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Could be an opportunity for us to get our -- go -- becoming China's -- author Peter Kunin joins -- right now.
-- house well thank you.
If you look at what China's got to do they want to engineer a soft landing for their economy like you say.
They're gonna have to put up with seven and a half percent growth this year which is a -- to see you believe those numbers and no I think that the Chinese have their government has what you call an aversion to transparency.
And I think you have to pick and choose but.
I think in direction -- there -- softness going on and what they're trying to do is a trifecta.
One they wanna reduce their dependence on exports they've been trying to feed the Euro zone and as -- eurozone flags.
That's a problem second they've got to build their domestic consumption up.
That's really the key.
And finally they have to moderate what's been an explosion in housing prices without letting too much -- out of the balloon.
But as they argue that that hurts us when they have to address any give -- because they're less inclined.
It's -- certainly buy our debt.
At -- levels -- and seeing as we're piling up the debt pretty fast certainly and not these faster bubbles well I think as a relates to buying of our debt you're spot on the opportunity exists so because if they're trying to build the consumer marketplace.
What do we do pretty well we made great consumer goods so you see Ford.
Is doubling down and spend 600 million dollars this year.
Building up their capacity to sell cars and I think our opportunity to sell into that ever expanding consumer market which will be the biggest consumer market in the world.
That's our chance the time to strike with China is now.
When they're a little bit weaker when they're a little bit less certain themselves when they're having a harder time engineering these numbers that work out to seven and a half percent magically you have to be your follow appropriate and they king.
You know of them aren't such as well this is you know -- -- everyone's -- that seems like where this is going but that the truth is if we are clever.
And not a -- we can confront them whether being difficult with -- us and then nevertheless.
Maintain an avenue of the time where we can sell our goods into that market and that's a win for us.
To address again when you -- with the title up a fantastic right recommend I don't know anyone who wants to get the real -- I'm looking at China in adults arms.
The in your face title notwithstanding did you run across.
Either -- others concerned that's a little too strong there -- a lot of people who opposed to strong and and including my -- family at first.
But I think when people look beyond that they saw there was something I've mentioned to you that I just signed a deal with a Chinese publisher.
Who's gonna translated into Chinese and it should come out there.
This scenario Chinese.
I cannot read Chinese selected just it obviously proceeding already painful death -- -- like you -- a little -- no -- daughter will definitely never know.
All right but.
Do you visited China investor community and they didn't poison your try to know -- fact there's a respect that they actually like being known as -- -- negotiator they like being known as a very thoughtful.
Better of their economy.
You know I talked about how they're betting on roads how they're betting on I'm ports military compliment I mean you -- knowledge some of the senate servings it it.
But you did in a way that I think would make them look better -- onto us.
He admires us for candy nests.
We like that.
Yes that's -- didn't kill you we'll probably why they didn't know they can't -- again they will -- well I'm I'm due to go back in a few weeks and so we'll see but I I food tasters I have I will have to.
I'll have to do is behave myself and bring my little package with me -- -- food he kids -- -- a gutsy guy Peter -- indeed definitive book on.
-- -- -- China doesn't care if you're pacifist about it you're more in your state Spartan about it.
This is the time to read.
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