Editors Note: More of this is needed A Motor City bicycle maker has left its training wheels in the dust. [Sam Jones | July 15, 2020 | Detroit News] Founded nine years ago, Detroit Bikes LLC now produces up to 10,000 bikes a year, says CEO Zak Pashak. And it’s poised this month to begin assembling 500 copies of Schwinn’s…
Editor’s Note: The Biden campaign recently released its infrastructure and clean energy plan. It is below. At this moment of profound crisis, we have the opportunity to build a more resilient, sustainable economy – one that will put the United States on an irreversible path to achieve net-zero emissions, economy-wide, by no later than 2050.…
Editor’s Note: The China hawks are not just “loose” but are in a hurry towards a containment policy. PHOENIX — As President Trump speeds toward an election during a pandemic, an economic crash and domestic unrest, he is blaming China for his and America’s troubles. With no more deals in sight, Trump’s attitude shift has…
Editors Note: CPA has long been pushing to deregister Chinese companies from US stock market because they will not share their financial records with the public or regulators. WASHINGTON (Reuters) – The Trump administration plans to soon scrap a 2013 agreement between U.S. and Chinese auditing authorities, a senior State Department official said, a move…
Editors note: China’s continuous subsidy machine, in the form of loans that don’t need to be paid back, is accelerating. This is how they can sell at prices that don’t make sense. Banks extended a record 12.09 trillion yuan (US$1.73 trillion) of new loans in the first half of 2020, beating a previous peak of…
Editors Note: This is a great development. Rule requires companies to show they do not use certain Chinese groups’ products [Demetri Sevastopulo | July 10, 2020 | Financial Times] Companies that provide the US government with goods and services must certify that they do not use Huawei equipment or products from other controversial Chinese groups, according…
Editors note: Message from China’s ambassador to the UK, “ [I]f you want to make China a hostile country, you will have to bear the consequences.” At last, the Western world is waking up to an obvious truth: The Chinese Communist Party is a deeply unpleasant regime that is hell-bent on world domination, and is most…
Editor’s Note: A Londoner view on the Great Decoupling from China. New cost calculus and COVID-19 offer opening if investment in competitiveness [Diana Choyleva | July 10, 2020 | Nikkei Asian Review] Growing disillusionment with China, heightened by misgivings over Beijing’s initial handling of the coronavirus pandemic, presents the U.S. with the opportunity to launch…
Editors note: FBI Director Wray explicitly lays out how China is using every tool available to dominate globally and to erode America’s economic and military strength. China’s Attempt to Influence U.S. Institutions: A Conversation with FBI Director Christopher Wray [Walter Russell Mead & Christopher Wray | July 7, 2020 | Hudson Institute] Walter Russell Mead:…
Editor’s note: If you are in the market for toothpaste, try out this USA made brand described by Roger Simmermaker. When you ask most people which brand of toothpaste is the best, you usually get the typical responses that involve international brands: Crest, Colgate, Arm & Hammer, Aquafresh, etc. Some of these brands may make…