Club Lunch: Kishore Mahbubani’s Take on the Structural Strengths and Weaknesses of the US and China 

Very interesting session. The west should remember that China offered the olive branch but Obama rejected it.

Professor Mahbubani, thank you for another inspiring talk.

Kishore, bravo! The world needs to listen to your perspective.

It’s strange that Australian media never ever invited Mr Mahbubani for interviews or talks. He is like the bulwark of Southeast Asia so it’s only natural that to gauge Asia in the pacific region you need to talk to someone like him!

Thank you Professor Mahbubani. Best wishes. Well done interview. Thank you Mr. Williamson. Best wishes.

Thumbs up for and kudos to Prof. Kishore

Kishore is wrong regarding the fact that China cannot create a Google/Apple. They can and have, they just don't have the incentive or are enormously hindered in the international market by the West and their practices. That is the US advantage, their ability to force the Western world to comply or follow their "trends"

China didn't alienate US businesses. The US government manipulated them to avoid China. China *always* wants to work with businesses around the globe.

❤❤❤❤❤❤✌️✌️✌️✌️✌️✌️The underlining message President Xi, spell out to Jake Sullivan is that you guys always consistent, lying from one Administration to another Administration, always say one thing but doing another provocation.

The reason why the US economy is bigger than the Chinese economy with a much smaller population is because the US can print money as they wish without losing its value with their dollar dominance which allows the FED to play their money game of interest rate.. Imagine that taking away the dollar dominance from the US what could happen to them ? Can the US still be able to compete with China ? Definitely not as it will be a smoothly walk over by the Chinese in any field..

China has been the world's largest economy since 2018 in terms of Purchasing Power Parity (PPP) GDP, which is a much more accurate measure of the size of an economy than GDP. China's GDP comes mostly from manufacturing, whereas thet of the U.S. comes mainly from financial services & increases in the value of financial assets like stocks & real estate. Furthermore, China’s dominance in critical technologies is evident, with the country leading in 37 out of 44 areas tracked. This is attributed to deliberate design and long-term policy planning, as well as the country’s ability to attract and retain top talent. As a result, China is poised to establish a monopoly in certain areas, while Western democracies, including the United States, are falling behind in the race for scientific and research breakthroughs. Finally, in 2021 China produced eight times as many STEM (Science, Technology, Engineering, Mathematics) graduates than the U.S. , and the difference is still growing.

Thank you Prof. Mahbubani. Also thank you the host for inviting Prof. Mahbubani.

Prof Mahbubani did mentioned that US' economy is bigger than China's economy. Agreed. However, he should have mentioned that he might based it in nominal GDP and not GDP PPP because these distinction said a lot and it explained why as he said more people in the US are marginalized due to expensive prices of goods and services. While in China, goods and services are more affordable and citizens have more savings.

The best system is to have a caring, not selfish, not corrupted, strong, capable leader with a team of competent governors / adminstrators! Got it right SINGAPORE

The US economy is larger than China's economy only in nominal terms. In terms of purchasing power parity, China's economy trumps the US economy. I would argue that purchasing power parity is a better measure of economic strength than nominal GDP.

I would disagree with Kishore with respect to his observation about China upsetting the American businesses cohorts. In my opinion regardless of what China would treat them, American businesses cohorts would turn against China. As China's economy develops and upgrades, Chinese manufacturers and businesses move up the goods and services supply chains to compete with the Americans. Therefore, it's natural for American businesses communities to turn against China rather than staying friendly to China.

I watched this channel after I have watched Mr. Mahbubani being interviewed by Mr Gita Wirjawan. Thank you for the Geopolitical knowledge.

Always nice to have him speak and hears his views

Empires generally crash because they are militarily defeated or the ledgers don't add up anymore. The business model of the US based on reserve currency status of the dollar, which allows for big deficits while causing deindustrialization, seems to be at an end. Mr Mahbubani should include this in his considerations.

