He speaks with a frankness that we should actually be grateful for because it enlightens us and hopefully propels us to take action. To Huang, as he makes very clear, The trade war that is ongoing is a fight to the death, an inevitable outcome in a fight between two systems. Paraphrasing Mao Zedong, he urged Chinese business people to shed their illusions and prepare for struggle. China is the rising power. The United States is the aging hegemon, and China's rise will be sustained. (04:15–04:23)
CLAIM
Asserts that the trade war is a fundamental conflict between two systems.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
