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Maria SnegovayaGuestWill TodmanHost
Igor KhrestinGuest
Joseph KimGuestSo how should the US react? And this is ultimately the question that we're, that we're trying to answer today.
So, um, Igor, I wonder if you could talk us through some of the recommendations that you have in, in your report.
Um, particularly interested in some of the dependence, the piece about dependencies, but, but, um, I'd love, love to share what you think.

Let, let me just g- backtrack a little bit and, and, and share an anecdote, um, and you probably know this, that, that the Chinese also have many times offered the North Korean more cooperation.

I remember visiting the city of Dandong where the Chinese built a brand-new bridge, but the North Koreans never built it on their side because they wanted more and more trade.

I mean, there are competencies they can build and, you know, the others, uh, you know, are dwarfed by that.

Kinda reminds me of the old Cold War anecdote where the Albanian dictator, Enver Hoxha, used to say, "You know, Albania and China have a billion people between them," right?

Um, and we do note that in the report, um, and that, that this is an unequal, again, I'm not using the word aligns, an unequal alignment and, and the China challenge really still is the

Uh, you know, our recommendations, uh, delve into things that I think many of them are already in motion and, and need to be accelerated, which is the critical dependencies we have specifically on China, which is, um, uh, you know, which is rare earths.

Um, uh, and, uh, and we also have a challenge, uh, you know, that could potentially arise, uh, with the fact that, uh, China has designs.

Xi Jinping has openly stated that, uh, he wants to reunify, quote-unquote, "Taiwan," uh, um, by force if necessary, and, uh, Taiwan, uh, is responsible for ninety percent of advanced semiconductors that we use in, in, in many things we need.

Uh, so diversifying, uh, and, and friendshoring our supply chains efforts, uh, that are ongoing.
So how should the US react? And this is ultimately the question that we're, that we're trying to answer today.
So, um, Igor, I wonder if you could talk us through some of the recommendations that you have in, in your report.
Um, particularly interested in some of the dependence, the piece about dependencies, but, but, um, I'd love, love to share what you think.

Let, let me just g- backtrack a little bit and, and, and share an anecdote, um, and you probably know this, that, that the Chinese also have many times offered the North Korean more cooperation.

I remember visiting the city of Dandong where the Chinese built a brand-new bridge, but the North Koreans never built it on their side because they wanted more and more trade.

I mean, there are competencies they can build and, you know, the others, uh, you know, are dwarfed by that.

Kinda reminds me of the old Cold War anecdote where the Albanian dictator, Enver Hoxha, used to say, "You know, Albania and China have a billion people between them," right?

Um, and we do note that in the report, um, and that, that this is an unequal, again, I'm not using the word aligns, an unequal alignment and, and the China challenge really still is the

Uh, you know, our recommendations, uh, delve into things that I think many of them are already in motion and, and need to be accelerated, which is the critical dependencies we have specifically on China, which is, um, uh, you know, which is rare earths.

Um, uh, and, uh, and we also have a challenge, uh, you know, that could potentially arise, uh, with the fact that, uh, China has designs.

Xi Jinping has openly stated that, uh, he wants to reunify, quote-unquote, "Taiwan," uh, um, by force if necessary, and, uh, Taiwan, uh, is responsible for ninety percent of advanced semiconductors that we use in, in, in many things we need.

Uh, so diversifying, uh, and, and friendshoring our supply chains efforts, uh, that are ongoing.
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