China alienating American business？ are you sure? I think it's the us who are faning the sinophobia sentiment and frightened their business people in normal collaboration with China.

Fear of the Yellow Peril lives on in White Australia and is one unspoken factor in the bonds between Australia and the USA

Fm Great George Yeo to kishore mahbubahani "try to humiliate others & u yrself will be humiliated"

Thank you Professor Kishore and the host.

Of course, Mahbubani believes in democracy. So do the Chinese. The thing is that democracy comes in different forms. Liberal democracy is based on a system of multiparty elections. Chinese democracy is based on regular consultation with the people. It is quite clear which democratic model works better. Liberal democracy has been failing in the West left and right. Just look at the USA, Canada, UK, France, Germany, Italy, and Japan, for example. Their economies and societies are undergoing significant turmoil. Meanwhile, Chinese society is harmonious and stable. China's economy is forecast to grow 5% this year and 4.5% next year (according to the IMF), far better than all the G7 economies. India's democracy has done the country no favor since going independent in 1947. Taiwan's democracy is a running joke.

I've heard Mahbubani speak before. For the most part, his grasp on the geopolitical and cultural sides of things seems reasonable. However, his opinions here on the strengths of the U.S. economy were shockingly uneducated. The U.S. has not been a real economy, standing on its own 2 feet, since WW2. The only thing that keeps it afloat is being able to force the world to transact in the USD since it, quite literally, went bankrupt in 1970, unable to repay its gold obligations. When you can print money; attract the world's best talent; and control key technologies, it's not surprising that you produce good entrepreneurs. But the shoe is now on the other foot, and even though China can't print money, it can do everything else and better. Agree with the fact that the U.S. is a de facto plutocracy, but it's not a recent occurrence. Any democracy in which your candidates require billions to fund campaigns is a plutocracy since the wealthy donors (read: aristocrats) will obviously only back whoever works in their best interests.

Prof is excellent

China produces 5 million engineers a year, that is 150 million in 30 years, a working life. That is only engineers - and the rest, you have a nation with educated population bursting at the seams. Team this with a country that owns and directs it power to create credit, the most powerful force on earth and add that to their gold backed currency.

Hahaha, the moderator keeps moving pass any anti-US discussion raised by Kishore instead of probing for more like what a decent journalist would do.

China does not see the US as a rival but an equal partner on the world stage. Both have their own brand of freedom. One is more restrained than the other.

Everything or system has a natural development course and whether a particular thing or system can survive depends on how it initiates changes to suit itself to the ever changing environment. America's democratic system has stopped to grow because it has created too many large and powerful interest groups that make the country's redistribution mechanism malfunctioned. The worst thing is that instead of mending their system, American politicians shift the focus to lay the blame to imaginary rivalries. Realistically, a weak China does not necessarily make a strong America.

The general democracy we have in the globe cannot be democratic due to serious corruption. Singapore is one of the exception and has always been accused of being not democratic!

Why is he writing something with his forefinger on the podium table :) Kishoreji is very wise and astute. Always a pleasure listening to him

Fully agreed regarding the strengths and weaknesses of the US.

Good afternoon Dr Kishore ❤️🇮🇩🦾😇👋

India needs to overcome some pretty big problems on its own turf first like caste system, corruption cronyism, education, rape culture & disrespect to women. At current trajectory if China grows by 5%, it will be difficult for India to catch up with it. Maybe US though if it starts to unravel...but India has MANY problems to fix.

Tbh, i kind of agree with everything he said aside from India being on par with U.S and China, bruh for past 10 years India has been trying to reach 5 trillion GDP and still under 4trillion. India has very deep corruption problem. PM Modi wearing hundreds of thousands$ worth of clothes every week, with gold thread. Tbh, i really doubt a PM's income can fund multi-millionaire life style

Lessons for tiny nations. You feel strong leaning on the biggest gangster of the day. The day the gangster is humbled by the world, it's the day you PERISH !!!!!“If a country is small but does not feel humble, if it is small but does not fear the strong, if it is rude and insults its big neighbors, if it is greedy and ignorant of friends, it will PERISH!”

the organized will always defeat the unorganized. If the US wants to win the competition with China, it must restore its organizational capabilities. But the hope is slim.

