100 Billionaires In Beijing Alone

Written by: Stephen Hsu

Primary Source:  Information Processing

Real talk from former Australian Prime Minister Paul Keating on the strategic outlook for Australia in Asia, the rise of China, and the likely future military balance of power in the Pacific region.

More from the Australian strategic viewpoint. Balance of power in the Western Pacific.

From the YouTube transcript:

29:18 [Eventually… Total] Chinese GDP is twice as large as America’s so the idea that this great massive economy is going to be a strategic client of the United States that they are kept in line by the US 7th fleet that the US 7th fleet controls its coasts six miles off the … territorial sea is of course nonsense but this is what the Pivot was all about. This is what Hillary Clinton and Barrack Obama’s Pivot was all about was about the reestablishment of US power…

… you know it’s simply unreal and if we try and become remain party to that piece of nonsense you know… that’s not to say we don’t need the US strategically in Asia as a balancing and conciliating power we do, but if we are party to the nonsense that we will line up for the United States to maintain its strategic hegemony in Asia over China we must have troubles…

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Stephen Hsu
Stephen Hsu is vice president for Research and Graduate Studies at Michigan State University. He also serves as scientific adviser to BGI (formerly Beijing Genomics Institute) and as a member of its Cognitive Genomics Lab. Hsu’s primary work has been in applications of quantum field theory, particularly to problems in quantum chromodynamics, dark energy, black holes, entropy bounds, and particle physics beyond the standard model. He has also made contributions to genomics and bioinformatics, the theory of modern finance, and in encryption and information security. Founder of two Silicon Valley companies—SafeWeb, a pioneer in SSL VPN (Secure Sockets Layer Virtual Private Networks) appliances, which was acquired by Symantec in 2003, and Robot Genius Inc., which developed anti-malware technologies—Hsu has given invited research seminars and colloquia at leading research universities and laboratories around the world.