Bannon's War Room - WarRoom Battleground EP 873： President Xi Purges Top Military As Speculation Hints At Failed Coup

00:00:00.000 This is the primal scream of a dying regime.

00:00:07.000 Pray for our enemies,

00:00:09.000 because we're going medieval on these people.

00:00:12.000 The reason I got a free shot

00:00:14.000 at all these networks lying about the people.

00:00:17.000 The people have had a belly full of it.

00:00:19.000 I know you don't like hearing that.

00:00:20.000 I know you try to do everything in the world to stop that,

00:00:22.000 but you're not going to stop it.

00:00:23.000 It's going to happen.

00:00:24.000 And where do people like that go to share the big lie?

00:00:27.000 MAGA Media.

00:00:29.000 I wish in my soul,

00:00:31.000 I wish that any of these people had a conscience.

00:00:34.000 Ask yourself,

00:00:35.000 what is my task and what is my purpose?

00:00:38.000 If that answer is to save my country,

00:00:41.000 this country will be saved.

00:00:44.000 War Room.

00:00:45.000 Here's your host, Stephen K. Bannon.

00:00:52.000 Monday 20th of October,

00:00:54.000 Anno Domini 2025.

00:00:56.000 Harnwell here at the helm on Steve Bannon's War Room.

00:01:00.000 Well, the big news coming out today is from Beijing,

00:01:02.000 from China with the fourth plenary.

00:01:04.000 And apparently the emperor,

00:01:06.000 the guy we were told just last year was now effectively

00:01:09.000 destined to rule for life in China,

00:01:12.000 has some internal problems he's going to resolve

00:01:15.000 or need to resolve.

00:01:16.000 We'll be with the new federal state guys a little later on in the show

00:01:19.000 for the personal dynamics there and what's going on.

00:01:23.000 But first of all,

00:01:24.000 we're going to talk to the two people I know

00:01:27.000 have the most insights on China,

00:01:29.000 the two Jims, 0.68

00:01:31.000 Captain Jim Fennell and Jim Rickards.

00:01:33.000 Gentlemen,

00:01:34.000 thanks for coming on the show.

00:01:35.000 Tell me,

00:01:36.000 this is a yearly event,

00:01:38.000 the plenary.

00:01:39.000 This is the fourth plenary.

00:01:41.000 I think they have like these yearly mini plenaries

00:01:45.000 that last between the five year quinquennial.

00:01:51.000 200 of the most leading communists in China

00:01:55.000 gathering together.

00:01:56.000 Jim Rickards,

00:01:57.000 why don't you open,

00:01:58.000 tell us exactly what has happened.

00:02:00.000 And to President Xi,

00:02:02.000 I gather he's now having to report to a superior group.

00:02:05.000 Is this a temporary thing?

00:02:07.000 Is he going to fight back?

00:02:08.000 Is he going to purge the people who've tried to put him on a chain?

00:02:13.000 Tell me the news.

00:02:14.000 What's happened today?

00:02:15.000 Well,

00:02:16.000 there's definitely a struggle going on between the Xi faction,

00:02:19.000 but you know,

00:02:20.000 the Jiang Zemin and Hu Jintao factions never completely went away.

00:02:24.000 They were,

00:02:25.000 they were squashed by Xi.

00:02:26.000 They were marginalized,

00:02:27.000 et cetera.

00:02:28.000 The one Shanghai base,

00:02:29.000 but they never completely went away.

00:02:30.000 They're,

00:02:31.000 they're now reemerging.

00:02:32.000 The PLA is asserting more power.

00:02:34.000 Xi's power is being diminished,

00:02:36.000 but that doesn't mean he's weak or he's done.

00:02:38.000 What's interesting,

00:02:39.000 Ben is to put this in,

00:02:40.000 in the context of 3,000 years of Chinese history.

00:02:45.000 And I can give you,

00:02:46.000 I give you the short version for 3,000 years.

00:02:48.000 China centralizes,

00:02:49.000 centralizes,

00:02:50.000 centralizes,

00:02:51.000 the empire grows,

00:02:52.000 becomes peak centralized,

00:02:54.000 and then it falls apart.

00:02:55.000 You have the warring kingdoms period.

00:02:57.000 You have warlord periods,

00:02:58.000 multiple dynasties in different parts of China.

00:03:01.000 Then it consolidates again.

00:03:02.000 This is like an accordion.

00:03:04.000 It gets more centralized and then falls apart.

00:03:06.000 So one of the easiest predictions I've ever made was a few years ago,

00:03:09.000 when Xi got maximum power,

00:03:11.000 we started to talk about Xi Jinping thought on a part with Mao Zedong thought.

00:03:16.000 He got a third term.

00:03:18.000 No one had ever had more than two terms before,

00:03:21.000 at least since,

00:03:22.000 since Mao Zedong, 0.57

00:03:23.000 et cetera.

00:03:24.000 I said, okay,

00:03:25.000 that's peak centralization.

00:03:26.000 This is all going to fall apart.

00:03:28.000 And it is in the process of doing that.

00:03:30.000 And it's bigger than just Xi standing with,

00:03:33.000 with the power bureau and with the generals.

00:03:35.000 And that's very important.

00:03:36.000 And I think,

00:03:37.000 Captain,

00:03:39.000 I think James knows a lot more about that than I do.

00:03:43.000 But in addition to everything we just described,

00:03:47.000 the economy is falling apart.

00:03:49.000 Their GDP is,

00:03:50.000 is down significantly that they admit,

00:03:52.000 take two points off because they lie about it.

00:03:54.000 Maybe take another point off for investment,

00:03:57.000 which counts to GDP.

00:03:59.000 But if you build a ghost city and no one's there.

00:04:01.000 Yeah.

00:04:02.000 You got steel and concrete and copper and cement jobs and all that,

00:04:04.000 but there's no one there.

00:04:05.000 An accountant would require you to write that off immediately.

00:04:08.000 So the,

00:04:09.000 there's a dollar shortage.

00:04:10.000 Other banks are suffering.

00:04:11.000 Credit losses going up.

00:04:12.000 So the economy is,

00:04:14.000 I don't want to say imploding.

