CPA Working Paper By Stephen L. Byers PhD and Jeff Ferry Abstract The Coalition for a Prosperous America is introducing the new CPA Reshoring Index to track the success of US manufacturing industry in meeting domestic demand for manufactured goods. The CPA Reshoring Index (CRI) measures the annual change in the share of US consumption…
Beijing buys Brazilian soy and homegrown polysilicon rather than US By Jeff Ferry, CPA Chief Economist It is starting to look like China is unlikely to fulfill the terms of the so-called Phase One agreement on purchases of US goods and services. That deal called for China to buy $200 billion over its 2017 purchase…
By Jeff Ferry, CPA Chief Economist Despite the COVID-19 crisis, Chinese technology company Huawei is having a good spring. In March, it reported that 2019 revenue rose 19 percent to $123 billion, a new high. In the first quarter of this year, Huawei’s chip division HiSilicon surpassed Qualcomm to become number one in the China…
By Jeff Ferry, CPA Chief Economist Millions of people stuck at home are now using the Zoom videoconferencing application. Zoom claims 300 million daily users. But how many of those 300 million know that Zoom is a product that is made in China? Early this month, news emerged that Zoom software, produced by Zoom Video…
By Jeff Ferry, CPA Chief Economist According to rumors circulating in Paris, French president Emmanuel Macron recently had a phone call with Chinese president Xi Jinping in which the Frenchman asked for an emergency shipment of a billion face masks to cope with the COVID crisis. The Chinese president is said to have replied: “We…
By Jeff Ferry, CPA Chief Economist Abstract As we emerge from the current lockdown and economic freeze, the US economy will need a substantial boost. Congress should respond to this opportunity with a two-part economic rebuilding program we call Made in America 2030. This $5 trillion ten-year program would support the rebuilding of vital American…
By Steven L. Byers, PhD and Jeff Ferry The US is in the midst of a public health crisis and the country is struggling with shortages of essential health care supplies. In most cases, these shortages are linked to our excessive reliance on imported supplies, which are arriving in much smaller quantities than ordered, if…
By Jeff Ferry, CPA Chief Economist The Section 232 steel tariffs are reducing the volume of steel imported into the US, providing breathing space for the US industry, which is expanding. The latest data on steel production, imports, and investment show the steel tariffs, enacted in March 2018 are delivering results for steel companies and…
By Jeff Ferry, CPA Chief Economist You are probably hearing a lot about 5G wireless, which is the next big thing in cellular telephone networks. The coming fifth generation of wireless will multiply the speed of cellular reception from around 100 megabits per second to multiple gigabits per second. This new technology will make many…
Excerpt: A new FBI investigation has revealed, China is even attempting to steal medical and biological property from U.S. labs and hospitals. Americans have become increasingly familiar with China’s aggressive theft of U.S. intellectual property. Whether it’s Huawei stealing trade secrets from T-Mobile or a Chinese aviation company stealing the designs of 13 different aerospace companies,…