Chinese authorities have given Goldman Sachs the right to take 100 percent control of its Chinese affiliate, as per this story in the New York Times. This is all very cynical, even for a company whose very name stands for shady dealing. Remember the multi-billion dollar scandal in Malaysia? By giving Goldman a lucrative deal, […]…
About: William Holstein
Author Archives: William Holstein
LinkedIn Pulls Out of China–How far will the tech decoupling go?
Microsoft’s LinkedIn unit decided to pull out of China, as widely reported in today’s papers. The New York Times calls a “move that completes the fracture between American and Chinese social networks.” The Wall Street Journal calls it the biggest retreat of an American technology company from China in years. I’d say we’re still in […]…
Pentagon Official Resigns Because DoD Is Failing to Compete with China in AI
This speaks volumes. And AI isn’t the only arena where the Pentagon has failed to respond fast enough. Its IT systems are wide open and the Chinese and Russians must be having a field day. This article, for the first time that I’ve seen, states that the defense department was penetrated as a result of […]…
How China is Subverting U.N. Organizations
China Is Choking Civil Society at the United Nations…
A stunning map of China’s Belt & Road Initiative Projects
CSIS’ Reconnecting Asia Database includes over 14,000 infrastructure projects across the Eurasian subcontinent since 2006, including many of China’s BRI projects. Credit: CSIS Reconnecting Asia Project Most Americans don’t understand just how massive China’s BRI is. The Chinese government is creating a new empire. This map is from the Center for Strategic and International Studies, a think […]…