00:04:15.000 That's a little bit of an overstatement,

00:04:17.000 but the economy is collapsing very quickly on top of all the politics

00:04:21.000 we just discussed.

00:04:24.000 Um,

00:04:25.000 I get the point that such a large country,

00:04:27.000 large in terms of population,

00:04:28.000 large in terms of economy can't really be centrally commanded by one guy.

00:04:34.000 And you did absolutely call it when you said that this is now going to be

00:04:37.000 over centralized.

00:04:38.000 But when you say that there are different factions and rivalries here,

00:04:42.000 what amazes me was last year when we're watching this,

00:04:46.000 when, as you say,

00:04:47.000 she had his unprecedented in modern terms,

00:04:51.000 third term,

00:04:52.000 the very day,

00:04:53.000 I think he was,

00:04:54.000 he was,

00:04:55.000 he was granted that they walked.

00:04:57.000 It was,

00:04:58.000 it was who's entire.

00:04:59.000 They,

00:05:00.000 they walk.

00:05:01.000 If,

00:05:02.000 if maybe serves me correctly,

00:05:03.000 they walked him out,

00:05:04.000 didn't they?

00:05:05.000 They literally walked in.

00:05:06.000 They never found out exactly what that was there.

00:05:08.000 They said at the time,

00:05:09.000 it was some kind of medical emergency,

00:05:11.000 which would probably be a news to,

00:05:13.000 to who's entire himself.

00:05:15.000 But tell me then Jim records continue this point.

00:05:18.000 If you wouldn't mind.

00:05:19.000 Um,

00:05:20.000 how these factions are still bubbling under the surface.

00:05:25.000 If their exponents,

00:05:26.000 uh,

00:05:27.000 have,

00:05:28.000 have been defenestrated.

00:05:32.000 Well,

00:05:33.000 I mean,

00:05:34.000 what happened to who should talk that was a public humiliation that

00:05:36.000 there's just no other explanation for it.

00:05:37.000 They,

00:05:38.000 they could have done a lot of different ways,

00:05:39.000 disinvited them,

00:05:40.000 whatever.

00:05:41.000 humiliated in public.

00:05:42.000 But,

00:05:43.000 uh,

00:05:44.000 these factions,

00:05:45.000 as I described them are more than just the leaders they have.

00:05:46.000 But Jiang Zemin died,

00:05:47.000 uh,

00:05:48.000 I think 10 years ago,

00:05:49.000 but it's his followers.

00:05:50.000 It's his supporters,

00:05:51.000 et cetera.

00:05:52.000 They,

00:05:53.000 they have their own clubs,

00:05:54.000 their own organizations.

00:05:55.000 They're suppressed to a point.

00:05:56.000 I was in,

00:05:57.000 uh,

00:05:58.000 Hong Kong not long ago,

00:05:59.000 but it was,

00:06:00.000 uh,

00:06:01.000 the top,

00:06:02.000 you know,

00:06:03.000 the top leaders in,

00:06:04.000 in Hong Kong.

00:06:05.000 Uh,

00:06:06.000 it was the first time someone took me aside and said,

00:06:08.000 be careful what you say.

00:06:10.000 Uh,

00:06:11.000 and I never am.

00:06:12.000 And I was at a table,

00:06:13.000 a fairly small group,

00:06:14.000 and they were praising Xi Jinping,

00:06:16.000 et cetera.

00:06:17.000 And I said,

00:06:18.000 whatever happened to Bo Xilai?

00:06:19.000 And they just,

00:06:20.000 they just,

00:06:21.000 they,

00:06:22.000 they froze,

00:06:23.000 you know,

00:06:24.000 I don't mention that name around here,

00:06:25.000 but the,

00:06:26.000 but the truth is he,

00:06:27.000 we don't know if he's dead or not,

00:06:28.000 but in some ways these,

00:06:29.000 he was in,

00:06:30.000 but in some ways these factions don't go away.

00:06:32.000 They keep their head down,

00:06:33.000 but they reemerge at certain times.

00:06:34.000 And that's what's happening now.

00:06:38.000 Jim,

00:06:39.000 just stay with us for five more minutes.

00:06:41.000 If you wouldn't mind,

00:06:42.000 I know you're,

00:06:43.000 uh,

00:06:44.000 on an interesting,

00:06:45.000 um,

00:06:46.000 mission in Slovenia right now,

00:06:47.000 but just,

00:06:48.000 just hang with us for five minutes.

00:06:49.000 If you wouldn't mind,

00:06:50.000 I know you have,

00:06:51.000 uh,

00:06:52.000 government business to attend to.

00:06:53.000 Captain,

00:06:54.000 what can you tell me about the,

00:06:56.000 the inner intra China power dynamics that,

00:07:00.000 that are taking place right now at the fourth plenary?

00:07:02.000 Yeah,

00:07:04.000 Ben,

00:07:05.000 uh,

00:07:06.000 I don't disagree with what Jim has said to the extent that,

00:07:08.000 uh,

00:07:09.000 there's no question that there are various factions within the Chinese Communist Party.

00:07:13.000 I think my,

00:07:14.000 uh,

00:07:15.000 my issue is to the degree with which those factions have a real substantive impact on G's ability to have control.

00:07:23.000 Uh,

00:07:24.000 for instance,

00:07:25.000 and I mentioned this in the morning segment,

00:07:27.000 you know,

00:07:28.000 this,

00:07:29.000 uh,

00:07:30.000 purge of these nine generals that hit on Friday,

00:07:32.000 that's really raised this issue,

00:07:33.000 uh,

00:07:34.000 before the plenum,

00:07:35.000 uh,

00:07:36.000 those were being discussed over the last year.

00:07:38.000 And some of the first,

00:07:39.000 uh,

00:07:40.000 purges were occurring.

00:07:41.000 And this is something that's occurred throughout G's 12 years of rule.

00:07:45.000 And it gets to the heart of his efforts to reform,

00:07:49.000 not just the party,

00:07:50.000 but the PLA.

00:07:51.000 And so he's done over 12 years,

00:07:53.000 massive changes to the PLA,

00:07:55.000 especially in 2015 and 2016.

