Steve Bannon Discusses The Three Priorities for China and How They Conflict With U.S. Economic Interests…

Steve Bannon appears on CNBC to discuss the economic objectives of China and how President Trump and USTR Lighthizer are confronting three very important convergences.

Bannon does a good job outlining the three Chinese priorities: ¹One-belt, one road; ²Made in China 2025; and ³Huawei 5G rollout; and how those efforts conflict with U.S. interests.

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This entry was posted in ASEAN, Big Government, Big Stupid Government, China, Decepticons, Deep State, Donald Trump, Economy, European Union, Japan, Legislation, media bias, President Trump, Uncategorized, US Treasury, USA. Bookmark the permalink.

76 Responses to Steve Bannon Discusses The Three Priorities for China and How They Conflict With U.S. Economic Interests…

  1. abdiesus says:

    woo-hooo! Go Wolverines!

    Liked by 3 people

    • bertdilbert says:

      For the right donation to the Clinton Foundation, China could have gotten anything they wanted. We came that close.

      Liked by 9 people

      • Bill Clinton sold us out to them during his two terms…. he did this and George W. Bush didn’t stop it.

        Liked by 7 people

      • Orville R. Bacher says:

        The Clinton Server was China’s Open Door to U.S. secrets. The Clinton’s always fancied themselves as elite Globalists first and Americans second.
        30,000 bleached e-mails, smashed smart phones. Don’t ever give these Clinton China butt-kissers the benefit of the doubt.
        They sold out American and are proud that they did.
        If the Democrats succeed in stalling Trump, then American’s can forget about learning Spanish. Cantonese and Mandarin will be necessary to communicate with our Chinese Overlords. Kowtow !

        Liked by 3 people

    • lftpm says:

      To find out who rules you, determine who it is that you cannot criticize.

      Bannon criticises China. Ergo, China does not rule us. Whom is he failing to criticise?

      Looked at another way, who was it who decided to finance China’s transformation from an agrarian society to an industrial powerhouse? Who was it who decided to collapse American industrial production and transfer it to China?

      Answer: You have to figure it out for yourselves, but it probably wasn’t Mao Tse Tung or Deng Zhao Ping, much less Xi Xinping. Without “selective financing” China’s most valuable product would probably today be rice.

      Liked by 3 people

      • PoCoNoMo says:

        Who are you, Q? You may as well end the suspense, because I’m not sure what you’re gettin’ at. Sorry if I’m too clueless…..

        Liked by 2 people

      • So you’re saying the financiers of China for the last few decades are responsible? Commonly referred to as the New World Order (Globalists). Who are they, lftpm? The World Economic Forum that meets annually in Davos, Switzerland?

        Like

      • Herbert Kroll says:

        Well, in Europe it has become a sin to criticize the Dems. Let’s see what happens now Loretta Lynch is under under investigation.

        Liked by 1 person

      • Mandy says:

        If I understand you correctly, lftpm, you’re saying the group of rulers which can’t be criticized provided early ‘selective financing’ to China, at the point where they began their transformation from agrarian society to industrial powerhouse. Is that about right? I tried to find out which bankster filth backed them initially but didn’t find anything specific on who was loaning them funds. Perhaps since they were a closed economy they funded it themselves (you know, something along the lines of the way Hitler turned post WWI Wiemar Germany around in what (I think) remains to this day THE most rapid turn around of any economy in history)?

        In trying to find data on financing, I came across this St. Louis Fed piece – it’s pretty interesting:

        https://www.stlouisfed.org/publications/regional-economist/april-2016/chinas-rapid-rise-from-backward-agrarian-society-to-industrial-powerhouse-in-just-35-years

        I cannot recommend enough that y’all take a look, especially at the section called “China’s Path”.

        IT IS STUNNING. A few tidbits for those who don’t click links:

        1978 -88: “The number of village firms increased more than 12-fold (from 1.5 million to 18.9 million), village industrial gross output increased more than 13.5-fold (from 14 percent of gross domestic product, or GDP, to 46 percent of GDP), village peasant-workers grew to nearly 100 million by 1988, and farmers’ aggregate wage income increased 12-fold.”

        1988 – 98: “During this period, China became the world’s largest producer and exporter of textiles, the largest producer and importer of cotton, and the largest producer and exporter of furniture and toys. … Village industrial output grew by 28 percent per year, doubling every three years (an astronomical 66-fold increase) between 1978 and 2000.”

        1998 to now: ” In all, 2.6 million miles of public roads were built, including more than 70,000 miles of express highways (46 percent more than in the U.S.). Twenty-eight provinces (out of 30) have high-speed trains (with total length exceeding 10,000 miles, 50 percent more than the total for the rest of the world).”

        That is … really UNREAL growth….

