This is CBSI on the world.

I'm John Batchel.

The end of 2025 and the Chinese Communist Party's presentation to the world of trade, manufacturing and trade, domination of

certain markets around the world, and in lengthy negotiation with the United States over trade.

I welcome Alan Tonneson, my guru on trade and manufacturing for many years,

observing most recently an article in Bloomberg,

emphasizing China's strengths at year end.

Alan, a very good evening to you.

The presentation makes it very clear that the Chinese market is dominating certain regions of growth that are the future.

And I want to go through them one at a time

and ask for your comment on dominating these particular parts of the economy.

We know in general that China has prospered with the export model.

We make and sell to the world and keep the money and invest it where we will. Not the

consumer model, which is how the U.S. prosper these many years and decades. Our economy is about

70% consumer class. I believe the Chinese are in the 30s and not likely to catch up in this century.

However, on manufacturing, there is China excelling.

At least it did before the reversals of recent years having to do with the real estate market.

So I want to go to the strengths that Bloomberg identifies.

The first strength is important to seize because it's in the news right now.

Rare earth production. The chart that Bloomberg provides shows that China dominates the earth.

That looks to be about 75% of all rare earth out of China, whereas the U.S. and its allies have looked about 10%.

Is that a real number? Can we look at their rare earth domination and say they win? Good evening to you, Ella.

...