The government of Xi Jinping has a clear objective in seeking to lure in American financial entities into China. They obviously want access to more capital, but the Chinese also view Wall Street as an important ally in shaping American governmental policy toward China. The Chinese have astutely recognized that Wall Street has power in […]…
About: William Holstein
Author Archives: William Holstein
Watch the OPC Foundation’s annual “luncheon”
Dear everyone, many of you have known about my work with the Overseas Press Club Foundation, but have never been able to see it. Because of the pandemic, we had to stage our annual ceremony, where we announce our scholarships, on Zoom. It’s about 55 minutes long but moves along very smartly. We hired professional […]…
You can watch the OPC Foundation in action this year–without leaving your home office
Dear everyone, one of the causes I have fought hardest for in my career has been the Overseas Press Club Foundation, which launches young foreign correspondents. We traditionally have an annual luncheon where we unveil our latest crop of winners, but this year obviously we were hit by the pandemic. Amazingly, we’ve been able to […]…
Is Facebook helping Chinese government propaganda masters?
This article from the Wall Street Journal is behind a pay wall but it’s worth the irritation of pasting it and cleaning it up here. The Chinese are using Facebook, Twitter and perhaps other U.S. social media platforms banned from China to spread their propaganda around the world. Facebook’s revenue from Chinese advertisers may exceed […]…
China Throws Down the Gauntlet
Throwing down the gauntlet means issuing a direct challenge and that’s what top Chinese diplomats have done this week in Alaska. Some Chinese diplomats around the world have been aggressive as part of what they called “wolf warrior” actions. But now China’s top two diplomats have established beyond a shadow of a doubt that China […]…