By Kenneth Rapoza, CPA Industry Analyst Pew Research survey shows that Americans think human rights should surpass corporate interests in Biden’s China policies. When asked if the US should “try to promote human rights even if it harms economic relations with China”, 70 percent of those responding to a Pew Research survey said they were…
The State Department has declared a genocide in Xinjiang, China. What happens next?
By Kenneth Rapoza, CPA Industry Analyst The FDA hasn’t inspected nearly 1,000 overseas labs making drugs for the US market due to the pandemic. But that my be the least of its problems. We know where our sneakers and cars are made, but not the ibuprofen from the local drug store. Why not use country…
By Kenneth Rapoza, CPA Industry Analyst By most measures, China is preparing for the future. The 2021 Government Work Report is a reminder of what China plans to do remain resilient and a dominant force in global supply chains. The best way to look at China’s annual Government Work Report is that it is Beijing’s…
Reshoring & Re-establishing Supply Chains — Doing so brings jobs, assets, and resources back to the U.S.. Harry Moser, founder and president, of the Reshoring Initiative talks with Melissa in episode 6 of Coalition Conversations. Want to learn more on the Reshoring Initiative and the programs Harry has worked on? Visit the following links: Reshoring Initiative…
By Kenneth Rapoza, CPA Industry Analyst As states lift lockdowns, pent up demand from consumers and businesses are driving imports. But the data shows that where we have yawning deficits — in things like pharmaceuticals with wealthy nations — there is an urgent need to reshore and reverse the current import trend. If not, we…
By Kenneth Rapoza, CPA Industry Analyst The Government Accountability Office says more can be done to stop forced labor goods from coming into US ports. Here’s a look at some American apparel makers who have sourced from companies that are currently banned by Customs. No one is saying they did it on purpose. But global…
By Kenneth Rapoza, CPA Industry Analyst Anthony Blinken: the US will build a “foreign policy for the middle class.” This will require a massive reindustrialization push, and a Biden administration willing to be at odds with multinational corporate interests that are increasingly global in nature. Did Secretary of State Anthony Blinken just make free traders,…
By Kenneth Rapoza, CPA Industry Analyst President Biden’s Executive Order on critical supply chains and their resiliency needs special attention to be placed on the mining and the recycling of key minerals used in electronics, electric car batteries and magnets used in defense navigational equipment. President Joe Biden issued an Executive Order last week to…
By Kenneth Rapoza, CPA Industry Analyst Shipping companies are preferring to send empty containers to Asia, in order to offload them and fill them with China goods bound for the US at a much higher price. Twenty-four Senators from farm states are now getting involved. Our new export to China: empty space inside a container…