Lee is a good interrogator with none of the shrill histrionics of most talking heads.

US politicians need to review world history to understand nations rise and fall in cycles despite anyone player's interest or intention to dominate for ever. American exceptionalism is fading due to extreme inequality, shrinking middle class and out of balance military spending.

Elon Muske was born in South Africa

What role had FFCHK taken during the HK rioting in 2019-2020???

Disagree with prof Kishore about potential of India.

The world's biggest debtor is cracking down on the world's biggest creditor. Lawyers are playing Tic-Tac-Toe while engineers are playing GO.

A ‘continuous civilization’ is a pointless attribute - a continuous government is something else. The Egyptians have a 6k year old civilization and the Africans have a 4.5m year old ‘civilization’ - it just means people have found the ground suitable for human habitation 😂. Though Definitely correct on the plutocracy that has been grifted from the American people by grifting welfare corporations and billionaires.

The wealthiest newborn in the world today is a Chinese as this person inherits the wealth of 14 Ancestors due to three generations of one child policy. So China will definitely become rich before it gets old

Thank you

US Democracy: Wyoming population 700k, 2 Senate seats. Wasington DC population 2.4mil, 0 senate seats.

It is a human right and cultural right for some culture to have a tradition the world will come to an end.

I appreciate that Kishore has pointed this out to the face of the so-called journalists in the foreign correspondents' clubs, who are in the same group as the New York Times, Washington Street, and other West media that work on misinformation to smear China. I really hope that they can learn something from the talk with Kishore!

what a beautiful painting in the background. Do you have any information on it?

US leading in innovation, then why does China lead in most fields of future technology?

I had always thought that AFRICA was the oldest civilization... in fact the CRADLE of civilization.

Its already underway that the next few decades will see the fall of Western civilization and Empires (USA). Just remember the old Chinese proverb "Wealth can never last more than 3 generations in a Family". The iteration experiences of a few thousand times in Chinese civilization gave birth to this proverb. When in relation to Empires, Dynasties and Nations, it just last a bit longer depending on how wealth is preserved or spent and speeds up even faster when wealth is squandered away thru wars, corruption, bad governance, unproductive activities and poor leadership. The only hard choice left for those in such a situation would always be a shift in the paradigm of thinking and thoughts or face the possibility of revolution, civil riots and wars hence crumbling it from within.

Turn on incognito

So funny from the last question India? As if you have so much concerns for Indians.

@42:00 huh you can say anything you want in United States??? Try saying something about the fatherless ones and the small hats

kishore mahbubani.. re:the yellow peril.. in may 2019 ex state dept director kiron skinner famously described u. s -china rivalry as 'a fight with a different ideology and the u. s hasn't had that before... she said :china poses a unique challenge because the regime isn't a child of western philosophy and history.. in her most telling comment she said the cold war constituted 'a fight within the western family' while the coming conflict with china is 'the first time that we will have a great power competitor that is not caucasian.. her piece copped a lot of flak n cost her job

India was a selfless country before foreign multinationals, NGOs and evangelisers came to India in the eighties.

Dravidian not by competitiveness but by fishing/phishing for talent and manpower from overseas for permanent residency. In other words snoop and patent it in a colonial country, and then there is the constant overseas interference. I doubt any country outside of five eyes has so much disparity between homelessness and people profiteering out of rentals.

What the US is good at is being a ruthless huckster and confidence co artist. They are great at being like Mafias, even having Mafia like "lawyers" to make offers others cannot turn down. They also have cultural media that spews forth the mythology and illusions of what America is. Then they have a military that acts like Mafia enforcement. If that is what he means by Darwinian, then he is correct. Although I am not sure what he means by Darwinian. I honestly can't respect this man! And why I decided to listen to him again. I can't say. I do not hold any hope of hearing any insights from him. He is less than insightful in my opinion. And I can't honestly understand how anyone holds any respect for him. I find myself often irritated and contemptuous when hearing from this man.

