Blog
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.
The biggest obstacle to Biden’s efforts to limit China tech? American CEOs
February 10, 2023
As a result of the spy balloon incident, it’s increasingly clear that the Biden Administration is going to rachet up its efforts to choke off the supply of advanced American technologies to China, as per this article in today’s New York Times. One lawyer is quoted as saying: “Industry is kind of united. We don’t […]
The media/New York Times seem to have decided China is now weak. Don’t buy it.
January 18, 2023
There’s a burst of media coverage today about China’s problems–its deaths exceeded births last year, here, under the headline: “Why China’s Shrinking Population is Cause for Alarm.” And its population is aging. Among other things, it could hurt the global econony if there are not enough Chinese workers. Then the pudding-headed columnist Bret Stephens writes […]
My conversation with two New York Times reporters on China’s surveillance state
December 1, 2022
VIDEO: ‘How I Did It’ – New York Times Journalists Share Insight About Reporting on China Surveillance
The financial and business takeaways from Xi’s 20th Communist Party Congress
October 26, 2022
As the dust settles from this big meeting, there are two major takeaways for the American financial and business audience. First, the idea that one can invest money in a Chinese entity, expect that it will conform to generally accepted accounting principles, and return profits to its investors is pretty much gone. Every Chinese company […]
Xi Jinping Is Way More Powerful than Mao Ever Was
October 23, 2022
Reading the flood of commentary about the major Communist Party gathering in Beijing, I keep seeing the point being made by highly intelligent analysts that Xi Jinping is now China’s most powerful leader since Mao Tse-tung (Mao Zedong), who died in 1976. But I’d argue that Xi has far surpassed Mao and indeed any Chinese […]
Biden’s Incredibly Aggressive Moves Against Chinese Tech Gains
October 15, 2022
It appears that the combination of the CHIPS & Science Act, the sweeping crackdown on semiconductor and chip-making equipment sales, and the National Security Strategy represents the most forceful effort by any American administration to counter China’s growing global, technological projection of power. This is a far more aggressive and strategic effort than President Trump’s […]