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.
One of the most important pieces on China’s raw power
January 7, 2018
Former Beijing correspondent for the New York Times, Edward Wong, has written an exceptional piece about China today. In part, he says, “From trade to the internet, from higher education to Hollywood, China is shaping the world in ways that people have only begun to grasp. Yet the emerging imperium is more a result of […]
How Trump’s North Korea Strategy Could Backfire
January 3, 2018
When I first went to South Korea in 1988 before the Seoul Olympics, Business Week’s super-stringer Laxmi Nakarmi organized my schedule of appointments. I was going to see people at the large chaebol, or conglomerates, who were about to launch an amazing economic and technological blitz into the world. I was going to see government […]
Digital simulation technology is evolving rapidly–My latest piece for Compass magazine
December 26, 2017
I’ve been enjoying writing about cutting-edge technologies such as digital simulation. It is another technology that is changing the world.
I was wrong about China’s ability to innovate–and the implications are enormous
December 12, 2017
For years, I have been a skeptic that China could out-innovate the United States. A top-down Communist Party system dependent on state-owned enterprises could not allow a flowering of cutting-edge new ideas. The lone exception was that Chinese private sector organizations could buy failing but still promising technology divisions of Western companies, as Lenovo did […]
Is the Japanese government bribing the Trump family?
December 1, 2017
I’m just learning that Japanese Prime Minister Shinzo Abe made a $50 million contribution to a women’s finance initiative that Ivanka Trump created and did so during a visit she made to Tokyo on Nov. 3 just days before her father, President Donald Trump, started his Asian tour in Japan. My Japanese sources tell me that […]
