Is China Sending an Ultimatum?

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Transcript

00:00Fred, how do you see this? Is the U.S. receiving that message? Is this an ultimatum?

00:06It's a pleasure to be here. I don't see this as a new world order. I see President Xi and Putin

00:10responding to a very dominant American president and trying to counter this influence,

00:16maybe knock him down a peg. The Shanghai organization has a reputation for

00:21PR events and issuing press releases, but really not doing anything. And I think it's clear that

00:27although many nations want to have good relations with China, they don't want a new world order,

00:32especially one led by the Chinese Communist Party, which would be bad for their freedom.

00:36It would be bad for their economies. So this is all good optics. I think it represented a number

00:42of states that were trying to get leverage against the United States and trade deals,

00:46especially India on tariffs. But this most certainly does not represent a new world order

00:51or a world order led by China.