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.
Japan Surpasses China As Largest U.S. Creditor
April 16, 2015
I keep beating these drums because I think Americans have to finally get serious about understanding and responding to the emergence of not just one new East Asian economic powerhouse but at least two–both Japan and China. The U.S. conventional wisdom these days is that Japan is finished. I can’t believe how many times I […]
The Weak Link In Hank Paulson’s View of China
April 14, 2015
My readers know I follow the U.S. debate about China with great attention, so I have been watching Hank Paulson emerge with his new book, “Dealing With China: An Insider Unmasks the New Economic Superpower.” I attended an event last evening at the Asia Society at which Paulson, the former CEO of Goldman Sachs and […]
3D Manufacturing Is No Longer in The Future–It’s Here, on the Manufacturing Floor
March 11, 2015
Are you ready for the additive manufacturing revolution? My latest in Chief Executive magazine. By William J. Holstein Busy CEOs may be forgiven for trying to tune out the noise and hype that technology suppliers try to generate. Remember the Y2K craze? But every once in a while, a technology reaches what Andy Grove, the first […]
Which Way Is China Headed?
March 9, 2015
Here is a video interview I did with the ChinaFile arm of the Asia Society, on the basis of the China Hands reunion, which serves as the basis for my latest book, “Has The American Media Misjudged China?”.
China’s Car Industry Not Coming On As Strong As Expected
February 24, 2015
It wasn’t long ago that many commentators expected the Chinese to begin exporting vehicles to the American market and dramatically undercut the price charged by American, Japanese and Korean automakers. Warren Buffet, for example, famously invested in electric car maker BYD. But just as Buffet found that BYD was no where close to internationally prevailing […]
Has The New York Times Declared A Truce in War with General Motors?
February 5, 2015
The New York Times has been leading the media attack on General Motors, suggesting that senior management knowingly sold cars to people that killed them. The story line was been clear and persistent. But a funny thing happened on the front page of the Gray Lady today. It put a smiling picture of CEO Mary […]