00:07:58.000 And so what we see right now is,

00:08:00.000 uh,

00:08:01.000 the economy is weak.

00:08:02.000 As Jim said,

00:08:03.000 there are factional problems.

00:08:04.000 We're at this point where if there's going to be a discussion about these kinds of,

00:08:09.000 uh,

00:08:10.000 factional disputes,

00:08:11.000 it will come in this,

00:08:12.000 this plenum.

00:08:13.000 And all,

00:08:14.000 what I think G did was he cleaned out the PLA,

00:08:17.000 those that were party members that were going to be in,

00:08:20.000 uh,

00:08:21.000 this,

00:08:22.000 uh,

00:08:23.000 party Congress to clean them out so that they were not in present at the event.

00:08:27.000 So there would be no kind of,

00:08:29.000 uh,

00:08:30.000 event like you saw with Hu Jintao,

00:08:32.000 and that he could have total control over the process to be able to set the 15,

00:08:37.000 five year plan.

00:08:38.000 And so I think that's kind of where we're at.

00:08:40.000 And when it comes to the military aspect,

00:08:42.000 you know,

00:08:43.000 throughout,

00:08:44.000 if you go back and you follow our analysis of the Soviet Union,

00:08:48.000 we always looked at leadership and intentions,

00:08:50.000 and we looked at capabilities.

00:08:52.000 And in this case,

00:08:53.000 when you look at the PRC,

00:08:55.000 we can examine leadership.

00:08:57.000 And we had,

00:08:58.000 you know,

00:08:59.000 rumors from the kind of the same sources saying that Xi had a stroke over the last couple of months.

00:09:04.000 Yet we continue to see Xi very much present in the international stage.

00:09:09.000 Last week,

00:09:10.000 meeting with international women's global women's forum and meeting many,

00:09:14.000 many people.

00:09:15.000 So those rumors kind of don't come true.

00:09:18.000 Also,

00:09:19.000 Xi's not having control of the party.

00:09:21.000 If you go back to June and July,

00:09:22.000 these rumors were existing that Xi was losing control of the PLA.

00:09:27.000 Yet who was leading the big PLA parade in Beijing this last month?

00:09:33.000 It was Xi.

00:09:34.000 So I,

00:09:35.000 I would put that in the leadership bucket.

00:09:37.000 And then in the military capabilities bucket,

00:09:40.000 as I mentioned in the morning segment,

00:09:42.000 we are seeing a continual uninterrupted trajectory,

00:09:46.000 a strategic trend line of PLA modernization,

00:09:50.000 growth and capabilities,

00:09:52.000 and in expanding operations.

00:09:55.000 Now, Jim mentioned that maybe that's to show the flag and to be kind of aggressive

00:09:59.000 because they got these problems at home.

00:10:01.000 It's possible.

00:10:02.000 But my assessment is looking at their military,

00:10:05.000 that this is a natural progression to meet Xi's global defense initiative,

00:10:11.000 where he wants a global security initiative,

00:10:14.000 that he wants to have a global military.

00:10:16.000 So we'll find out in the next week.

00:10:18.000 If Xi is still in power a week from today,

00:10:20.000 we'll know that maybe these rumors weren't true.

00:10:23.000 If he's gone,

00:10:24.000 then that'll be something that we'll have to face.

00:10:26.000 I realize that China isn't a monolith,

00:10:33.000 that there are different currents,

00:10:35.000 although it's very easy to take a party,

00:10:38.000 single party structure like the CCP from outside the country externally,

00:10:42.000 and just think of it as just a monolithic structure.

00:10:45.000 I realize that it's not,

00:10:46.000 and there are different trends and currents going on there.

00:10:49.000 much of what we see taking place behind the scenes for obvious reasons to do with stability,

00:10:56.000 domestic political stability.

00:10:59.000 But one would have thought that after 10 years of being quite a hands-on kind of guy,

00:11:06.000 she would have succeeded already in eliminating opposition. 0.99

00:11:10.000 And I gather some of the generals that have been perched are his own appointees.

00:11:15.000 Tell me, does that indicate that as time goes on,

00:11:18.000 it's not just a case that he hadn't cleaned out the system in his first 10 years.

00:11:24.000 Is it perhaps, Captain Fennell, the situation that the more he goes on,

00:11:29.000 the more his third term in office goes on,

00:11:33.000 and we'll see whether it finishes within a week or whether it goes on for longer.

00:11:36.000 The resistance, the internal resistance to him within the CCP itself is actually growing.

00:11:43.000 Is that where the opposition is coming from?

00:11:45.000 It is a growing, spontaneous reaction to his rule.

00:11:53.000 It's possible that that's part of it, but I think it's more endemic.

00:11:57.000 I think Jim talked about the, you know, the thousand years of history.

00:12:00.000 And there's an old saying that, you know, in the center is the rule and out in the hinterlands,

00:12:06.000 there's, you know, they can't control everything.

00:12:08.000 And so what I think is what Xi is running up against is thousands of years of dynastic evolution,

00:12:14.000 where people make money through corruption and clinging to bits and pieces of power.

00:12:20.000 We see it in our own country. It's part of human nature.

00:12:23.000 And so what I think is, is that Xi is having to continue to continually find and root out corruption in the party in order to achieve his global initiatives.

00:12:33.000 And so I think he has a global Marxist Leninist view of how he wants the PRC to rule the world.

00:12:39.000 And he knows that he can't get there if the people under him are corrupt and not following through with pure party loyalty.

00:12:47.000 Captain Fidel, stand by. I'm going to come back to you on this point in just a moment.

00:12:53.000 Jim Rickards, before you go, just answer me this question, because my reading of China was basically the corruption was built in.

00:13:00.000 When you see people being picked out and removed from the system because of corruption,

00:13:05.000 that is simply a public presentation for domestic consumption, because everyone has their hand in the till.

00:13:14.000 And it's for other reasons that they're being moved out, probably political disloyalty.

00:13:19.000 Give me a reading on that, will you?

00:13:22.000 I agree with that. I think I think they're all corrupt. 0.96

00:13:25.000 Literally all of them, maybe one or two exceptions, but they're basically all corrupt.

