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Henry Wang

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2025-09-19
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2025-09-19
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  1. And so all the security members have a big majority and General Assembly have a big majority. We should make that happen. So I think reform, this multipolar world, we also need to reform you and to reflect that because the world no longer fits the superstructure does not feed the reality today now.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  2. I think China suddenly would like to do more on the WHO. China has already fulfilled its obligations too. I think the key is really we need to restore the UN authority and principle, particularly the UN Security Council. Maybe we should also reform that too. Maybe we should add G20 members, other 16 G20 members associate permanent member of UN and we should really not let the unilateral single veto be abused. For example, since the founding of UN, Russia used veto 100 sometimes 2040 times US 100 times, China 20 times. We need to really control that. So I think we reform UN to reflect this multipolar world. And in the future, if there's any problem happen, let's send the UN peacekeeping force to do that.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  3. Really reduce their RD budget. And China is forced to do reinvent wheel and resort of waste there. So we see this separation is really no good all on security reasons. We should not oversecurize and we should really display our own each other's competitive advantage

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  4. Mentioned China has 70% of global speed railway, 60% of global 5G networks, 10 largest container ports, seven. They have the infrastructure to So, this is a value chain supply chain for the world, not for China. So made in China is made for the world. I think US only worried about if they cannot make big ships. Aircraft now they go to South Korea to do that now. So they still find a way to do that. But I don't think that you have to depend totally on the manufacture. So if we are living in the pre-trade war era, we buy so much chips from US, 70% of China's energy depends on import. China spends more money buying the chips than China importing energy. So now you say they are not selling to China. the US company losing a big profit center and then they are

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  5. Well, I think we are now in a more intertwined world now, and there's quite a bit of a competitive advantage like David Ricanto mentioned many years ago. So what I think U.S. is still leading, U.S. is very good at inventing innovation. You see Silicon Valley, you see AI. By the way, Jason Huang said half of the AI talents coming from China, US is a big harvester of Chinese talent too. That's why I was saying several million Chinese students went to the United States. I mean, probably half of them returned, still half remain. That greatly benefited the US economy. So what I think that that is really, US is good doing zero to one, maybe China is good at 1 to 100. So all the world 100 university top 50 still in the United States. The reason China did all this manufacturing because I

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  6. Other areas pharmaceutical, and now China also welcome four university come to China to open their branches and doing, I'm on the board of a Duke Kwinsang University in China, which is John Venture between Duke University and Wuhan University. We have so many international students there. And NY Yu Shanghai is operating very well. So we hope to have more global exchanges. I agree with you. There's still more rooms. That's why I think this kind of a talk between China and the US now we see TikTok is almost. Maybe have a deal there, and it's great. So this is the style we should continuously talk and engage and reach agreement and open up further to accommodate each other

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  7. Absolutely. I agree with you. I think China should be more open. And that's why that's our think tank role to promote that. For example, we promote people promoting the visa. Now China has issued unilaterally issued a visa for 40-some countries, now European countries, Australia, Japan, South Korea. I urge also you recommend China to policymakers to open visa for US citizens, for Canadian citizens coming to China free, but also on the trade policy. I think there should be more liberalization continuously. I know that the government is looking at that and the 15th five years plan will probably be even more open. Of course, there's always rooms to improve. I totally agree, and they have opened financial sector quite a long time ago. And as you say, maybe currency, they should be more convertible. And also on the investment in the culture in the...

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  8. Really? I think China still encourages the investment, for example, BYD or CATL. And I know quite a few companies still very bullish investing overseas. There may be sensitive military or rare earth stuff that China may be. Question a little bit, but on the general, I think things are still quite open

