LARRY KUDLOW: Emperor Xi is ruining China

My radioman girlfriend recently asked. If I had somehow call to mediate Commercial Dispute with Communist China and America … What would I do?

I answered. Immediately resign the position and get another job.

Why am I so pessimistic?

Since I have worked for more than two years since I was in the first term of President Donald Trump as the director of his national Economic Council, I am part of the Chinese trade team.

We seemed seemingly endless to meet with our Chinese colleagues, and I learned that they are impossible.

Indeed, all the exercise did nothing.

Our team leader was a brilliant Bob Lvadtor, who served as a US trade representative and taught me so much to unfair commercial practice, especially China.

And Mr. Light is taught me how important the entrepreneurs and knowledge of America’s leading technologies and their knowledge and their intellectual property were.

He produced a book about this, which was also an unbelievable eye to see how China is the world’s leading in intellectual property theft. And the world leader in the transfer of forced technology.

So many people do not understand that almost all American companies in China actually run the Chinese, because they were controlled by them by 51% or worse. They were the rules set by the Chinese Communist Party.

And the Chinese could force the American company to open their technology as part of the Communist government’s policy.

Therefore, the forced transfer of our family jewelry.

I remember in 2018, we traveled to Beijing for various Chinese leaders for a large Powwow, where there were two honest reformers, and the other dozen Chinese players were robots of Chinese Communist Party.

Trade secretary Wilbour Ross took the leader in the negotiations of the goods and set me to help me.

We spent a whole day through raw materials, farming, food, producers and energy.

We define Chinese import targets and US export targets. And then he was argued about these targets in the next two years.

The Treasury Secretary Mnucini assumed the management of financial companies and the ability of any business of American business in China to actually possess and conduct their companies.

He had some little success, but in general we could never penetrate the Chinese Communist Guard.

Mr. Light was the leader of our team, dealing with great picture items, such as intellectual property theft and millions of other things he and his trade.

We met with Chinese delegates in Washington, DC did not even make progress anywhere.

Gradually, over time, we reached some parameters that became known as US-China Stage 1 commercial transaction.

At the end of 2019, at the G-20 meeting in Buenos Aires, we had more meetings with the Chinese, and finally a big banquet dinner, where we were led by President Trump and the Chinese.

I remember the first first question Mr. Trump asked Mr. XI. You can stop the fentanill trade, and you will make fenthany suppliers that are subject to punishment. And without bathing, Mr. XI immediately said “yes.” Of course he was lying.

Stage 1 was signed in January 2020, very Ballyhoo. The Chinese never did it.

Even when the signing ceremony went to the White House, China was desperately trying to cover their country, from Wuhian to the laboratories before the world’s spread and killing millions of murder. We lost more than one million Americans. A terrible tragedy.

China has never recognized it, and so far the virus continues to deny their Wuhan Lab.

But the Chinese began to ignore the so-called second stage trading deal, on the grounds that the puree stopped everything.

But Sovim has mainly gone for several years. However, China continues to theft of its intellectual property, technology, and they completely ignore all digital targets of different products, which Mr. Ross and I helped the craft.

Just a week ago I spent an hour with a good friend whose companies worked in China for many decades. He remains close to all high-ranking officials.

And I suggested that China was more and more under public communist control that the whole society was depressed.

What he told me. You are right.

And then he added: Xi Jinping is much more than China President. He sees himself as the emperor of China. Even with larger powers than Mao Zedong has ever had.

Mr. Xi has an iron handle In all parts of the Chinese society and politics. He does not tolerate any dissident.

That’s why I would never think about the mediation between America and China.

And that’s why Mr. Trump is absolutely right to put the tariff heat Emperor’s economy as Xi JinpingA number

The emperor, whose lasting heritage will end China.