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 Real Story Behind Huawei
December 26, 2019
A truly excellent piece in today’s Wall Street Journal. The Chinese party-state has given or lent some $75 billion to Huawei. Can there be any question but that if the government were to ask Huawei for access to a specific telecommunications network, that Huawei would be obliged to grant it? The Chinese party-state early on […]
Alarm Bells About Chinese Penetration Are Also Going Off in Japan
December 16, 2019
Nikkei is like an official part of the Japanese intellectual and governing establishment. The fact that they are publishing this, suggests that very serious people in Japan are beginning to recognize all the things I wrote about in The New Art of War. The Chinese are using the same set of tools all around the […]
It’s Now Clear–Beijing Won
December 16, 2019
A careful reading of everything that’s been written about President Trump’s so-called Phase One trade deal with the Chinese government leads me to conclude that the Chinese have been vindicated by adopting an intransigent Long March kind of approach. The Americans simply lacked the intestinal fortitude for a prolonged standoff. In the end, domestic considerations […]
The New York Times Agrees With Me–Trump’s Deal With China is a Flop
December 14, 2019
President Trump is completely out of his depth when it comes to negotiating with the Chinese, who are masters of the Long Game. It would take sustained, institutionalized focus to prevail in any negotiation with them and that is precisely what Trump is incapable of. The august New York Times agrees.
Did the Chinese Beat Trump?
December 13, 2019
The details are still not clear, but it appears to me that the Chinese outlasted and outmaneuvered President Trump, who once declared that trade wars are easy to win. The agreement, as much as we know of it, postpones the imposition of new tariffs on the last tranche of Chinese goods in exchange for tens […]
China Moves into Central America
December 4, 2019
While we either ignore or bully Central America, China is moving in, big time. This from Reuters: WORLD NEWS DECEMBER 3, 2019 / 12:11 PM / UPDATED A DAY AGO China signs on for ‘gigantic’ investment in El Salvador infrastructure Nelson Renteria 2 MIN READ El Salvador’s President Nayib Bukele talks to China’s Premier Li […]