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  9. Indonesia, Malaysia, and now expanded to Latin America, most Latin American countries, China is their largest trading partner. And also with Africa, now China lifted all the tariff from African countries' products to come to China. You see a flood of African products coming to China. So I think that probably China doesn't mind. Maybe a little bit belabor enta because the average labor workforce migrant workers age is 43 years old. It's getting old, China. So there's a lot of shoemaking or low income labor cost jobs went to Vietnam, went to ASEAN China really doesn't mind that. China now is focused on the high end now. For example, China is focused on the green power transition. There's no curve.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  10. China's, I think it's pretty comfortable now. I mean, that's why China is more confident. For example, in 2019, when before COVID, US is largest trading part of China. And now US fall into the third place or even fourth place now, because ASEAN become the largest trading part of China since RCEP regional comprehensive partnership agreement. And then that is actually happening because Vietnam become China's fourth largest trading partner now.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  11. That's why we keep extending this seems more, they talk to each other more friendly than talk to Indian, Brazil, and others. So I think they probably realize they're too large as economies. They can really agonize each other. They have to find a way to collaborate.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  12. Airplanes, tank, tanks, everything. So when China started a little bit on that, then US starting to relax on the sale of the chips now quite a bit. So you can see morally it's the same reason. If US doing things in the first term, China didn't respond like that. But now China starting to respond like that. So I think that's why we see quite a few agreement made by US and Chinese officials because China is much resilient now, much stronger, and also US has realized if they really sanction so hard on China, the Christmas shopping season will coming up, their shelves will be empty, and we could, you know, American consumers will suffer and they're not going to hurt.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  13. Yet on that now. So that's one aspect. The other aspect I could say is, for example, US is starting these sanctions on China, for example, forbidden selling the trips to China. So that is really also they called in the Trump administration high fence, small yard and all those things. And there's 1,500 Chinese companies on the U.S. entity list. I mean, maybe China has a dozen or two dozen of US companies, but compared with magnitude of US, it's too much too many over the overuse of the security raises to really restrict all the Chinese companies on that. So that really become a problem. And so that's why China started to say, okay, if chips can be the dual-use goods, right, you can say, okay, can be used for security or military? Same is true for rare earths, right? Rare earth can be making for...

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  14. To lift that sanctions on those deficits anyway, and there's a lot of intertime, but also you have joined $1 trillion trade surplus on a service trade. They are not counting that. And also the calculation about China's export. For example, every phone we made in China, iPhone made here, China probably made labor costs. 80% was made by multinationals if it cars the same. So why you just purely looking at the trade deficit numbers, a lot of money was not made in China, was made by international multinational companies, and they're not sending back to the country. So that's why I agree with President Trump to have more investment back to the US, because multinational made a lot of money in China and elsewhere, but they should really invest back rather than putting the tax havens. So that's why the global minimum tax proposed by OECD has agreed by over 100 some countries, but it's not practiced.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  15. There's quite a few actually. You see one of the things that US was treating the pure deficit as the only reason it started tariff war. I was giving a talk just last April a few months ago at the UN Security Council where they called a special arena meeting in New York. 80 countries represented the UN participated. Where I gave a speech there, I was saying that For example, U.S. only looking at the goods deficit, you know, merchandise deficit. But out of that deficit was maybe 30, 40, 50 percent was produced by multinationals, 30% by US. For example, out of the 400 billion deficit Trump is a levy on China, 300 some billion deficit. He immediately waived 100 billion because a lot of companies made goods in China. Apple has to source the iPhone from India, but it's not enough.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  16. Time. So I'm thinking China publicly could play a more role in the future. But let's solve this Ukraine crisis if the BRICS country peacemaking can happen, not by China. And I'm sure that model could be applied to other conflicts in other regions. China also trying to, you can see Prime Minister Moody and Prime Minister of Pakistan was at the same table a few months after fighting in China. We said Armenia and Azerbaijan president coming to SO summit in Tianjin as well. So probably China is building up its mediating power and peacekeeping power as time goes on.