I feel dirty for saying this, but I agree with him, but just on the nature of China and the threat it poses. I couldn't disagree more regarding Trump, who is a bluffer and not a good one. Possibly worst negotiators in the world, has horrible instincts if it doesn't involve gauging racist resentment. Lie, cheat and steal covers the rest. I feel that's just Bannon living up to the requisite amount of ass kissing one has to perform to get noticed, to gravitate into Trump's orbit where influence can be exerted. He still wants to be a king maker, a player in right wing politics. I can't stand the guy, but on China he's not exactly wrong. As a nation we have been largely reluctant to acknowledge what China does as long as our consumers and companies get cheap goods and labor.
It would be nice to see Bannon express some kind of regret over Trump doing what he can to Make China Great Again wrt TPP, but then that would call for more candor than he's capable of.