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.
China: What Must Be Done? One Man’s Agenda
March 12, 2018
It’s universal now–every major Western publication and foreign policy intellectual has accepted that China has turned out very differently than anyone expected in 1978, 40 years ago, when Jimmy Carter signed an agreement to normalize relations with China’s Deng Xiaoping. The Chinese are trying to leapfrog us technologically, they are projecting hard military power, they […]
The China Shocks
February 26, 2018
News that Chinese President Xi Jinping has assumed the right to rule for life, effectively turning him into a dictator, is not the only shock wave emanating from the mainland. It’s also clear that China has obtained the technology necessary to leapfrog the United States in some key sectors. And China’s One Road/One Belt initiative, […]
Marty Baron of the Washington Post Asks Important Questions About the Media Today
February 21, 2018
One of the most respected journalists in the land gave this speech in which he suggests that Americans are no longer consuming news as they once did but instead are looking at it for its entertainment value. That’s one key to the rise of Trump. But the most troubling point is that Americans can no longer […]
Quitting Facebook–It’s the Right Thing
February 20, 2018
My wife Rita Sevell has pulled the plug on Facebook. Here is her explanation: “My decision to cancel FB has been long overdue. I am ashamed of my lack of courage to leave my group and the concurrent number of “likes” I may get which serve to affirm my postings. I have given this a […]
An Important Piece in The New York Times on China’s AI Ambitions
February 13, 2018
We’re seeing this pattern pretty much across the board–China is targeting major new technologies with the full-hearted involvement of its central government. In this case, it is pouring massive resources into an effort to develop Artificial Intelligence, which may be one of the most transformative technologies of our lives. American technology companies also are working […]
Beefing Up CFIUS Is Positive–But Not Enough to Respond to China
January 30, 2018
Lawmakers are trying to halt the flow of U.S. technology to foreign investors, primarily it appears the Chinese. They are trying to strengthen an interagency body known as the Committee on Foreign Investment in the United States (CFIUS.) Right now, it can block foreign entities from buying majority control of U.S. companies. A new bill […]