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  17. And China could probably do more in making a peace, promoting peace between Israel and the Palestinians. China also maintained good relations in the past with Israel. So I think that sooner or later probably those countries will realize that we cannot really let just what happened, the Gaza, the humanitarian crisis, the death of thousands of tens of thousands of people, what happened in your living room on a daily basis. I mean, where's the children are dying and all those things? So that kind of justice, where is the justice now? So, of course, there's always problem to start with, but I think we cannot because a two-run doesn't make a right. I really think that we should continue to have this international moral power that United Nations Security Council should really exercise rather than belittle all the time.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  18. Absolutely, you can, you know, this series for the first time. You see China ASEAN Summit at the GCC in the Gulf countries all came to ASEAN. So first China ASEAN GCC summit. And then you can see also the BRICS countries expanding that UAE was there and there's a lot of Middle Eastern countries really coming to China. You also have the Shanghai Corporation Summit recently, you had Turkey, you had the Iranian president, you have a lot of people from that region. So I think China's role does play because China, for example, a few years ago, China clinched the deal between Sawutis and Iranians rather than, you know, we are seeing the current chaos going on. China also causes 14 different fractions of power.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  19. Nancy Pelosi keep reasoning Taiwan, Taiwanese leaders coming to the visiting US. So those probably bothered a bit of ordinary Chinese. But of course, again, we understand, of course, US was a world placement for a long time. But now we see many countries also, the governing model is not working perfectly. We have all the domestic issues. U.S. has it, Europeans has it. All the countries has that. But China, on the other hand, seems maintain a pretty good status and that's also keep lifting people out of poverty. So I think they should give China some credit for doing that rather than, okay, it always should in front of China's doorsteps and you have US parade of military muscles all the time. So that's a little bothering for the Chinese, basically.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  20. And there's half a million husband wife married across the street. And then before Thai even former president of Taiwan, there's six million mainland flooded Taiwan with tourism, sending the money, spending, restaurant, hotels. There was almost integrated already, if not for the foreign interference. So I think the Chinese think, okay, please maybe just let us peacefully unify Germany, you had the East Germany, West Germany unified, and let's also hope North Korea, South Korea unified. So basically they were really looking for less interference on that. So I think that would be greatly improving the region because in the communique that established three communique, China, US have, it says very clear U.S. will not maintain, will just maintain normal time, no official ties. But then we see US officials, parliamentarians.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  21. Because China felt Taiwan is part of China and certainly the people in the US say, oh, China is a democracy, we have to defend that. But China has a Chinese-style democracy, meritocracy. It also works perfect, not perfect, but at least work well for this most populous country in the world. So I think we all have a different governing style, but just because our governing style is with you, and then that's why you need to, because Taiwan, because the reason for protecting Taiwan is Taiwan is a democracy that we have to protect. But I think China can also absorbing that. And China promised that Taiwan no tax to be given to federal government, a lot of autonomy, and China announced that Taiwanese will be free to work in the mainland, no visa needed, no anything needed. We are already 2 million Taiwanese working in the mainland.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  22. Think the biggest thoring point basically that bothered ordinary Chinese that we see the US navies coming to Chinese Taiwan Street or South China Sea or quite often we see airplane patrol in this part of the world We never see Chinese aircraft or Navy go to Hawaii or go to Caribbean you know we never see that but we see the US military person is very strong we had the 40,000 US military personnel in South Korea just neighboring China and another I don't know how many you know it's quite 30 40 000 in property in Japan and we have now in Philippines and then they have also missiles mid range missiles placed there and also they are going to place new missiles in Japan and South Korea so those things are

