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.
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 […]
A second Bold Business interview on our ThinkPad book
November 17, 2017
This is a great video on the ThinkPad book. Enjoy.
Trump Destroys American Position in Asia
November 14, 2017
I agree with Susan Rice, writing in today’s New York Times. In one trip, an American president has inflicted grievous damage to our nation’s position in Asia. Presidents both Democratic and Republican have been pursuing very similar paths for decades: An expansion of cross-border trade and investment has created one of history’s greatest economic expansions […]
Trump Reveals Complete Lack of Understanding of China-North Korea Ties
November 9, 2017
President Trump appeared before the South Korean National Assembly and revealed a complete lack of understanding of the dynamics between China and North Korea. “Why would China feel an obligation to help North Korea?” Trump asked rhetorically. The answer is that China’s No. 1 priority is to preserve stability on the Korean Peninsula and to […]
Free historical advice to President Trump on his Asian trip
November 5, 2017
As President Trump journeys to Asia in search of a solution to the North Korean nuclear dilemma, he might benefit from this historical insight: Americans have been trying to unravel the relationship between China and Korea for more than 100 years–and they have consistently failed to get it right. One of my prized possessions is […]
