S8 Ep896: Elizabeth Peek analyzes the Trump-Xi summit, noting China's economic "shambles" and demographic crisis. She argues that the U.S. remains the dominant global power in energy, AI, and overall economic strength. (2/16)
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 20 May 2026
⏱️ 9 minutes
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| 0:00.0 | I'm John Batchel with Elizabeth Peake, and the meeting in Beijing, the conversation between two world powers. |
| 0:22.3 | However, a detail that Liz writes up in her most recent column, guess what? The U.S. is leading an |
| 0:28.9 | AI. In fact, an invented AI, it continues to invent AI, so much invention that they're in |
| 0:33.7 | courts now arguing about who gets what of what, of the invention of AI, and |
| 0:38.4 | the U.S. is leading in energy, we're an energy superpower, and the U.S. as an economy that doesn't |
| 0:44.8 | get bothered by the price of gasoline. We just keep racing ahead. Okay, Liz, what did Beijing |
| 0:49.9 | have to offer? Well, so my take, everyone has sort of written off the summit between Xi and Trump |
| 0:58.0 | as a non-win for anybody. They think it was unproductive. It didn't meet expectations, et cetera, |
| 1:04.5 | et cetera. And my take is a little different. Started out, of course, was Xi making bellicose threats |
| 1:10.4 | about Taiwan. Don't get near Taiwan. |
| 1:13.5 | You know, we're going to, we would take that very much, very seriously. It would disrupt our |
| 1:17.6 | relationship, et cetera. I think that was totally a smokescreen. The United States has no |
| 1:22.0 | interest in getting involved in Taiwan. And I don't think that China has any interest in |
| 1:26.2 | taking over Taiwan. Robert Gates just came out |
| 1:28.5 | in the last day or two and said the same thing. China has their hands full. They're dealing with a lot |
| 1:35.0 | of issues inside the country. Why would they basically attack their neighbor where that neighbor |
| 1:41.1 | is still the source of enormous chips and other products that they want. |
| 1:46.3 | So I don't think that. I just think Xi had to talk to Chinese people about the fact that they |
| 1:52.2 | are losing geopolitically. If you think about what's happening in Venezuela, where, by the way, |
| 1:56.6 | China used to get a lot of its oil, in Cuba, one of its great allies in the Western Hemisphere, |
| 2:02.0 | in Iran where, like it or not, the Trump administration has pretty much destroyed their military |
| 2:07.3 | capabilities. Even Russia, their final ally is struggling. You know, there are sources now saying |
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