00:13:29.000 So when you hear corruption charges being announced, it's completely it's opportunistic and it's political. 0.71

00:13:35.000 In other words, you're all corrupt, but I like you five, but you, too, I don't.

00:13:39.000 So I'm going to announce an investigation or corruption charges against the two. 0.94

00:13:43.000 It's a way to get rid of people. It's a way to, again, humiliate them publicly.

00:13:47.000 But it's not like they're the only corrupt ones and they're rooting out corruption.

00:13:51.000 What they're doing is they're using corruption as a way to root out people for other reasons.

00:13:55.000 And that's political. And then, as as Captain Fanel said, you have to then look behind the curtains.

00:14:02.000 OK, why you who appointed you? Why are you being kicked out? Why now?

00:14:07.000 Corruption, as I say, is just an excuse.

00:14:10.000 Jimmy, because I know towards the end of this show, I'm going to read out the details of where people can go to get hold of strategic intelligence.

00:14:20.000 But on in terms of social media, where do people get where the folk get hold of your analysis, which is world rated?

00:14:27.000 It is first rate. Where do people go on social media?

00:14:31.000 Yeah, thank you. On X, I'm at Real Jim Rickards at Real Jim Rickards.

00:14:36.000 I also have a website, the James Rickards project dot com, where you can find all my books and a few background details.

00:14:44.000 Thank you. Jim, I'll let you bounce.

00:14:47.000 Thanks for staying with us and we'll catch up with you throughout the rest of the week.

00:14:52.000 How long are you in Slovenia for?

00:14:54.000 I'm here for a couple of days and I'm going down to Medjugorje.

00:14:56.000 I haven't been there, so I want to go there before the whole world shows up.

00:15:01.000 Of course. Then keep us briefed.

00:15:04.000 Thanks, Jim. Take care. God bless.

00:15:06.000 Thanks.

00:15:07.000 And for now, we'll be back with you in just a moment.

00:15:10.000 But first, when inflation jumps, when you hear the national debt is over $37 trillion,

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00:15:51.000 Text Bannon, B-A-N-N-O-N, to 989898.

00:15:57.000 That's Bannon, B-A-N-N-O-N, to 989898.

00:16:03.000 And Philip Patrick and his great team there are waiting for your call.

00:16:08.000 Captain Fennell, before you were just saying something about the communist political currents going on within the CPP at the moment,

00:16:20.000 sometimes it acts as if it's just a political organization, and the Marxism is a political front.

00:16:26.000 But it's only superficial.

00:16:29.000 And other times it appears, especially in terms of the way they run the party, the political police state that it is,

00:16:37.000 it's very much in the Soviet model.

00:16:40.000 Can you tell me a bit more about how that might move forward if she should be removed within, 0.95

00:16:48.000 let's say, because we were mentioning earlier on the show, let's say within the next week.

00:16:52.000 But even if it's a bit longer than that, even if it's a few months or something,

00:16:56.000 will that be, will they be kicking them out to make sure that the regime itself goes on?

00:17:02.000 Or will they be kicking them out because actually it's revolution time and time for the whole thing to be overthrown?

00:17:10.000 Well, that's a great question. And I would say that the party itself, if it's in this kind of turmoil to the extent that they remove Xi,

00:17:21.000 you know, it'll be very hard for us to predict exactly who will replace him.

00:17:26.000 There are the, there are speculations that this General Zhang, who's the other vice minister of, or vice chair of the Central Military Commission,

00:17:35.000 if he's the one that's really moving the chess pieces around and he's a strong proponent of the PLA

00:17:40.000 and all these PLA activities that we've seen ramp up, especially towards Taiwan in the last three years,

00:17:46.000 if he's the degenerator of all this, then we should be standing by for some very serious potential for an invasion of Taiwan.

00:17:55.000 On the other hand, there's the factions that may say, hey, we've gone too far.

00:17:59.000 The economy is, is being destroyed and we need to pull back our, you know, pull back a bit in terms of our aggressiveness.

00:18:08.000 And let's get, keep our economy going and let's try to repair the damage that Xi did economically.

00:18:13.000 So it's kind of two pronged. I would say those are the two major prongs on where it could go.

00:18:18.000 Again, I still believe that Xi's in power and that to me suggests that there's a longer continuity between Mao all the way to Xi.

00:18:29.000 That is, they've all had the same agenda, which is to restore in their minds China to this global Marxist world power. 0.76

00:18:40.000 The other leaders couldn't do it because they didn't have the economy.

00:18:44.000 They didn't have the military.

00:18:46.000 Hu, Zhang and Deng didn't have it.

00:18:50.000 Mao didn't have it, but he was so, you know, he was kind of a different kind of a person.

00:18:55.000 So Xi's adopted Mao's kind of aggressiveness, but he now has the tools to do it.

00:19:00.000 So again, it's really a matter of what will, what will we see in this next week?

00:19:05.000 I think we'll get a really clear signal.

00:19:07.000 I mean, if he's not, if he's not mentioned or talked about, or he is diminished in any way, I don't think the party can, I don't think he, if he, if he's under struggle for power, he's not going to accept some kind of partial agreement.

00:19:22.000 He's either going to say, I'm the leader or I'm not.

00:19:24.000 And that's my assessment of what we would see in the next week.

00:19:27.000 So if we see him, we're going to see this continuity towards his agenda of this global domination.

00:19:35.000 He's an interesting figure, isn't he?

00:19:38.000 And she, he's, he, as I understand it, he, he very much sees it as his vocation, let me use that word as his vocation to restore the, the communist party as the cultural heart of China, the one party system.

00:19:57.000 He's very loyal to that system, even though it sort of, it didn't, you know, it didn't do, didn't do very much good to his father when he was a kid growing up, right?

00:20:06.000 His father fell out of favor in, in a big way.

00:20:10.000 Um, but she himself is very keen on his, his beliefs that the, the, the, the, the glue that holds China together is, is the, is the, is the party, is the communist party.

00:20:21.000 So you have that on the one hand, but on the other hand, the actual ideology, the communism behind the ology, I don't know how much that permeates his thinking.

