TERRIFYING AND SHOCKING AT THE
SAME TIME.
THANK YOU.
>>> GOING BACK TO THE SOURCE OF
THE PANDEMIC, WUHAN, CHINA.
NEW FINDINGS FROM CHINA’S CDC
SUGGEST THAT THE COVID-19 CASES
IN WUHAN COULD BE 10 TIMES
HIGHER THAN THE RECORDED NUMBER.
THIS MEANS UP TO HALF A MILLION
PEOPLE IN THAT CITY MAY HAVE
BEEN INFECTED.
THIS AS AN INDEPENDENT CHINESE
JOURNALIST WHO DOCUMENTED THE
PANDEMIC IN WUHAN WAS SENTENCED
TO FOUR YEARS IN PRISON
OVERCHARGES OF QUOTE, PICKING
QUARLES AND PROVOKING TROUBLE.
HERE TO HELP US UNDERSTAND THE
HEADLINES, STEVE FORBES, FORBES
MEDIA CHAIRMAN.
STEVE, ALWAYS GREAT TO SEE YOU.
YOU AND I HAVE BEEN FOLLOWING
CHINA FOR YEARS.
WE’VE BEEN SEEING THEM
MANIPULATE NUMBERS WHEN IT COMES
TO BUSINESS, STATISTICS, ALL
KINDS OF THINGS THAT HAVE TO DO
WITH THE MARKETS AND THE
ECONOMY.
DOES IT SHOCK YOU THAT IT IS
POSSIBLE THEY MA NIP MATED COVID
CASE NUMBERS TOO -- MANIPULATED.
>> NOT AT ALL.
THE NUMBERS THEY REPORTED NOBODY
BELIEVED WHEN YOU LOOK WHAT
HAPPENED IN THE REST OF THE
WORLD INCLUDING PARTS OF ASIA.
THAT 10 TIMES NUMBER IS SHOCKING
BUT DOESN’T SURPRISE ANYONE.
WE SEE WHAT THEY DID WITH
FLIGHTS.
CLOSED DOWN THE COUNTRY,
ISOLATED WUHAN AND ALLOWED
INTERNATIONAL FLIGHTS TO
CONTINUE AND SPREAD THE VIRUS
FAR MORE AROUND THE WORLD THAN
OTHERWISE.
THIS UNDERSCORES WHAT WE KNOW
AND WHAT HAPPENED TO THAT
JOURNALIST UNDERSCORES
UNFORTUNATELY PRESIDENT XI IS ON
A REAL, SADLY A REAL EFFORT TO
SUPPRESS ANY INTERNAL DISSENT.
THAT EVENTUALLY IS GOING TO HURT
THE ECONOMY.
RIGHT NOW THEY’RE SAYING OH, THE
CHINESE ECONOMY IS GREAT BUT
OVER TIME, IN THAT KIND OF
ATMOSPHERE INNOVATION WITHERS.
ONE THING CHINA HAS DONE IN THE
PAST WAS POLITICALLY, IF YOU
STAYED OUT OF POLITICS YOU WERE
GIVEN A WIDE LATITUDE AND TO BE
INNOVATIVE AND ENTREPRENEURIAL.
THAT IS NOW CHANGING AND LONG
TERM NOT GOOD FOR CHINA OR FOR
THE WORLD.
>> WHEN IT CAME TO PRESIDENT
TRUMP HE TOOK A TOUGH STANCE ON
CHINA.
IF HE WAS REELECTED HE WOULD SEE
IT THROUGH WITH RESPECT TO THE
CORONAVIRUS AS WELL BUT WITH
WITH THE INCOMING BIDEN
ADMINISTRATION DO YOU THINK THEY
WILL HOLD CHINA ACCOUNTABLE IN
ANY BAY?
>> NOT LIKE WHAT WE HAVE
EXPECTED UNDER DONALD TRUMP.
THERE IS OTHER ISSUES COMING TO
THE FORE WITH CHINA.
WHAT WILL THE NEW ADMINISTRATION
DO IF CHINA PUTS PRESSURE ON
TAIWAN AND TRIES TO DO TO CHINA
WHAT IT DID TO HONG KONG?
WE CONTINUE TO MAKE EFFORTS TO
THE SOUTH CHINA SEA
INTERNATIONAL WATERWAY THAN
EFFECTIVELY A BEIJING LAKE?
