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China names navy ex-chief as new defence minister - World

BEIJING: China named a former navy commander as its new defence minister on Friday, months after his predecessor was...

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The Journal Editorial Report

these things. janet yellen took out how to chinese leaders and antony blinken did the same thing. does the biden edman assertion have any input to help or hurt the situation? >> yes they do but they are behaving strangely. if you go to the white house website, a couple days ago and posted the new executive order where he declares a national emergency to deal with china but gives janet yellen one year, could increase or decrease what is covered but it reveals american companies don't have to report to the government they invest even in the most sensitive areas of the chinese economy. this executive order is designed to get companies to report and think twice about helping china and the military or ai or home computing

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The Journal Editorial Report

used but they are spending so much money subsidizing green industries, batteries, solar, electric, microchips, most companies are taking these subsidies, a lot of companies, they have become, those companies becoming dependent on the government long-term, tight bond between the government. if it was a democratic government they direct these industries in the direction they want them to go politically. david: we have seen the failure of these policies. ford got to billion dollars of various subsidies for battery plants et cetera and are pulling back on their tv program because it is not selling, republicans are not buying it, government planning doesn't work in the real market. >> they are bleeding money. we had a number of electric vehiclesmakers, busmakers go bankrupt because they do not

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The Journal Editorial Report

people think about every thing. that's not the united states. david: it gets to the idea of woke ideology writ large, not just about adoption but directly smacking up against our constitutional rights. you can't have this woke ideology and all of its elements without violating certain tenets of the constitution. >> this is all portrayed of live and let live, wouldn't have any consequences. in california now, there's legislation being considered that would factor in what your views are on lgbt q issues and that would affect custody decisions so people really could have something import taken away from them if they don't cover the line the government wants. david: vivek ramaswamy we mentioned earlier in the show, his debate with the woman who

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The Journal Editorial Report

the shock affect talking about a collapse in china. the indicators are bad, the youth unemployment was 20% which is why the government of china announced they would no longer provide this number, the property nonpayment is important, the chinese currency, these are negative stories and there's a kind of bulls versus bears interpretation of the chinese economy. this is for the bears, they can now say china is finished, no longer a threat. that has geopolitical consequences, don't have to worry about china as the main threat but the bulls side, i am biased toward the bulls, that china has the reserves, $2

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The Journal Editorial Report

people are being told bidenomics is working. all around them, the household items they use or pay for are more expensive. i have two daughters, they notice you mentioned that 709 a month people are paying more because they notice, you tell them everything is fine they know it's not true. david: you have this extraordinary idea, the way they put their subsidies trillions of dollars, originally the plan was $400 billion, it is $1.2 trillion of subsidies with grand plans of having the government, government bureaucrats and politicians decide what's good for the economy, where that money is best invested rather than business people. does that make sense? >> it makes sense politically. it suppresses the market. some capital gets diverted from things where it might better be

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The Situation Room With Wolf Blitzer

if you don't mind me using that term, hawkish position on china and the threat of china and the oppressive government of china. >> what was the word? >> hawkish. your hawkish position on china, not militarily -- >> oh, hawkish, hawkish, yes, yes. >> you've always been very clear-eyed about the communist regime being oppressive for decades. >> yeah. >> i long appreciated that it's been a year since you as speaker traveled to taiwan, which obviously angered the communist government of china and caused some ripples in asia. the tensions with beijing, the threat of an invasion in taiwan have only increased. how concerned are you about the united states being headed to a war with china over the independence of taiwan? >> well, i have been hawkish about the regime in beijing for a long time since they rolled over students with tanks in

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