00:20:30.600 I think he is more communist than say someone like Hu Jintao, um, because the party sort of, the party's strength had very much been waning up until Xi Jinping.

00:20:41.440 Well, just give me two minutes on that dynamic, um, and what it might mean for the future of the, the CCP as a one party state moving forward without, without Xi Jinping, they're pushing that with the force of his personality.

00:20:57.880 Right.

00:20:58.460 I mean, clearly, as you described it, Xi is, is more red than any other, uh, paramount leader that China's had in its history since Mao. 0.87

00:21:06.820 And, uh, he has pushed through, uh, you know, uh, uh, uh, uh, uh, kind of a top down again control of the economy, uh, that, you know, dang, uh, and who didn't have.

00:21:18.980 I mean, he has been pushing for the state-owned enterprises and the control of the economy, centralized control and the importance of these five-year plans.

00:21:27.720 And he is now in a position to where he's also in charge of the PLA and he's been in charge of the PLA and he's inclined to use the PLA much more often.

00:21:37.600 I mean, as we, we talk about in military, in the military arena, the Chinese military aircraft, jet aircraft never crossed the center line between the mainland and Taiwan.

00:21:47.520 They did it four times in 60 years.

00:21:49.540 And after 2020, they're doing it hundreds of times a year.

00:21:53.300 So there's a, there's a, a party unity that he's bringing where it's very much, you know, centrally controlled, going to achieve the great rejuvenation of China, which is his phrase.

00:22:07.180 We're going to have the great rejuvenation of China.

00:22:09.400 We're going to make China this global power and we're going to replace the United States. 0.98

00:22:14.200 So we're going to attack on all fronts.

00:22:16.080 They call it comprehensive national power.

00:22:18.100 We're going to go after economic reforms or economic power through the way we run the Belt and Road Initiative.

00:22:25.540 We're going to do what they just did with this tariffs on rare earth elements.

00:22:29.840 It doesn't seem to have any fear of the United States, maybe that they had when Deng was in power.

00:22:36.820 And so now you see red tourism.

00:22:39.220 It's big in China.

00:22:40.340 People going to see the places where the Chinese Communist Party in their history of the establishment of the PRC.

00:22:47.560 That's a big item.

00:22:49.100 He's pushing it across all fronts.

00:22:51.440 And it seems to be taking on a kind of a populist patriotism inside China, not as the ancient Chinese civilization per se, but he's even embraced religion in certain areas and brought religion back in.

00:23:04.800 That's something that Mao didn't do during the Cultural Revolution.

00:23:07.780 So he's very adept at this.

00:23:09.080 We've got about two minutes left.

00:23:12.780 Can you just tell me, because we've not spoken about Ukraine right now as a dynamic of what's going on, and you can see that Xi is trying to wear down on every metric possible of the United States from being an opposition and a restraining force on him and his ambitions.

00:23:29.160 Tell me just what would happen to this friendship without limits between China and Russia, should Xi be replaced?

00:23:37.840 Well, that's been the greatest strategic failure of the Biden administration.

00:23:44.380 It was this rabid obsession with Colin Trump, an agent of Russia.

00:23:48.920 And we drove, in a way, China or Russia into China's arms. 0.83

00:23:53.800 Now, there's a natural economic relationship there, but there is a larger, and we talk, I mean, people talk about this as historic animosity or distrust between China and Russia.

00:24:04.700 So the idea that we could get Putin and Russia to kind of pull back a bit from China and not be so reliant upon them, if we could do that, that would be great.

00:24:16.000 But I think China has very well entrenched themselves economically, militarily, into the Russian sphere, and I don't see it happening right now.

00:24:26.700 And that's my biggest fear, is that Russia and China continue to stay linked together, and their military operations have only increased over the last two decades.

00:24:37.260 If you go back to 2005, when they first started the Shanghai Cooperation Organization, and they would do some of these military exercises, the Russians would come back and laugh about the Chinese military.

00:24:49.180 Now they don't.

00:24:50.380 They work closely together, and it's the Chinese that are setting some of the standards in certain areas, in certain fields.

00:24:56.780 And so, and now China has been supplying, obviously, funding to Russia through the purchase of oil, but also we're getting the reports of sending in drones and all kinds of other kinds of munitions that we probably don't know about.

00:25:11.680 And their relationship with North Korea and bringing North Korea into that dynamic has also been China's doing, in my opinion. 0.57

00:25:19.960 Just give me 30 seconds on this.

00:25:22.000 Is it possible that the international community, inverted commas, might try and persuade a new leader of China to enter the international community and not be a stranger? 0.58

00:25:37.660 Or is China in and of itself such a threat to the rest of the world that that wouldn't really be feasible?

00:25:46.580 It's definitely the former.

00:25:47.920 I think living here in Europe, I see the EU enamored with the PRC and trying to make a deal with them, as opposed to holding them to account, like I think President Trump is doing.

00:25:59.660 So you think, actually, if the regime were to replace Xi Jinping, that might actually be a step closer, the normalization, let's call it that, the normalization might actually be something easier for the evil regimes here in Europe to confect?

00:26:15.500 I think so, yeah.

00:26:20.260 Jim, for now, where do people go to keep up with your analysis on this point?

00:26:26.220 I don't do social media.

00:26:27.760 That's kind of something that Steve laughs about.

00:26:29.780 But I do write for American Greatness every once in a while.

00:26:33.140 And that's that.

00:26:36.540 Captain Phil, very, very grateful.

00:26:38.380 Thanks for staying with us for the first half of this show.

00:26:40.460 And we'll catch up again with you soon.

00:26:42.460 God bless for now.

00:26:43.020 Thank you, Ben.

00:26:45.220 Appreciate it.

00:26:49.180 Stand by, folks.

00:26:49.960 We'll be back in two minutes.

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00:31:12.860 Welcome back.

00:31:13.700 Well, I've got Ava Chen and Forrest Zhao from the new federal state of China here to explore

00:31:20.220 some of the themes that we discussed in the first half of the show in a little more detail.

00:31:24.180 Guys, thanks for coming on.

00:31:25.400 I'm especially interested in some of the inner dynamics of the CCP and the power struggle

00:31:33.380 that seems to be taking place in front of our very eyes right now, even though the rest

00:31:37.640 of the Western media doesn't seem to be paying that much attention to this.