        Like

        • No doubt funded in large part by the massive transfer of manufacturing that flew out of this country by the tens of thousands of plants & manufacturing facilities. My God…. it is appalling what our government and politicians negotiated and allowed to happen. While they enriched themselves for pennies on the dollar. They took millions while we lost trillions. And all these ASSHOLES act like they’re so superior to all of us. George Will spoke for the Elitists, referring to Donald Trump as a thoroughly vulgar man… We The People, Hillary’s basket of Deplorables…. while these imbeciles gave away their souls and our way of life to China.

          Like

        • mutantbeast says:

          Maybe the better description might be International bankers, most of whom have no allegiance to anything other than there own pocketbooks.

          Like

  2. Neil M. Dunn says:

    Bannon mentions “Committee on the Present Danger” near the end of the video. I googled it and Bannon is part of the 4th rendition formed this month.
    https://en.wikipedia.org/wiki/Committee_on_the_Present_Danger

    Liked by 2 people

  3. It’s just about time to wrap the 25% tariffs around Mitch McConnel’s . . . oops, I mean China’s neck. Unfortunately, this will be the only way to really get through to Mitch McConell . . . oops, I mean China’s leaders. It will involve some temporary pain for U.S. citizens, but Mitch – I mean, China – aren’t ready to accept reality yet.

    Liked by 6 people

  4. The world’s non-Socialist Nation States have a simple choice:

    • Disentangle from China before its too late to GROW FREE TRADE with America
    … or
    • Succumb to China and SUFFOCATE as a VASSAL STATE.

    Liked by 6 people

  5. deepdivemaga says:

    Great interview. Steve nails it. China is playing the long game here and the media, the left, and the vast majority of all American peoples are too focused on muh Russia.

    Liked by 4 people

  6. montanamel says:

    I was thinking the same thing…. Wonder how long this “good will” with China will be carried?
    Wasn’t something said or alluded to as to “end of March” or so???
    This added tariff may just be the shove that is needed to unseat the fat panda, eh?…
    Wonder what the price of those “promised Soy Bean” purchases is today, vs yesterday, eh?

    I, too, agree…..not enough pain being felt by panda/dragon, yet.

    Shutting down the border, “tightly”, with Mexico is going to be felt by China too… very soon, NAFTA falls off the bus and if nothing is there to replace it…..then, we return to PRE NAFTA which Pres Trump has expressed as “just fine” and “OK” – since such a position plugs all those “loopholes” anyway!… Not to mention, it also stops most of those “special zones” along the border for “work” vs “location” vs tariffs and taxes.

    This is going to be a very interesting week coming up… I see PT says those 3 countries in Central America have lost their funds as of now…Maybe we ought to just take over maybe 50 miles of Mexico at that southern border…new “no mans’ land”… lots of mines and hungry croc’s…. I’m sure we could use some added land for our sniper schools, eh?.. The Rangers haven’t had their playground in Panama for many years now….maybe their school and qual course could use a few hundred sq miles for some live fire areas….nothing like getting back to nature, eh?.. Check-6

    Like

  7. Bannon served up two key insights:

    • His group and others are serving as [Paul-Revere type] HAWKS to AWAKEN the WORLD.

    • President Trump is masterfully striking a DELICATE BALANCE to DRIVE China to CHANGE.

    IMO, POTUS is also BUYING TIME to ALLY-UP and PREPARE for BATTLE on every FRONT.

    Liked by 7 people

    • Beenthere says:

      I agree. Also, to me that was why Trump did not impose the additional 25% tariff. The Made in USA isn’t ready to replace Made in China products.

      Liked by 1 person

    • GSparrow says:

      Glad to see that Bannon has recovered from his past’s forced errors. He seems better and more insightful than ever and it would be a positive if he and Trump had a rejuvenated and cordial relationship once again. Unity is as important as ever in 2020.

      Liked by 2 people

    • MaineCoon says:

      Thank you for posting this video Mo. It is well worth watchimg. Bannon did an excellent job.

      Liked by 1 person

  8. annieoakley says:

    My neighbor just finished her MBA @50 + years and asked me what I thought about one belt one road. I just said something like it is good for China only and the rest of us will suffer. Nice lady but totally brainwashed by Communist professors. I miss my Mom. She was a huge Trump supporter.

    Liked by 8 people

  9. Mo says:

    Yes BK we are biding time. I think the President is just trying to let the rest of the so-called “liberal” world order wake up to the imminent danger of economic entanglement with the CCP & give some of the multinationals time to move their supply chains out of China. They’ve been waging unrestricted warfare against Us since the 90’s when we stupidly let them into the WTO.
    A reckoning is coming there is no way around it.

