I believe the most important thing Americans must do is to secure their economic well-being in an increasingly challenging, complex world. What I have written about all these years is the process of creating wealth, not for any one individual, but for the United States as a whole. Ever since I was a young correspondent witnessing the emergence of China after the country opened in 1979, I’ve believed we have to get more serious about creating wealth. I retain faith in the resiliency of the U.S. economy and the enterprise of American people. If Americans have the right strategies, we can once again create widespread wealth. Come with me on this journey.

China’s Search For Resources: A Global Story
When I first started traveling in southern China in 1979, the country was virtually self-contained and self-sufficient. It had very little intercourse with the outside world. But now 35 years later, China’s economic emergence has become a truly global story. China isn’t a regional issue. It has become a global one because the Chinese are […]
The New York Times Take on Puerto Rico
I wish to congratulate the Times yet again. They are following closer and closer on my heels. I am beginning to feel the competitive pressure! Here they are, just after my previous blog on Puerto Rico: Economy and Crime Spur New Puerto Rican Exodus By LIZETTE ALVAREZ FEB. 8, 2014 Launch media viewer SIGNS OF […]
Anxiety Rising Over Relations Between Japan and China
I’d like to congratulate Andrew Ross Sorkin of The New York Times for breaking this story only 24 hours after I did. Unfortunately, he had to travel to Davos to figure it out, but I was able to do it from the comfort of my North American regional headquarters: January 27, 2014 Anxiety Rising Over […]
Earth to Apple: You Have a Problem in China
For several decades now, Apple and many other major manufacturers have assumed that a basic model of manufacturing in China would endure forever: the Chinese would allow virtually unlimited import of Japanese parts for assembly into products destined for both the Chinese market and the world. The Apple iPhone, according to one study, consists of […]
China-U.S. Relations, 35 Years Later
It was 35 years ago this month that the United States and China normalized relations. It was also 35 years ago this month that I arrived in Hong Kong as a correspondent for United Press International. I didn’t realize how impeccable my timing was. China has exploded economically, as many of us thought it would. […]
There Go The Idiot Economists Again
I think that when the history of this era is written, and future historians wonder why we Americans did not respond to our economic challenges, the conclusion will be that the entire economics profession failed. We are now five years into our economic crisis, which is half a decade. It’s not hard to imagine that […]

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