00:31:41.440 Tell me more about what happened on Friday.

00:31:43.300 I gather there was a significant military purge in all of the branches, the Navy, Armed Forces,

00:31:50.960 the Air Force.

00:31:52.380 Let's start off a bit about that.

00:31:54.180 Ava, why don't you tell me, you were telling me in the break, tell me some more about what

00:31:57.800 happened on Friday of last week.

00:32:01.600 For sure.

00:32:02.480 And this is just the three days ahead of the opening of the Forrest Plan and Sessions.

00:32:07.720 In a sense, a strong message.

00:32:09.440 So I wanted to get out and let people know that Xi right now has the power.

00:32:14.000 That's why you saw the top PLA generals, nine of them, and all of them are personally picked

00:32:22.820 by Xi Jinping himself.

00:32:25.460 And one of the particularly prominent generals among the nine are two of them.

00:32:30.920 One is He Weidong, and he's the vice chair of the CMC.

00:32:35.160 CMC stands for the Central Military Commission.

00:32:37.920 That's the highest decision-making body of the army, of the PLA, inside the Communist Party.

00:32:44.500 So, of course, Xi Jinping himself is the chair, and he has two vice chairs.

00:32:48.720 And He Weidong, the one who just got purged, is one of the two vice chairs.

00:32:54.860 But the other one is Miao Hua.

00:32:56.760 Miao Hua is also a very prominent person.

00:33:00.740 And all of them have histories with Xi Jinping goes back to 20 years ago,

00:33:05.540 when Xi Jinping was the party deputy secretary and governor for the Fujian province.

00:33:12.120 And that's why they gained trust from Xi Jinping.

00:33:16.040 And that's exactly why He Weidong was nominated to take a seat on the CMC in 2022,

00:33:23.640 which is quite a surprising move, because at that time, he was previously with the Eastern

00:33:28.580 commander.

00:33:29.140 And a lot of the party rule, by moving him up so quickly, Xi Jinping actually broke the

00:33:36.220 unwritten party norms.

00:33:38.200 But, however, what we just saw three days ahead of the opening of the First Plenum,

00:33:42.760 Xi basically purged the person he used to entrust to secure his rule, and including Miao Hua as well. 0.86

00:33:50.980 Because Miao Hua, all the other generals in the batch, has somehow related to Miao Hua.

00:33:58.060 Either they served together in the past, or either they come from the same province, the Fujian province.

00:34:03.940 So this actually sending a huge message.

00:34:07.200 Because a lot of people say, oh, look at somebody doing this to Xi Jinping.

00:34:11.200 So Xi Jinping's power is weakening.

00:34:13.240 No, that's not right.

00:34:14.780 Xi is very safe right now.

00:34:16.780 OK, by purging all those people, he perceived a threat to him.

00:34:21.900 He is actually even more concentration in his power.

00:34:25.120 But I think this is a history in play itself.

00:34:27.580 We all know where the dictator ends.

00:34:30.080 Because power builds on field, inevitably collapse.

00:34:33.840 And the tighter his grip grows, becomes, and the closer he is close to his downfall.

00:34:39.400 OK, let me push on that one a little bit more, OK?

00:34:45.100 Forrest, what is the view in China when the president, the secretary general of the party,

00:34:52.880 the president of the country, purges his own nominees from the party hierarchy?

00:35:02.460 Does that not indicate that he's panicking somewhat?

00:35:05.740 We're very used to seeing someone like Xi, who doesn't, who sort of, if anything,

00:35:11.300 he's sort of very cautious when he acts.

00:35:13.940 He thinks a lot.

00:35:15.580 Nothing chaotic, nothing out of place.

00:35:18.500 It's almost as if he's the embodiment of process.

00:35:22.220 When he purges his own appointees like this,

00:35:26.760 does it not look as if he's made a misjudgment somewhere along the line?

00:35:30.860 No, actually, this is nothing new to the Chinese people or, let's say, communist countries.

00:35:38.320 If you see Stalin and Mao Zedong, they all purged their own generals.

00:35:42.820 Stalin almost killed every top general around him.

00:35:47.000 So that's kind of common in the communist dictatorship controls,

00:35:52.980 because there is no trust.

00:35:54.460 There is nobody you can trust.

00:35:56.000 In this type of system, nobody is safe, including Xi himself.

00:36:01.100 That's why the moment he sees anything, he's doubted anything, he will purge.

00:36:06.680 He will purge his people, changing to the new blood, which he thinks he can trust. 1.00

00:36:11.200 Maybe later on, he will have any other doubts,

00:36:13.940 and other people try to take the position from Xi,

00:36:18.140 and then there will be the killing and the purge happening again.

00:36:22.660 So there is nothing new, this kind of purge happening in China,

00:36:27.520 whether it's from Mao or Deng to Xi, this is happening all along.

00:36:32.900 And the Chinese people know all the charges, all the fake charges, 0.97

00:36:36.220 whether it's bravery or corruption, it's nothing real.

00:36:41.040 The real thing is the political and the purge.

00:36:43.960 That's the real thing happening in China.

00:36:47.680 It's nothing new to the Chinese people or to the party members.

00:36:52.660 Ava, tell me, after seeing this, if this is nothing new to the Chinese people,

00:36:58.160 what might the Chinese be expecting right now as they're sitting watching these events unfold?

00:37:05.520 And what are they drawing from the fact that this purge took place just sort of three days before this meeting,

00:37:14.220 at the high point when all the press is focused?

00:37:16.860 How are these things being received?

00:37:20.920 Okay, so if you look at how this time it was done,

00:37:24.780 it was the purge first and then the planet meeting.

00:37:27.000 But if you look back to the history, in 2014 and 2024,

00:37:31.860 Xi Jinping had done it reversely.

00:37:34.860 He had opened the political conference work for the military and then started the purge.

00:37:40.720 So, but this time he reversed it.

00:37:42.980 So, tells you that the purge is urgent.

00:37:45.180 So, according to the new federal state of China's intel,

00:37:47.960 and this is probably you were not here anywhere else,

00:37:50.740 and our intel suggests the reason why the Xi Jinping has to act right away is this is a failed coup.

