This is a CBS, I under the world. I'm John Bachelor, the Scholar Report with CEO

Chris Regal of Scholar.com, a global technology firm with business on all continents,

were headed to Asia, East Asia, with the Secretary of the Treasury Janet Yellen.

Chris, a very good evening to you, As I understand it, Ms. Yellen was to deliver in person a message that is logical, to advise

she Jin Ping and his his counselors not to use excess manufacturing capacity again.

The translation for that I've had is don't be dumping your manufacturing products on us and Europe and our partners in

Europe starting with the EVs. Of course I have not seen in China backing off on its manufacturer of BYD, cheap version,

shipping them to Asia and Europe and South America.

At the same time, I don't have an understanding of high-end manufacturing dumping at the same time.

To your understanding, is China up to the old game nod and smile and then dump?

Good evening to you. Good evening, John. Yes, she

Jin Ping will activate and grow any factory business that he can to sell any

product that he can. The Chinese are in significant need of

capital and restarting or or activating or growing those factories is one way to try to

bring that into country because they have a cash problem.

Once you told me a story that was magical about an underground shopping ball,

I think it was outside or near Shanghai in which everything that is regarded by the

Japanese as high-end elite luxury products handbags whatever you, was available for much mark down because it was all ripped

off, it was all imitation, very good imitation.

Is that market still working and is that still pumping that stuff out into the world and do the Chinese still

regard this as WTO practice?

Yes, John, that one of the largest bootleg markets in China is still activating right underneath one of the natural history museums in Shanghai.

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