Gordon G. Chang
Encyclopedia
Gordon G. Chang is a lawyer
and author, best known for his book The Coming Collapse of China, in which he argued that the hidden non-performing loans of the "Big Four
" Chinese State banks would likely bring down China
's financial system and its communist government and China would collapse in 2006. In Nuclear Showdown: North Korea Takes On the World, Chang suggests that North Korea
is most likely to target Japan
, not South Korea
. Chang suggests that North Korean nuclear ambitions
could be forestalled if there was concerted multi-national diplomacy, with some "limits to patience" backed up by threat of an all-out Korean war.
Chang graduated from Cornell University
, where he was a member of the Quill and Dagger
society, in 1973, and the Cornell Law School
in 1976.
He is a regular contributor to The John Batchelor Show, The Glenn Beck Program on Fox News, and CNN
. He also appeared as a special guest on Comedy Central
's The Daily Show
with Jon Stewart
on July 17, 2006. On 3 February 2010, he appeared on Al Jazeera English and argued that China does not have a lot of economic leverage over the US, and it is actually the other way around. On November 24, 2010, he appeared on Imus in the Morning
to discuss the Yeonpyeong bombing.
Chang has been criticized after 2006 came and went with China only growing more and more powerful on the world stage. Chang continues to maintain that China is on the brink of collapse and that the people are one step away from revolution. He also argues that China is a "new dot-com bubble", adding that the rapid growth by China is not supported by various internal factors such as decrease in population growth as well as slowing retail sales. In a separate interview, he remarked that China achieved its 149.2% of its current trade surplus with the United States through "lying, cheating and stealing" and that if China decided to realise its threat that had been expressed since August 2007 to sell its US Treasurys, it would actually hurt its own economy which is reliant on exports to the United States, which economy would be hurt by the action given the nature of the global market.
Lawyer
A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an attorney, counsel or solicitor; a person who is practicing law." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain the stability of political...
and author, best known for his book The Coming Collapse of China, in which he argued that the hidden non-performing loans of the "Big Four
Big Four (banks)
Big Four is the colloquial name for the four main banks in several countries, where the banking industry is dominated by just four institutions and where the phrase has gained currency.-Australia:...
" Chinese State banks would likely bring down China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
's financial system and its communist government and China would collapse in 2006. In Nuclear Showdown: North Korea Takes On the World, Chang suggests that North Korea
North Korea
The Democratic People’s Republic of Korea , , is a country in East Asia, occupying the northern half of the Korean Peninsula. Its capital and largest city is Pyongyang. The Korean Demilitarized Zone serves as the buffer zone between North Korea and South Korea...
is most likely to target Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
, not South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
. Chang suggests that North Korean nuclear ambitions
North Korea and weapons of mass destruction
North Korea has declared that it has nuclear weapons and is believed by many to have nuclear weapons. The CIA assesses that North Korea also has a substantial arsenal of chemical weapons...
could be forestalled if there was concerted multi-national diplomacy, with some "limits to patience" backed up by threat of an all-out Korean war.
Chang graduated from Cornell University
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...
, where he was a member of the Quill and Dagger
Quill and Dagger
Quill and Dagger is a senior honor society at Cornell University. It is often recognized as one of the most prominent collegiate societies of its type, along with Skull and Bones of Yale University...
society, in 1973, and the Cornell Law School
Cornell Law School
Cornell Law School, located in Ithaca, New York, is a graduate school of Cornell University and one of the five Ivy League law schools. The school confers three law degrees...
in 1976.
He is a regular contributor to The John Batchelor Show, The Glenn Beck Program on Fox News, and CNN
CNN
Cable News Network is a U.S. cable news channel founded in 1980 by Ted Turner. Upon its launch, CNN was the first channel to provide 24-hour television news coverage, and the first all-news television channel in the United States...
. He also appeared as a special guest on Comedy Central
Comedy Central
Comedy Central is an American cable television and satellite television channel that carries comedy programming, both original and syndicated....
's The Daily Show
The Daily Show
The Daily Show , is an American late night satirical television program airing each Monday through Thursday on Comedy Central. The half-hour long show premiered on July 21, 1996, and was hosted by Craig Kilborn until December 1998...
with Jon Stewart
Jon Stewart
Jon Stewart is an American political satirist, writer, television host, actor, media critic and stand-up comedian...
on July 17, 2006. On 3 February 2010, he appeared on Al Jazeera English and argued that China does not have a lot of economic leverage over the US, and it is actually the other way around. On November 24, 2010, he appeared on Imus in the Morning
Imus in the Morning
Imus in the Morning is an American radio show hosted by Don Imus on Cumulus Media Networks , and simulcast for television on Fox Business Network....
to discuss the Yeonpyeong bombing.
Chang has been criticized after 2006 came and went with China only growing more and more powerful on the world stage. Chang continues to maintain that China is on the brink of collapse and that the people are one step away from revolution. He also argues that China is a "new dot-com bubble", adding that the rapid growth by China is not supported by various internal factors such as decrease in population growth as well as slowing retail sales. In a separate interview, he remarked that China achieved its 149.2% of its current trade surplus with the United States through "lying, cheating and stealing" and that if China decided to realise its threat that had been expressed since August 2007 to sell its US Treasurys, it would actually hurt its own economy which is reliant on exports to the United States, which economy would be hurt by the action given the nature of the global market.
External links
- Gordon Chang's web site
- "Kim Jong-il will create crisis, China will step in and solve it", Gordon Chang interview to Venkatesan Vembu, Daily News & Analysis, 20 June 2006