The US Ambassador to China Says President Xi Seeks ‘Total Control’ Of Military

Watch on YouTube ↗  |  January 27, 2026 at 07:03  |  10:46  |  Bloomberg Markets
Speakers
David Perdue — US Ambassador to China

Summary

US Ambassador to China David Perdue speaks with Stephen Engle on Insight with Haslinda Amin about the state of US-China relations after the Busan meeting. Perdue says the truce is largely being honored, with progress on fentanyl precursors and soybean purchases, and he hopes a Boeing aircraft deal can be completed. He also discusses trust-building, allied relations, China's military purge, and the Jimmy Lai case.

  • Perdue says China is complying with most Busan trade commitments.
  • Fentanyl precursor controls and law-enforcement cooperation are progressing.
  • Soybean purchases are on track, and a Boeing aircraft deal is hoped for.
  • Perdue describes US-China trust as improving but still fragile.
  • He says China's military purge reflects Xi's anti-corruption and control efforts.
  • He notes Trump raised Jimmy Lai's release on humanitarian grounds.
  • He comments on allies seeking deals with Beijing while maintaining US ties.
  • He mentions Boeing, Visa and others seeking China commercial deals.
Ideas
David Perdue US Ambassador to China 1:08
China on track to buy soybeans
China is making progress on soybean purchases and is on track to buy everything it committed to under the Busan trade agreement, which supports US soybean demand and confirms the truce is being honored.
David Perdue US Ambassador to China 9:35
China Boeing order could be significant
A potential Boeing aircraft deal with China is being worked on, and the ambassador is hopeful it goes through; China has not made a major Boeing purchase in years, so a deal would be significant for Boeing and for China.
Up Next

This Bloomberg Markets video, published January 27, 2026, features David Perdue discussing SOYB, BA. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: David Perdue  · Tickers: SOYB, BA