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 Wall Street Journal’s Ideological Agony
April 30, 2020
I’m enjoying watching the editorial page writers at the Wall Street Journal going through ideological agony as the state and federal governments take a central role in combatting the coronavirus. At least since the days of Ronald Reagan, the Journal’s editorial page has promoted the notion that government does not solve problems. It IS the […]
China Intimidates Europe
April 25, 2020
The Chinese government is engaged in a global battle to shape the narrative about the coronavirus. If the story that dominates the headlines is “China Did It,” that is very dangerous to the legitimacy of the Communist Party, at home and abroad. But if the story that dominates is “China Is Saving The World,” then […]
Hosting a book night with Tiff Roberts discussing China and the virus
April 24, 2020
Here is installment No. 1 of a Zoom session I did with my old Business Week colleague Dexter “Tiff” Roberts discussing his book, “The Myth of Chinese Capitalism.” His core argument is that China’s economic boom has relied on labor provided by 600 to 700 million people in rural areas, who have migrated to where […]
An interview with Martin Lee, Hong Kong’s leading democracy advocate
April 24, 2020
The Chinese government took advantage of the coronavirus lockdown in Hong Kong to arrest Martin Lee, whom I first met 25 years ago in Hong Kong. No protests are possible because groups of more than four people are not allowed in public for health reasons. The Western media’s response to his arrest has been slower […]
Should Americans Learn How To Bow?
April 20, 2020
The Japanese Art of Bowing By Toshio Aritake and William J. Holstein Infectious disease czar Anthony Fauci has suggested that Americans and other Westerners might not want to risk shaking hands with each other once they begin to creep out of their coronavirus isolations and quarantines. What, then, will they do to greet each other? […]
Post-virus, what is “decoupling?”
April 17, 2020
The Wall Street Journal reports that American companies operating in China think that “decoupling” of the U.S. and Chinese economies is increasingly likely. I paste it in below. I continue to think that a real decoupling, as proposed by Peter Navarro, is impossible. The United States and China have effectively merged their economies. American political […]
