The President's Daily Brief PDB Situation Report | August 9th, 2025: Why China's Economy is Worse Than You Think & Iranian Executions Raise Alarm Bells
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Aug 9, 2025 
Join expert Gordon Chang, author of 'Plan Red,' as he uncovers the looming crisis in China's economy, marked by overproduction and falling prices, leaving Beijing in a precarious position. Alireza Jafarzadeh, from the National Council of Resistance of Iran, reveals the shocking human rights violations in Iran as the regime intensifies executions amid internal dissent post-conflict with Israel. Together, they provide gripping insights into the geopolitical implications of these crises and the urgent need for international awareness.
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Overcapacity And 'Involution' Explained
- Overcapacity causes 'involution' as too many producers spark destructive price wars.
- Mike Baker highlights this dynamic in China's bloated auto sector.
No Off‑Ramp For China's Economy
- Gordon Chang says China has no off-ramp from its policy-driven economic crisis.
- He warns Xi's shift from consumption forces reliance on shrinking exports.
Tariffs Are Closing Export Markets
- Gordon Chang argues U.S. tariff moves and trade deals are shutting China out of key markets.
- He says losing export markets removes China's outlet for excess production and deepens deflationary pressure.