THERE ARE ISSUES OUT THERE.
THE NEW ADMINISTRATION THE
OFFICIALS SHOULD BE CLOSELY IN
THE SENATE WHAT POLICIES THEY
WILL PURSUE BECAUSE CHINA IS IN
A VERY AGGRESSIVE, BELLIGERENT
MOOD RIGHT NOW.
THEIR NEIGHBORS KNOW IT AND
THEY’RE LOOKING TO THE U.S. TO
BE A COUNTERWEIGHT.
JACKIE: YOU’RE BRINGING UP THE
ISSUE OF HUMAN RIGHTS AND GIVING
CERTAIN FREEDOMS TO THOSE WHO
LEGALLY HAD THE RIGHT TO IT.
IT BRINGS US BACK TO THE CASE OF
WUHAN WITH THE JOURNALIST BEING
JAILED AND THE GOVERNMENT
ESSENTIALLY SAYING THAT THE
CHARGES WERE QUOTE PICKING
QUARLES AND PROVOKING TROUBLE.
IT SOUNDS LIKE WHAT SHE WAS
ATTEMPTING TO DO TO DOCUMENT
ACTUALLY WHAT WAS HAPPENING WITH
THE CORONAVIRUS IN WUHAN AT THE
TIME.
YOU CAN’T DO THAT UNDER
XI XINPING?
>> THAT TELLS YOU A LOT ABOUT
THE REGIME WHERE TRUTH IS A
CRIME.
JACKIE: YEAH.
IT CERTAINLY DOES.
YOU KNOW, THERE IS A LOT WHEN IT
COMES TO THE ECONOMY AS WELL.
I WAS TALKING TO GORDON CHANG
YESTERDAY.
HE WOULD EXPECT NEW
ADMINISTRATION WOULD GIVE CHINA
A SOME SORT OF A GRACE PERIOD
BEFORE IT CARRIES OUT WHATEVER
PLANS THERE ARE.
WE’RE STILL LOOKING AT TWO
GLOBAL ECONOMIES, CHINA AND THE
UNITED STATES THAT ARE
INTERLOCKED HERE, REALLY
INTERTWINED.
ONE ESSENTIALLY AT THIS POINT
CAN’T REALLY OPERATE WITHOUT THE
OTHER.
WHAT PRESIDENT TRUMP WAS TRYING
TO DO WITH HIS TARIFFS WAS, YOU
KNOW, UNLOCK THEM SO THAT WE
COULD BRING MORE JOBS HOME AND
HAVE MORE BOOMING, THRIVING
ECONOMY HERE.
BUT THAT DOESN’T SEEM LIKE IT IS
LIKELY TO HAPPEN UNDER THE
CURRENT LEADERSHIP, OR THE NEW
LEADERSHIP, PARDON ME.
>> WELL IT WAS GOING TO BE
INTERLOCKED WHEN YOU HAVE AN
ECONOMY OF THAT SIZE BUT THE KEY
THING IS, THE NEW
ADMINISTRATION, I ALREADY KNOW
THE ANSWER.
I THINK YOU DO TOO, JACKIE,
PURSUED POLICIES THAT ENABLED
THE AMERICAN ECONOMY TO BE
REALLY STRONG AND INNOVATIVE.
THAT IS HOW WE ULTIMATELY UNDID
THE SOVIET UNION, CREATIVITY,
INNOVATION AND HIGH-TECH CREATED
UNDER RONALD REAGAN IN THE
1980s AFTERWARDS.
IF WE DON’T CREATE THAT KIND OF
ENVIRONMENT THE WORLD WILL
CONCLUDE THE U.S. IS A SPENT
POWER.
THESE TIMES COMING UP WILL BE
FRAUGHT WITH POTENTIAL DANGERS.
THE REPUBLICANS NEED TO HAVE
THEIR GAME UP SO THE AMERICAN
PEOPLE ARE AWARE OF THIS SO WE
INVESTIGATE THAT WITH
INVESTIGATIONS IN THE MEANTIME,
BUT WITH THE 2022, 2024
ELECTIONS.
IT IS NOT OUR SECURITY AND WELL
BEING.
IT IS THE WORLD’S SECURITY AND