Excerpt: ““Beijing intends to use the global dislocation and downturn to attract foreign investment, to seize strategic market share and resources—especially those that force dependence, and to proliferate global information systems; to as Chinese sources put it, ‘leap-frog’ industrially, ‘overtake around the corner’ strategically, capture the ‘commanding heights’ globally. Beijing intends to reverse recent U.S. efforts to counteract China’s subversive…

Editor’s Note: Jeff Ferry is chief economist at the Coalition for a Prosperous America (CPA). Two decades of offshoring pharmaceuticals has hurt our national security. [Jeff Ferry | March 17, 2020 | Industry Week] With breathtaking speed, the coronavirus has revealed a previously overlooked vulnerability in the U.S. economy. The United States has become heavily dependent…

Editor’s note: The silver lining in the coronavirus outbreak is that calls for reshoring medical supplies and devices is becoming very strong. Which will help the efforts to reshore other industrial sectors.  New Jersey used to manufacture the world’s medicine supply. But today, the majority of ingredients necessary to make your medicine — more than…

Editor’s note: Michael Stumo asks, in this op-ed: Why do we let Chinese companies sell products made with forced labor in our market when we do not allow US companies to do it?  This past December, a London family bought a package of Christmas cards to mail to friends. Their 6-year-old daughter opened one of…

Editor’s Note: CPA member Steve Papa explains Parallel Wireless’s strategy for 5G. His goal is to destroy Huawei by building and deploying the world’s best 5G networks.  The global race for 5G leadership is especially important because, apart from all the associated job creation and economic growth from 5G business offshoots, our national defense relies…

Editor’s Note: David Morse is the tax policy director at the Coalition for a Prosperous America Education Fund.  Super Tuesday has come and gone and with it an opportunity to debate a perennial tax dilemma for America’s domestic companies.  [David Morse | March 11, 2020 | Morning Consult] Super Tuesday has come and gone and with…

Editor’s Note: New CPA member Parallel Wireless CEO Steve Papa talks about his plan to disrupt Huawei with new 5G wireless systems based on a completely new RAN (radio access network).  US lawmakers and tech experts want a strong American competitor [Audrey Conklin | March 8, 2020 | FoxBusiness] As Chinese tech giant Huawei continues to…

By Steven L. Byers, PhD and Jeff Ferry  The US trade deficit in goods and services for January 2020 fell 6.7 percent from December, to $45.3 billion, as January’s monthly imports decreased more than exports. On a year-over-year basis, January’s goods and services deficit fell $8.5 billion, or 15.8 percent, from January 2019, continuing the…

Editor’s note:  USDA is finally, hopefully, considering something helpful to cattle producers. Ag Sec Perdue has been too friendly to foreign meat packer and importer interests, including allowing Brazilian beef into the US recently, despite the foot and mouth disease risk. Brazil is the China of beef, and this move will drive down cattle prices…