    Liked by 1 person

  10. I watched this series on the Smithsonian Channel, “China From Above.” By the end of it I realized how dangerous a threat China is to us. China’s admittance into the WTO and being granted Most Favored Nation Trading Status are the most national suicidal decisions ever made by U. S. Presidents. Bill Clinton negotiated all of this…. and George W. Bush didn’t stop it. My God!

    https://www.smithsonianchannel.com/shows/china-from-above/1005432

    Liked by 6 people

    • You can see where the massive wealth they pulled out of our country went. It’s staggering.

      Like

    • GB Bari says:

      Makes me wish Nixon had never gone to China.
      Our leaders have not been the best and brightest among us, only the most priviledged and favored by the global elites.

      Which makes me wonder how the globalist cabal based in London and Brussels feels about the rise of Communist China. Do they realize that they will not survive if/when the PLA takes over?

      Liked by 1 person

  11. 335blues says:

    Thus it follows that Diane Feinstein has apparently been spying for commynist china for the better part of 20 years.

    Liked by 6 people

  12. sundance says:

    Liked by 8 people

  13. AnotherView says:

    China is a threat, and appears to want to be the global economic power. It’s quite appalling what they did to the Uyghurs in order to get them off their land so China could take control of the rich resources in their area. Mao took control of the Uyghurs district in 1949 but under Xi Jinping the area has rapidly transformed. The native population was immediately marginalized. Police daily monitor everything, and anyone caught with anti-China propaganda seems to disappear, never heard from again. Uyghurs are being sent to ‘re-education’ camps and given propaganda treatment. China simply takes what it wants.
    And no 5G for me please–I don’t like the idea of microwaving what’s left of my aged brain.

    Liked by 3 people

  14. The battle of the fake economies.
    China is selling at below their costs to undermine the rest of the world’s producers by massive debt and money creation.
    The US is absorbing the job losses through massive debt and redistribution to provide non-producers to continue to participate in the fake economy, and low Chinese and illegal labor costs help facilitate the consumption urge.
    Both economies persist through momentum and the willing participation of players gaining great wealth.
    It is a corrupt game, each justifying their corruption in national interests…and their own.

    Like

  15. James Street says:

    Commies gonna commie.
    That’s what they do.

    Like

    • mutantbeast says:

      The biggest reason commies always fail is simple. They never develop a consumer market. Doesnt do any good to have factories or produce goods no one can afford to buy. Something even Gulag Ho hasnt figured out eother, Red China might have a billion people, guess what maybe 1 million of them can afford your product.

      Like

  16. thesavvyinvester says:

    PDJT has been a man alone not a sell out, look at all he has to fix…
    *The Chinese are major Battery Suppliers for the E-Car Revolution.
    * We loose that high ground we are screwed.
    * they bought up General Aviation titans: Cirrus, Mooney and Continental Motors. Damn all our capitalist here that didn’t see the value of these companies or the industry as a whole.
    Now this week, Bill Gates and a Bi-Partisan Senate committy finally want to go full throttle Gen 4 / Breeder Nuclear Reactors under the guise of global warming bla, bla, bla. But put that aside, The ChiComs have a major new Reactor design that is coming on line this year, we are so screwed. Take this tongue and cheek. At the beginning of the Obama admin I said if he plays golf for 8 years and does nothing but take the stimulus money and build one Nuclear Power Plant per state (50 total), I’d vote for him in 2012. He did do it, I didn’t expect it. My point is, he put us 8 yrs behind on top of what we were already. Maybe the big club in the Senate is finally realizing we are screwed every which way but Sundays with China and technology and they get that an E-Car Revolution needs a low cost constant source (aka the plants running full throttle at night while you charge your car) and they are finally realizing they better get with it and by extension will give PDJT Trump a win, or we all go under. Can you imagine the Trades / Construction jobs if we get our act together for Gen 4 Reactors? Thank God for PDJT and SOE Rick Perry who gave he go signal for a test Reactor in TN 2 weeks a go or so. These problems of the Industries that China wants to dominate in and by extension go for world domination are frightening. We have our Lion standing against it and Bannon gets it. Can you imagine any of this happening with She who will not be named? We’d already be kaput, at least now we have a fighting chance…

    Liked by 3 people

    • Brian in CA4 says:

      We haven’t commissioned a major nuclear power plant in the USA for over 40 years. Some of the early major plants that were commissioned in the 60s and 70s have been shut down. Just one of these units produces about 1.2GW and runs 24/7 for 18 months before they need planned refueling/maintenance. When you compare how much 1.2GW is to what these silly GE and Siemens windmills generate in total, you should quickly become cognizant of the mass stupidity we’ve engaged in to “go green”.

      Like

  17. GSparrow says:

    China’s ‘totalitarian mercantilist system” has enormous advantages over the USA in several ways. They do not have an opposition party that can initiate Collusion Delusion scandals or other serious impediments to President Xi Jinping’s policies or any other top official in their gov’t. They also don’t have a corrupt media criticizing, distracting and denigrating them every day or a politically biased 9th Circuit where Trump’s enemies can run to in order to sabotage many of his initiatives. They have an obedient court system. He also has very loyal subordinates or they won’t be around long.