@28 minutes onwards ... South china seas ... How to trust American???

Losers are running around to share their grief, crocodile tears 😢 🐊

1234 1:58

Unfortunately he is wrong indonesia, we are on the brink of sliding back down to darker days abuse of power

The next ten years will be the same as the last ten years.

RULE BASE - US TELL EVERYONE OFF - UNTIL IT RUNS OUT OF MONEY?

8bln vs 1.2bln...no contest

If this is anything, it shows how daft foreign journalists are😂

Wow

Distracted by his finger

Kishore is a typical Indian fast talker. Better check how many fingers you have left after the talk starts. And check again how many fingers you have after the talk has finished.

Endia no😊

Prof Manubhai you mean to say you do not know where Elon Musk was born??

Brian stupid question....we have seen China bring Saudi and Iran together, galvanize Palestinian factions, work with SE Asian countries (besides Philippines) to develop a dynamic region....what can your journalist and general public do that can be better US diplomats have been the trenchant ones spouting propaganda instead of building bridges. Just dumb

China: 5000 years Angmohs: 500 years Lee Kuan Yew: 50 years Lawrence Wong: 5 years If you place the current world into the history of China, then you are living under the rule of the Yuan dynasty now. In the West, probably they will call it the dark ages. If you think in term of capitalism and the avaricious capitalists, then we are in the chaotic world of 魏晋南北朝 (AD220 to AD 589): The USA, the UK, Japan, Argentina, South Korea, and the Philippines are some examples, add in India if you want to expand the list. Congratulations, if you think you don't belong to the 99.99%. Ha ha ha! Show less

This dude is stuck in the past

Wise man have said always the same thing, while the rest will do the contrary as an philosopher said once upon a time. Theft of invention is the highest crime man can do is even worst than the atomic bomb and I do not want to live in a planet where those things happen, is better to be destroyed once and for all rather than living in barbarism. In this case I talk about theft of my invention.

I am looking at the sheepish look of the intervieer when our good friend mentioned the western media inaccurate news..🤣🤣🤣

This person does not know China much. He should go to study the history of China. Best wishes.

Cccpppp dogggggyyyyy

Sorry Kishore, biggest problem with China is communist governance system. You had to bring up yellow racism in America to justify your false logic is sad. I agree there is racism against all ethnicity in America. But you should also explain racism against none Chinese especially against Africans and South Asians. Even in Singapore, how many Indians are discriminated by Chinese. Yellow fearful Americans have many top corporate CEOs that are yellow. How many Chinese or Singaporean corporations have none Chinese CEOs?

Indian netizens condemned kishore mahbubani for instead of calling out the west for their crimes in India in the 200 years of colonialism, he SPITTED at them by calling it india's century of humiliation. Adding insults to injuries for the victim. WHY HAS KISHORE BECOME SO INHUMAN??

China is a mess. Companies and state institutions cannot pay salaries. The Chinese people are suffering, yet China is investing $50 billion in Africa. What about the Chinese people?

Thank you professor for your insights. Only wanted to comment on the 4000 year cultural history of China - yes indeed China has a very ancient rich cultural history, very well respected, it was all sadly demolished, destroyed and desecrated by the CCP in the mid 1940s. Such cultural richness can still be found in Taiwan but the CCP has destroyed most of it in mainland China. I truly wish that they can bring back the lost rich culture 😢.

I don't understand why Kishore needs to speak up for China?? He's Singaporean not Chinese! Another thing...why does China threaten the Philippines? And this 9-dash line nonsense....if we allow China to claim the SCS, then Greece will start to claim most of Europe!!

I want to know why are they lying ❤️🇨🇳🦾😇