the self-governing |
| 0:39.7 | island that China claims as its own, adding them to China's unreliable entities list. |
| 0:45.9 | Alan, a very good day to you. |
| 0:47.5 | There's a childlike word that this resembles copycat. |
| 0:50.9 | Is that what this is? |
| 0:51.9 | Good evening to you. |
| 0:54.2 | Happy New Year, John, and happy New Year, Gordon. I have a sense that these new announcements |
| 1:01.3 | from China really really tell us much more about China's weakness, the weakness of China's |
| 1:09.0 | position in the so-called trade war with the United States |
| 1:12.5 | rather than China's strength and China's willingness or determination to retaliate for |
| 1:19.9 | proposed Trump tariffs and recent, of course, Biden administration export controls. |
| 1:26.1 | And the reason is, first of all, there is almost |
| 1:29.7 | no defense trade as such between the United States and China. Certainly, the U.S. China policy |
| 1:38.2 | has been full of reckless and incredibly dangerous folly for decades now, accepting the Trump years. |
| 1:46.5 | But we've certainly been smart enough not to sell them jet aircraft and things of that nature. |
| 1:51.9 | There is more of a concern regarding the dual-use items, that is, mainly electronics components |
| 1:59.6 | and other parts that are useful both for military systems and also for civilian systems, like your iPhone, for example. |
| 2:11.3 | But it's interesting that even though there are some signs that there are way too many Chinese electronics products in particular in U.S. military systems, |
... |
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