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.
Apple Is the Wealthiest Corporation in History–What if the Chinese Communist Party Shapes Its Behavior?
May 24, 2021
This is an excellent article by Lauren Jackson in today’s New York Times interviewing Shoshana Zuboff, author of “The Age of Surveillance Capitalism.” Zuboff says: “Apple is the wealthiest and most powerful corporation, certainly in modern history, perhaps in the history of capitalism. And Apple now exerts unilateral, essentially unaccountable control over critical communications infrastructures, […]
The compromises that Apple and other Big Tech companies make in China
May 18, 2021
Apple has made very questionable compromises with China’s Communist government to operate its data centers containing Chinese customer information there. The government essentially controls Apple’s data centers, according to this excellent article in today’s New York Times. Apple says its systems in China are “sequestered” from the rest of its global iCloud platform. Yet at […]
The Meaning of China’s Space Achievements
May 17, 2021
Americans are not paying much attention to China’s achievements in landing a spacecraft on the dark side of the moon and on landing an explorer on Mars. What these events signify, however, is that China has made stunningly fast technological progress and has reached parity with the United States in many crucial respects. Compare and […]
We are engaged in a global battle of values with China
May 10, 2021
As New York Times media columnist Ben Smith makes clear in this story today, China is attempting to persuade the world that American values are not universal values and that American messages about freedom of speech and the right to elect one’s government are corrupt. Further, the projection of these values is merely intended to […]
China Tries to Lure in Wall Street–and the China Institute is Helping
April 27, 2021
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 […]
Watch the OPC Foundation’s annual “luncheon”
April 10, 2021
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 […]
