China is ruthlessly pragmatic. It supports North Korea for its own selfish interests. And I believe that China no longer considers us an ally. The current president, Xi Jinping, cultivates close relations with South Korea. He has never met with me, the leader of North Korea, something that the leader of China has always done. At the grand celebrations in Beijing two years ago commemorating the 70th anniversary of the end of World War II, he placed the president of Russia and the president of South Korea at his side. In North Korea, we pay a lot of attention to ceremonies and what they signal.
Fareed ZakariaIt all looks American because America, the country that invented mass capitalism and consumerism, got there first. the impact of mass capitalism is now universal.
Fareed ZakariaYou know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks.
Fareed Zakaria