Sharp China: The PLA Purges One Week Later; World Leaders Flock to Beijing; A Trump-Xi Phone Call; Panama Canal Resolution?

The podcast analyzes recent developments in China, focusing on Xi Jinping's purges within the PLA and their potential implications for Taiwan. It notes the lack of clarity surrounding the reasons for the purges, while also examining the ongoing visits of world leaders to Beijing, including the UK Prime Minister, and what these visits signify about China's global standing. The discussion highlights the UK's limited leverage with China, exemplified by minor trade concessions. Additionally, the podcast addresses China's ambition to elevate the RMB as a global reserve currency, and the complexities and political hurdles involved. The conversation also covers Trump's call with Xi and the US-Taiwan relationship.