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A Derek I don't particularly won't comment on the dissident situation I want your comment on the stability of the Chinese Government.
Because recently we've had stories of what phone tapping amongst the Politburo members gross corruption even -- Should we be kind worried about the stability of government in the world's second largest economy.
I think we should be worried I don't think that.
Claims that we're about to have a change a two party system are gonna bear fruit unfortunately since the two party system would be much better.
But the Chinese definitely feel besieged they have problems within the party which is always very scary that's the -- -- -- side.
They have economic problems which is people on the street and now they have you know problems with dissidents so -- they've hit the trifecta here so -- -- -- -- -- -- legitimately feel like -- under attack.
Who -- would you make a judgment -- -- would do you see this current government.
With -- Politburo Communist Party exercising and controlling all political power.
Do you see that system continuing for years to come.
Yes unfortunately I do.
And the reason is not that they're not having trouble now they are having trouble.
But the party has shown itself repeatedly admitted to be able to manipulate these situations and keep itself in control.
We can hope that the new government there's going to be a new government new people new people on the -- starting in November.
Is less corrupt is less dictatorial is less brutal but I don't see the party losing power in the next few years what is America's interest.
We obviously have friends and values that kind of thing but -- -- America's interest here.
That's a great question because there's a little bit of a trade off a lot of people would say -- interest and a stable China.
Because a stable China plays an important role in the world economy an important role on the US economy.
Others would say a stable China as an ugly place because the Chinese people are being oppressed by the Communist Party and we want change.
And that disruption would be good ultimately for the US and and everyone else I happen every with a second part there're dangers in the disruption but it needs to happen -- the danger of disruption a change of governmental system.
Would written create real dangers -- the economic relationship between China and America it will be a serious challenge and threat to -- wouldn't.
Yes it would -- that I don't mean to minimize that if if China really goes through a period of sharp instability as I said I don't think that's going to happen but it's possible.
If it happens it's gonna disrupt the US economy for a few years -- China so -- But the long term payoff is huge imagine an open.
Democratic and prosperous China what a wonderful partner that would I understand.
I take -- point in time those are our values and we all should have them.
But the disruption.
Of change would be enormous I think but Derek scissors we thank you for spreading us out on this one -- good to have your expertise thank you so.
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