S8 Ep200: Mary Kissel characterizes China's economy as collapsing under Xi Jinping's mismanagement. She highlights the plight of Jimmy Lai, a 78-year-old British citizen imprisoned in Hong Kong, and urges Western leaders to use economic leverage to demand his relea
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 17 December 2025
⏱️ 6 minutes
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Summary
1900 BOXERS
Transcript
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| 0:00.0 | I'm John Batchel with my good colleague, Mary Kissel. |
| 0:07.6 | Her experience traveling with the Secretary of State and her many years in Hong Kong for the |
| 0:13.4 | editorial board of the Wall Street Journal educate her in a way that I can only read in books |
| 0:18.0 | about what is to be done with the threat of the People's Republic of China to the region, to all of East Asia. |
| 0:24.7 | All that is prelude. |
| 0:27.1 | The Chinese miracle has collapsed. |
| 0:30.0 | Those are the facts. |
| 0:31.8 | The deflation is underway. |
| 0:33.4 | Japanification, if they're lucky. |
| 0:35.9 | That's what I'm told. |
| 0:36.9 | That's not me predicting. That's what I'm told. That's not me predicting. |
| 0:38.5 | That's what I'm told and is repeated. |
| 0:40.7 | The financial support that China depended on these last 20 years from outside |
| 0:45.5 | is either going away or is leaving. |
| 0:48.5 | No independent outside investor wants to touch an economy that's in a hole and going deeper, |
| 0:55.0 | chiefly because of real estate, but also because the Chinese Communist Party is like a gangster, |
| 1:01.0 | like the mafia, takes a percentage of everybody's profits. |
| 1:04.0 | That's protection. |
| 1:05.9 | All that is true, and yet Mr. Trump is dealing with them on a trade deal, |
| 1:10.5 | and given the credibility of that trade deal, and given the credibility |
| 1:12.5 | of that trade deal, it may or may not come true. However, the People's Republic of China has |
| 1:18.3 | grown, I'd have to say, quiet and complacent here at years end. And the threat to Taiwan |
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