00:37:57.840 Okay, so these generals who Xi Jinping has personally picked,

00:38:03.080 put it in those high ranking CCP military ranks and now are turning against on Xi.

00:38:12.040 Okay, so this tells you as what Forrest mentioning about how brutal the system is.

00:38:18.300 It's a cruelty that Xi understood himself.

00:38:21.400 Because if you look at the history, whether it's Stalin, the Soviet Union,

00:38:24.920 where the communist ideology and practice come from,

00:38:28.480 and in terms of the Mao, and as Forrest mentioned, Stalin, every night, 0.97

00:38:33.620 he would have a list of people to kill.

00:38:35.800 The Great Purge, 1937 to 1938, and then never stopped continuing with 1940s. 0.79

00:38:41.700 So, there's a list of people that he wants to strike.

00:38:44.680 Okay, and then, and he would give to a general to executing on those people.

00:38:49.400 And the next day, the person who executing, the people on the list were on the list himself.

00:38:54.280 So, this is how brutal the communist system has always been.

00:38:59.840 And look at Mao.

00:39:01.260 Mao basically killed all the, all the, all the buddies, all the, all the comrades 0.95

00:39:06.160 that are fighting against the Kuomintang and so-called the Japanese invader together.

00:39:11.460 But all of them are purged and killed by, ruthlessly by Mao.

00:39:15.420 Xi Jinping is basically repeating the same history.

00:39:18.680 And don't forget, communist system is a very low trust system.

00:39:22.880 Okay, because everybody is schemed, schemed and plotting on against everybody else.

00:39:28.680 This is why Xi Jinping cannot trust anybody.

00:39:32.240 And think about the only person left, the vice chair of the CMA,

00:39:35.700 what position he will be in, what he is thinking about.

00:39:38.540 He understood all the history.

00:39:40.360 Okay, all the history of communists.

00:39:42.520 And again and again, played again and again.

00:39:45.100 So, can she trust him?

00:39:46.660 Of course, no.

00:39:47.580 Can he trust Xi?

00:39:48.720 Of course, no.

00:39:49.380 This is exactly where I think the West has an opportunity to apply the right pressure.

00:39:55.380 When you apply the right pressure, you will enable the internal dissent to magnify to a degree

00:40:01.900 that would help the West to bring down the CCP.

00:40:04.560 And that will help the Chinese people to bring down the CCP. 1.00

00:40:07.880 Using the borrowed sword to do the things you want to do.

00:40:11.160 And that's why we're advocating for decoupling the CCP and you were shaking it.

00:40:17.280 And the person who ended up doing to destroy the Chinese Communist Party are the Chinese Communist Party members 0.78

00:40:24.100 who are right now holding the guns, you know, holding the powers because they are the insider.

00:40:29.620 They know exactly what button to push.

00:40:32.100 And they pose the real threat to Xi Jinping.

00:40:35.000 As you mentioned, almost every branch of the army, the top generals, has been purged.

00:40:40.280 And rumor has it, there's 80 more.

00:40:43.040 There's dozens, dozens more are right now under investigation.

00:40:46.640 Think about this.

00:40:48.080 When Xi comes on power after 2012, 2013, Xi had a strategy.

00:40:54.400 How to concentrate the power under his name only.

00:40:58.220 He targeted broadly in terms of the Communist Party.

00:41:02.440 And he started Purge, never-ending corruption campaigns, started in 2013.

00:41:08.060 And the second, he targeted a specific group.

00:41:10.740 It's called Princeland.

00:41:12.160 These are, in Chinese, we refer to them as the red second generation. 0.99

00:41:17.060 So they have family blood.

00:41:20.380 Lineage goes back to the older CCP cardrates.

00:41:25.060 They see themselves as a legitimate heir.

00:41:28.220 But like Xi Jinping himself, he's a Princeland.

00:41:31.140 Exactly.

00:41:32.520 Exactly.

00:41:33.200 That's where the legitimacy and that's where the bloodline legacy comes from.

00:41:38.580 So who will pose the most threat to Xi Jinping right now?

00:41:42.280 If you are older, cadre, you were thinking all those Princeland could potentially replace, right?

00:41:49.060 If Xi stepped down, if they forced Xi to lose the power, and another Princeland would step in.

00:41:54.600 So that is why Xi Jinping, after he took power, he understood that.

00:41:58.740 That's why he made the enemy of that second generation, second cadre generation, his political rivalry.

00:42:06.440 So that's why we saw Liu Yazhou, the other general, was purged in 2022, was given a death sentence with two years of reprave.

00:42:16.780 He was the summing law of Li Xianian, which is the top general of the PLA, which had bloody hands on the Tiananmen Square student massacre.

00:42:25.380 So this is brutal, and Xi Jinping understood it.

00:42:29.380 Because why?

00:42:30.340 He chose to be a dictator.

00:42:32.520 And this is Wenwei Street.

00:42:34.140 And he has no way to turn back.

00:42:36.180 Because if the moment he hesitates, he will be gone.

00:42:40.120 And this is a life struggle inside of the Communist Party system.

00:42:43.980 Fascinating.

00:42:46.880 I'm going to, Forrest, I'm going to come to you in just a quick moment, because I want to, I want more information on what Ava was just saying about this being a failed coup.

00:42:56.860 Especially about the point that basically Xi himself assumed the mantle of dictator destroying the constitutional two-term norms.

00:43:06.760 And now he has, he doesn't have an off-ramp now.

00:43:09.180 Now, he's stuck in that, and being stuck in a position, that means ever more fighting to maintain control.

00:43:14.880 I'm going to come back to one of those points in a minute, Forrest.

00:43:17.220 But first, what if you had one of the brightest geostrategic minds in the world, here on the war room all the time, delivering critical financial research every month?

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00:44:26.000 Right now, war room members get a free copy of Money GPT when they sign up for Strategic Intelligence, Jim's flagship financial newsletter.

00:44:36.220 Time is running out.

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00:44:45.320 R-I-C-K-A-R-D-S. 1.00

00:44:49.140 Forrest, tell me a bit more, if you wouldn't mind, about, because we've got like five minutes to the end of the show now.

