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The John Batchelor Show

#PRC: Xi's Secret Speech. @GordonGChang, Gatestone, Newsweek, The Hill

The John Batchelor Show

John Batchelor

Arts, Books, News, Society & Culture

4.52.8K Ratings

🗓️ 10 October 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

#PRC: Xi's Secret Speech. @GordonGChang, Gatestone, Newsweek, The Hill

1930 Shanghai

Transcript

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That's Better Help H-E-L-P.com.

0:30.0

This is CVS, I on the world, I'm John Bachelor.

0:37.0

Financial Times reporting from London.

0:40.0

China's foreign investors hope stimulus will end, quote, deep winter, subhead.

0:46.2

International backers of Chinese equities want package to be accompanied by

0:50.9

fiscal spending and reforms.

0:54.5

Gordon Chang, at Gordon G. Chang, my colleague and co-host, Gordon, foreign investors.

1:00.6

My understanding over these last several years is that the foreign investment such as it is

1:07.8

made a decision that China was no longer the paradise of the early part of this century and pulled the money out.

1:14.8

Not only the investment money in the markets, but I mean investment in expanding their businesses

1:21.0

such as Deer and Caterpillar and

1:23.2

Pepsico and Google into China. Even Apple has been

1:27.2

inhibited in some fashion over these last years. That's also

1:30.9

foreign investment. But in order for China to maintain its ambitions to be the world's greatest economy or

1:38.3

certainly appear to the US, they need to attract money from outside. That is how the United States became

...

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