    As long as Xi is making wise China first policies, he is free to do whatever he wants. This type of gov’t is despicable to anyone that favors liberty, freedom, rule of law and free enterprise capitalism but in this economic world, China can act quickly and decisively with impunity. Trump’s boldness in taking on this Dragon despite all of his distractions is extraordinary.

    Liked by 2 people

    • GSparrow says:

      The totalitarians also don’t have to worry about a Chinese CoC or well connected Chinese lobbyists with an army of paid politicians on their payroll in China that are trying to depose Xi and subvert his policies while promoting the USA’s interests.

      Like

  18. covfefe999 says:

    Who’s paying Bannon to travel around the world and fashion a new career for himself as an economic expert?

    He’d better not be doing the kind of stuff John Kerry and other Dems are doing, working behind the scenes to work out their own deals that are counter to Trump’s. I don’t trust Bannon.

    Liked by 1 person

    • GB Bari says:

      FWIW, Bannon was apparenty invited to serve on the current iteration of the Committee on the Present Danger, which is focused on the threat posed by China.

      That organization appears to positively support PDJT’s trade initiatives vs.China and they have a long and impressive list of members (I’m sure some of them are globalists and Neocons).

      So some folks in high places thought highly enough of Bannon w.r.t. his knowledge of and efforts to oppose Chinese expansionism and economic bullying.

      Liked by 1 person

    • alonzo1956 says:

      Bannon is brilliant. He is also a Patriot of the first order. I enjoy listening to him speak and he would never undermine the Nation he holds as dearly as POTUS does.

      Liked by 1 person

      • covfefe999 says:

        Apparently he wasn’t much of a patriot when he was working for Trump, that’s why Trump fired him.

        He seems to be leveraging the little time he spent on the Trump team to engage in this new venture. I just pray he’s not going to do anything that is harmful to Trump’s policies and work, like the Dem (or Uniparty) shadow governement with all of those rats like Kerry, Biden, the Clintons, and others making back door deals with people in other countries, including our adversaries.

        Like

  19. Herbert Kroll says:

    So, the Military Industrial Complex decided to change their tactics, if not there strategy.

    Like

  20. rsanchez1990 says:

    Don’t rehabilitate Sloppy Steve

    Like

    • covfefe999 says:

      There is a reason why Trump gave him that nickname.

      I’ve always suspected that Bannon, like so many others who started working for Trump, wanted to run the joint and couldn’t handle that Trump was in charge and Trump was the ultimate decision-maker. Seems like that type of personality is the majority in politics. I’m so glad Trump had so much executive experience prior to becoming President, he wasn’t about to be mowed down by a subordinate.

      Like

  21. “Art of the Deal”…DJT.
    1) NEVER Denigrate your Opponent Publicly…(You draw more Bees with Honey than with Vinegar)
    2) Thoroughly understand your Opponent’s Mindset before Engaging. (Chess Masters Guide to Checkmate)
    ~Little Trivia Here : Bobby (the WEASEL) Mueller NEVER Indicted Bannon directly or has referred Indictments to his LAP-DOGS at the U.S. Atty.’s Off. SDNY even though CNBC has made several accusations as to his involvement with the Roger Stone Indictments.
    CNBC had to “Swallow-Hard” that CROW they had to eat just to even get Bannon to do the interview.~

    Like

  22. BarneyRubble says:

    Henry Kissinger “opened” China. GHW Bush was made ambassador to China. Diane Feinstein and her husband Bloom got China into the WTO. The Clintons took bribes from China in exchange for missile technology and being made most favored nation in the WTO. Obama tried to get the TPP passed which was a backdoor deal for China. Trump stopped the TPP and closed the NAFTA backdoor deal for China which was created by Bill Clinton. The stte of Israel gave China the port a Haifa, Israel. The US Navy now has to leave.

    Time to blokade China and execute for treason all of its agents in the USA incluing the Bush-Clinton-Obama CIA Wall street cartel.

    Like

  23. Pyrthroes says:

    New World Order, gang– what this country needs is more Police State “Social Credit”. China is our friend! As for Putin’s Spetsnaz presence in Caracas– fine body of men, Vlad ole thing! Shame if anything should happen to ’em.

    Reports are that Mde. Coco Loco aka “Compostella” asserts that Amendment XXII (passed 1947, ratified 1951) was a dastardly Republocrat ploy to pre-empt FDR’s fourth term… but how can this be, when FDR himself went on national television in 1930 to proclaim his crypto – National Socialist “New Deal”? Joe Biden, he of the Enquiring Mind, demands to know!

    Like

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