00:44:54.980 Tell me a bit more about what the purge being the result of a failed coup.

00:45:02.320 Is that what people are actually talking about in China right now?

00:45:06.400 I don't think that most people will know this coup happening because this is just underground.

00:45:11.980 But this high-profile purge, again, it's the message President Xi wants to send to the internal people, as well as U.S., because he's going to meet President Trump very soon, talking about the deals regarding minerals.

00:45:29.860 He's in a very strong position.

00:45:33.380 He needs to send a message to the internal people.

00:45:35.980 Look, I'm in power. 0.79

00:45:37.580 I have the balls to challenge, to fight with the U.S. 0.92

00:45:42.900 That's his message. 0.98

00:45:44.600 And you know what?

00:45:45.520 Because the deal is going to happen because the President Trump himself is the master of making the deal.

00:45:51.540 But how much will we have to force to give up?

00:45:56.300 Because we have to face it.

00:45:58.060 Now we are at a point where we are forced to buy those minerals from the CCP, which they had planned, a dedicated plan, and a strategic plan for five years, 10 years, 15 years, as we talked about before.

00:46:12.300 So we have our intelligence.

00:46:16.120 Xi already had full demand for the U.S. before this negotiation.

00:46:21.280 It's kind of like a precondition.

00:46:23.460 The first one is when he strikes Taiwan, no U.S. military interference.

00:46:30.440 Second, no support, any supply support from U.S.

00:46:36.340 The third, no political support to any Taiwan leadership.

00:46:42.300 The last one, the U.S. has to keep silence about this invasion when that happens.

00:46:49.360 That's the preconditions that Xi prepared for President Trump.

00:46:54.960 Make no mistake, I think there will be a deal, but how much we have to give up.

00:47:01.980 That's the most important question.

00:47:04.380 And I'm glad you and Ava just mentioned about the insiders.

00:47:08.700 The insider is very important.

00:47:09.900 I think for us, the immediate danger is really within this own country.

00:47:16.340 The CCP only becomes so efficient and so strong just because all the enemies, the enablers and collaborators within our institution,

00:47:26.200 whether it's Wall Street, the schools, even including our own governments, we have to clean those traders out in order to save this country.

00:47:40.640 Because they are not only provide the technology, the money, and also they even provide the strategy to the Chinese Communist Party.

00:47:53.360 That's why they are so effective attacking and counter-attacking U.S. movements.

00:47:58.280 Forrest, I just want to go back to something that you said.

00:48:03.260 Sadly, there's not enough time to go over everything.

00:48:07.160 But one thing that you said was that in his favor within the system, Xi can say, 0.93

00:48:14.240 look, I've got the balls to tackle the United States head on, because he has been doing so.

00:48:20.540 How much, I guess, I guess that resonates with the party, but how much does it actually resonate with the Chinese people themselves? 0.98

00:48:30.400 Not much.

00:48:30.920 That is to say, not much.

00:48:32.840 Okay, because that is to say, do the Chinese people actually want an aggressive policy against America,

00:48:42.140 or do they want to find a way to work together peaceably?

00:48:47.760 The Chinese people, okay, the Chinese people have nothing to lose.

00:48:51.200 They have been slaved for more than 70 years.

00:48:53.780 Look at their economy, and I think James just mentioned about the economy in China.

00:48:58.060 Chinese people are freedom-loving people, hard-working people.

00:49:03.480 The situation they are in, it's all the result from Chinese crew control and the regime control.

00:49:09.940 So they are ready to fight and stand to get their country back.

00:49:16.400 I think the point here, we want to ask the same thing for the U.S., the American people.

00:49:22.060 We also have options to make and a decision to make.

00:49:25.560 The first option is to have a strong and aggressive China with CCP's leadership.

00:49:32.940 The second one is the friendly, domestic, democratic, and freedom country without CCP.

00:49:43.100 I think the American people and the American administration has to make that decision right now,

00:49:48.980 because Miles and Steve talked about, back in 2017, warned that we have to fully decouple from CCP

00:49:58.440 before it's too late.

00:50:03.840 Here we are now.

00:50:05.200 We have to buy the mineral from them.

00:50:07.320 We have to compromise.

00:50:08.580 We have to make a deal with them.

00:50:09.800 So, time is critical here.

00:50:13.680 CCP took a great advantage of the pendulum effect of the political system in this country.

00:50:20.120 They took advantage of all the traders.

00:50:22.280 They used a great deal of them.

00:50:25.400 That's why we are here today.

00:50:27.780 So, time is running out.

00:50:29.220 I think we have to make decisive and bold movements to clean out the insider traders from this country

00:50:36.660 and taking down the Chinese Communist Party, dismantle just a small circle of family, CCP family,

00:50:43.620 which hijacked China and turned them into a weapon to attack, to threaten the free world. 0.97

00:50:50.460 Guys, that's all we've got time for.

00:50:55.600 Can you just give me a one-word response to this question?

00:50:58.820 And then we'll quickly do the socials.

00:51:00.220 We've got like 40 seconds left.

00:51:03.400 After the plenum that's taking place right now and the purge three days ago,

00:51:07.940 do you think she's time is running short now?

00:51:11.220 Yes or no?

00:51:12.500 Forrest?

00:51:13.380 Absolutely, it is.

00:51:14.340 Is his time coming to an end?

00:51:16.780 Yes or no?

00:51:18.320 Not any time shorter,

00:51:19.720 because he is going that direction by no means.

00:51:23.340 But right now, his power is more concentrated than yesterday.

00:51:28.360 Guys, where did you go?

00:51:29.620 Ten seconds.

00:51:30.160 It's all dynamic.

00:51:31.040 It's going to happen.

00:51:33.180 Where did people go to learn more about the new federal state of China?

00:51:37.760 New on Getter at NFSC.

00:51:40.440 What if he had the brightest mind in the war room delivering critical financial research every month?

00:51:46.760 Steve Bannon here.

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Bannon's War Room - October 20, 2025

WarRoom Battleground EP 873： President Xi Purges Top Military As Speculation Hints At Failed Coup

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