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’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 […]
China’s Big Chill–A Second Piece of New Evidence
January 29, 2015
New Rules in China Upset Western Tech Companies By PAUL MOZUR JAN. 28, 2015 HONG KONG — The Chinese government has adopted new regulations requiring companies that sell computer equipment to Chinese banks to turn over secret source code, submit to invasive audits and build so-called back doors into hardware and software, according to […]
China Clamps Down Still Harder on Internet Access-New York Times
January 29, 2015
This article in the Times is one of two pieces of further evidence that the trends we documented at the OPC China Hands reunion are intensifying. By ANDREW JACOBS JAN. 29, 2015 BEIJING — Jing Yuechen, the founder of an Internet start-up here in the Chinese capital, has no interest in overthrowing the […]
An Important New Book on China
January 16, 2015
I worked on this project for much of 2014 and am delighted that it has resulted in the sixth book that I have written or edited. It’s important because it captures one of those historic moments in which we in the West recognize that we may have fundamentally misjudged China’s direction. The book is now […]
The Riddle of Backshoring
January 15, 2015
Everyone is preoccupied with terrorism at the moment, but this was a very important story in the Wall Street Journal yesterday. It seems that if we want American companies to bring home their manufacturing from China, we have to pay attention to the entire supply chain that they need to make their products on U.S. […]
