I think at the time when Trump and she met in May, I think I was saying that I thought China was now the senior partner in this relationship and uh you know that was somewhat controversial at the time. Some people contacted me to say that that was not the case. I think that's even more the case now than uh at that time.
We are, in some ways, beholden right now to the Chinese factory in order to produce the munitions that we need to defend American interests from China. That's the exquisite problem that we've found ourselves in after generations of building more and more reliance on Chinese supply.
We are living in a technological cold war where there is an iron curtain increasingly developing uh being drawn up between mainly China and the US. And what is clear to me is that increasingly uh Hong Kong is getting looped into mainland China. This I think may be net bad for the financial services sector in Hong Kong which relies on being a crossber hub not just of funds and financing as you know but also of talent and IP.
The U.S. has been the world's dominant military power for so long that we've forgotten what it's like to have a peer competitor. And the scary thing is that China isn't just catching up — in some domains, they've already surpassed us.
3mo ago
Underscored — save the words that stop you in your tracks.
