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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.

A fascinating test case of China’s power in Washington
The two houses of Congress are locked in a struggle over a large bill that would pump $52 billion into the American semiconductor industry, giving it a lift at a time when China is striving mightily to catch up. The bill would presumably postpone the day when China could achieve anything approaching parity. It currently […]
Europeans Ahead on Figuring Out How to Regulate Big Tech
This article is from the Center for Security and Emerging Technology at Georgetown University. CSET hosts some of the smartest people on the planet, in my humble estimation. The Euros have figured out to define “core platform services.” The EU’s New Digital Act Could Mean Big Changes for Tech Giants: On March 24, European Union leaders reached […]
My interview: How Cyber Stands at The Heart of the Competition with China and Russia
American CEOs Must Rethink “Globalization”
I have been involved in this grand debate since driving to Midland, Michigan in the mid-1970s to interview Dow Chemical CEO Carl Gerstacker, who argued that he wanted to buy an island not governed by any nation-state to domicile his company. He believed Dow should become independent of any government. Here’s where we are today: https://asiatimes.com/2022/03/covid-and-war-reshoring-america-inc/
A brilliant new study on China’s global digital ambitions–it wishes to disrupt liberal democracies.
I just happened to stumble over a study that should be on every serious person’s reading list. It is entitled, “China’s Digital Ambitions: A Global Strategy to Supplant the Liberal Order.” It is from the National Bureau of Asian Research. It is available free to download here. We have known that Huawei’s 5G wireless communications […]
For American CEOs: Is It The End of Globalization?
For generations, American chief executive officers and other top managers have believed that it was their job to create global platforms that would maximize their short-term profits and hence their share price. It did not matter where the companies sold their products or services, where they obtained financing, where they developed or sold technology, or […]
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