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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.

The financial and business takeaways from Xi’s 20th Communist Party Congress
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
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 […]
Please pre-order this exciting new book!
Amazon link here. The pre-orders really matter: they will shape the publisher’s decisions about when to publish and how many books to print, plus how much money to set aside for promotion. We hope to persuade Prometheus to publish before June 2023. That’s an eternity! Battlefield Cyber: How China and Russia are Undermining Our Democracy […]
Biden’s Incredibly Aggressive Moves Against Chinese Tech Gains
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 […]
I continue to fight for journalists covering tough stories. Here’s the latest.
Seeds of New Ideas to Help Journalists Deal with Emotional Trauma Posted October 7, 2022 by OPC of America by William J. Holstein News organizations, journalism schools, safety trainers and non-profits around the world are coming with new ideas for how to help journalists prepare to cover difficult stories and then recover emotionally and mentally afterward. But those […]
Three reasons a Chinese invasion of Taiwan would be different, and more dangerous, than Russia’s invasion of Ukraine
Most of the scenarios I read about a Chinese invasion of Taiwan are too simple. Most of them assume that the conflict and consequent economic damage could be contained to the Taiwan island and surrounding waters. Here are the factors not being discussed enough: The last credible figure I saw for how many Taiwanese are […]
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