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  23. Corporation, like a Belgian Road Initiative for the last 12, 13 years, China invests over $1 trillion for 3,000 projects and also furthermore, China has started China Africa economic summit, China, Latin American economic summit, China, ASEAN Economic Summit, and China Central Asia, China Arab Economic Summit. So it's all economic related. And furthermore, and while President Trump is raising 100 some country tariffs, China announced they're going to reduce the tariff of 53 least developing countries tariff zero for coming to China. So you can see the contrast there. So I think China is really providing enough public goods to fill some vacuum US is backing off on development, on the global south, and on the UN system, China, US are pulling out the UNICEF, China is also a big support of UNICEF and so on and so forth. So I think China is doing

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  24. No, I think China is a strong supporter of existing UN system. As President Xi just recently proposed the global governance initiative, I mean, on five points, two or three points he was emphasized, the UN principle of UN, charter of UN, and also we can help to enhance and make it better. But we should not restart. But on the other hand, we see UN also getting quite marginalized and there's a weakening. And, for example, China becoming the second largest donor to the UN budget, close to US, there's almost no difference now. And also when US pulling out of WHO, China committed $500 million to WHO. And when WTO is marginalized, China is working with Europeans to do that. But furthermore, I think China is still the only public big country, one of the largest economies, still proposing economic.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  25. Absolutely. I think that's quite true. I have recently wrote a book about my dialogue with Graham Allison, the finding thing of Harvard Kennedy School, which had become a very good seller in China now, also English-wise. Basically, we find that in our dialogue, we talk about US-China relation as conjunct twins. We cannot separate each other if we want to separate each other. We end up damage ourselves. So that's the given. So we should avoid this trap that grand medicine famously defined. But also, on the other hand, we should also avoid the Kinderburger trap, which means that while new rising power starting to catch up existing number one power, there's a vacuum in the public goods when the US was taking place UK. There's a lot of missing linking points. We got big recession in the 30s.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  26. I think maybe if China can maintain some peacekeeping would be great because China is the largest peacekeeping budget contributor to the UN. China is the largest peacekeeping standing force among the P5 member countries. So if China can do more peacekeeping and also economically, China launched many initiatives, Belt and Road Initiative, China just did the SO summit in Tianjin where the Established SO Bank. They have a BRICS bank, a new development bank. So they're doing all this kind of economic stuff. I think that's how they view the world should be intertwined more economically, business-wise, rather than we are really dividing according to the ideological divide according to democracy versus autocracy and divided by this east or west. So there's many things I think China is thinking a little differently.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  27. Let's have a level playing field, and let's really compete on economic. China now is having 70% of global speed railway, 60% of 5G networks of the world. Out of the 10 largest container ports, seven of them in China also has 30 million college graduates every year. And they have a lot of things that they are doing on their own and also on energy installation, now the electricity consumption is 2.5 times of US, three times of Europe now. And in terms of green power, China has produced 15, 16 million EV cars, total number of 30 million, and they have 16 million charge stations in China everywhere. Very convenient to charge your EV carnal. So I think they want to publicly compete in those areas rather than geopolitically.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  28. You know, ASEAN countries, Southeast Asian, they never stayed anywhere. They never occupy any places. They all returned seven times. It was even earlier than Colombia. So you see, that is really the culture China has. Until now, for the last 40 years, China hasn't started any wars, stand any soldier anywhere or colonize any place or invaded any other country. So I think geopolitically we had this big parade on September 3rd to commemorate the Second World War, but I think China now has produced enough deteriorations so that probably if they are in any hot conflict, they have enough defenses to deter in that. So if we cannot have a nuclear or hot war to mutually assure destruction, then the only thing remain is peaceful competition on the economy, on the soft power, on culture, on the people-to-people exchanges. So I think China wants to really see

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  29. Yes. Well, thank you. I think, but basically China is a large country, of course, but it's basically agriculture. You have 5,000 U.S. history. I interrupt civilization. It's based on agricultural economy. The farmers cultivate along the Yangz River and the Yellow River. And Confucius said, if your parent alive don't travel far away, and then you can only cultivate the land for seasons that they can grow enough vegetables and wheat and grain to feed yourself. So it's really that kind of a culture cultivated a culture of China and they are not really a nation on the horses like Mongolia's. They're going to have expeditions or going to have Kononalize any places. In the Min Dallas, there was a marshal called Zheng had a big expedition trips beyond almost to Africa.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  30. And what else is really an extra safekeeping for the border? And then by having Chinese peacekeeping force there, it will really make Russia difficult to violate that peace border because China has a lot of influence on Russia. Same for India, same for Brazil. So I think that we are in this, we're stuck in this Trump says he started sanctioning again, you're not going anywhere. But I think by adding to the China BRICS element, we probably see a more secure peace that's going to happen.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  31. Putin actually talked to President Xi before his Alaska and talked to Lula, talked to Moody, and talked to the president of South Africa after the Alaska. So I think that I recently seen Hong Kong proposing that let's have 26 European countries' troops placed into Ukraine, but that get very strong reaction from Russia that Putin said, okay, that is the case, then we regard it as a NATO violation or something. So we see that the excuse for Putin to start the war is because the NATO troops approaching Russian border. I mean, after three and a half years fighting, you have a NATO European troops there again. I mean, he will not probably end in that war easily. So I think a more extra guarantee for this peacemaking, in addition to NATO, EU and also US, let's get China, India, Brazil, those largest buyers of Russian energy product.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  32. Well, I think that's probably now the world is, I mean, I was at Munich Security Conference kickoff meeting in Berlin earlier this year with the chairman of the Munich Security Conference. The issue of the report I was discussing on that report called multipolarity. So we are getting the multipolar world. I mean, China certainly become one polar of this multipolar world. And then you can see what happened in the Russian-Ukraine war there. It's getting nowhere. We had Alaska summit. That's why I published the foreign policy two days before the Alaska summit. Basically, I suggest that if US defense secretary, I heard him saying at the Munich Security Conference that they want the peacemaking troops coming from European countries and non-European countries. So what we buy by non-European countries. So I think that

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  33. A joint economical, rather than global securitization, they don't want to see the AUS, they don't want to see the quad. They don't want to see Camp Davia of Korea, Japan, and all those security, or NATO moving to Asia, that kind of a militarized globalization. They want to see more economic globalization.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  34. So business is doing, you know, there are 70,000 US companies operating in China and generating 700 billion revenues here in China. And also Apple make 90% of its iPhone in China and Tesla make 50% of its EV cars in China and Walmart purchase about 60% of its supplies from China. So I think that's probably the compromise in China felt the substantial benefit probably for both Chinese and also American consumers. They are less ideological, but they're more probably on an economic sense that globalization is really bring them a lot of good and benefit. For example, since China, Jonah WTO in 2011, China's GDP has gone up 13, 14 times. When they talk about globalization, they're really talking about

