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…
Editor’s note: Rosemary Gibson is a CPA member. Rosemary Gibson is a senior advisor at the Hastings Center, a bioethics research institute, and is the author of numerous books investigating healthcare issues. Most recently she co-authored “China RX: Exposing the Risks of America’s Dependence on China for Medicine,” with Janardan Prasad Singh, which documents what has led…
Editors Note: This is a great State Dept speech showing how confronting and containing China is consistent with post-WWII internationalism. I want to thank the Carnegie Endowment and Institut Montaigne for the opportunity to provide my thoughts on how the United States and Europe can address the global economic challenges posed by China. [MANISHA SINGH,…
Editor’s note: The Biden campaign continues to articulate its version of Trump’s “Make America Great Again” with this Made in America policy document. Joe Biden will mobilize the talent, grit, and innovation of the American people and the full power of the federal government to bolster American industrial and technological strength and ensure the future…
Editor’s Note: Glad to see the “trade wars/imbalances = class wars” analysis of Pettis/Klein gain acceptance. But the “Trump trade war failed” line is different, wrong and reduces the author’s credibility. The actual point is the “war” that surplus countries like China and Germany wage on deficit countries as they under consume, overproduce, and offload their…