A leading Chinese professor gave a speech in China on live television in which he bragged about being able to fool foreigners and how China’s $3 trillion in foreign exchange reserves could be used to achieve power. And he also hinted darkly that China has friends at the top of the American financial establishment who help China achieve its objectives inside the United States.
The video went global, and I saw it, but then it was taken down. But not before it could be translated into English. Here it is. Thanks to Jennifer Zeng. The good professor also makes clear that China is aiming for dominance in the world.