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  35. But in the colonization concept in the Chinese mind is really more referred to the economic globalization because that's the benefit they're getting substantially. For example, 800 million people has been lifted out of poverty since China embraced opening up, basically embraced the globalization. And then you can see China now is the largest trading nation or major trading nation with 157 countries around the world. And also furthermore, China have since the opening up in the last 47 years. China has about almost 10 million students study the board. I mean, almost half of that in the United States. So that means globalization. I think there's a flow of people, flow of talent, flow of goods, connectivities, fast stock market exchange listed with each other.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  36. Well, I think that in China, because it was a late commerce, for example, you see the Globalization in the 19th century, which is Britain invented steam power that led the industrial revolution in the 19th century. And 20th century American invented internet computers and digital is led in the 20th century. I think 21st century Chinese is also coming up now, for example, on green power. China is leading on EVs on the solar panels and also the wind power and all the same.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  37. So now I think also China economy is second only to the US. The two countries have too much independence among each other. And so, you know, because geopolitically we are really looking very bad. And then I think the consensus on both government is that we need to look for some stability because we can't change each other. We cannot wipe, delete each other. coexist peacefully. And that's probably the conclusion we're getting there. And so we have to seek a common ground and coexistence. Even we are having a lot of different views and ideas.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  38. That's right. I agree with you. I think that basically because of this deterioration since the first Trump administration in 2017 and now eight years later, the region does really go down quite a lot already. And because in the 2017, the national security committee of US has put a strategic report. And according China, a strategic rivalry number one, before Russia actually. So we see that since then we had a trade war and the tariff war.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  39. Mr. Gregg, and he actually made an excellent speech there. He said China-US relation now, rather than in the past, I mean, I know that in the past we had a lot of strategic rivalry, but the new head of deputy head of the U.S. mission here in China said, now we should put strategic stability. He's not talking about strategic arrival in maintaining U.S.-China relation. And Secretary Rubio also said that in July. So it's very encouraging to see a thing going on. But that also shows how busy we are meeting older people and talking to older parties and business too.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  40. Turkey from many other countries, quite a member from European countries. And just yesterday with 50 people, IMF representative in China, we have a lot of multinational global media. And also, of course, last night I attended relevant reception. The US embassy hold a reception welcoming the new deputy head of the mission.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  41. We are pretty busy. I just give a few examples. For example, last week I was in Shaman attending September 8th, the 25 annual China Investment and Business Forum and Expo there. The vice premier Hi Feng, who is now in Madrid, talking to his Scott Benson, was there opening up that forum. And so I was speaking as a keynote speaker at one of the BRICS summit conference there, but also just Friday Santavana Govis hold another conference at China International Service Expo, you know, held in Beijing, where there's another 100-some countries come as well. And yesterday we had our 17th monthly VIP launching, and we have 10 ambassadors, from Japan, from

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  42. By the University of Pennsylvania think tank and civil society program. So CCG abbreviation for Center for China Globalization is a bridge. It's a communication platform, dialogue platform, and also it's a research platform for big issues, policy issues regarding US and China, global governance, global economy, and of course global migration. So just to name a few. But since then, we've been doing okay. We had about over 60, 70 people and we've been based in Beijing and Hangzhou and Guangzhou a few places in China. And we've been very active. We're doing 100 events a year. We publish a dozen books and multiple reports. So thank you for asking that.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source

  43. Yes, we actually founded since 2008 actually, right after the Beijing Olympics, you know, at that time, you know, when we watched the Beijing Olympics, the slogan for the Olympics then was one world, one dream. So we thought that actually it's a globalization. And China actually embarked on a globalization year because I think Olympic, Beijing Olympics in 2008 was something that China starting to really look globally. And so that's where we start to find this think tank. First, I have to take a lot of savings. I was doing a lot of business before, but we really want to study this. But I really have found this think tank to kind of combine my experience in a government business and academic. And also, you know, since then, it's 17, 18 years now, and we become one of the top 100 think tank in the world, actually, ranked four times in the top 100.

    2025-09-19 · Odd Lots · Henry Wang on China's Role in the New Emerging World Order · IDENTIFIED FROM THE TRANSCRIPT · source