Commentary The boom is upon us. That is the economic outlook of California State University–Fullerton (CSU Fullerton) business and economics professors Anil Puri and Mira Farka. CSU Fullerton held its 2021 Spring Economic Forecast April 21 via Zoom, with speakers including professors, and real estate professionals. The takeaway? The university expects the economy to grow…
US Economy Expected to Boom This Year
It’s Time for Americans to Stand Up Against China’s Technology Theft
Commentary Thirty years ago, the United States began to open its doors to China under the “constructive engagement” policy. The hope was to help liberalize China and steer it to be a “stable, open, and non-aggressive” world player, as former President Bill Clinton envisioned. At that time, China’s technology lagged behind the United States’. It…
How to Resolve Threat of the CCP’s One Belt One Road Initiative
Analysis Seven years have gone by since China started its One Belt One Road Initiative (BRI) in 2014. In 2013 Chinese leader Xi Jinping first introduced this transnational economic belt initiative, then known as the Silk Road Economic Belt and the 21st Century Maritime Silk Road. The BRI starts in mainland China, moves along the…
More Than a Threat: China Collects Americans’ DNA
Commentary In the past few years, the United States has come to the realization and consensus that China, with its ambition to achieve global domination and its complete disregard for ethics and humanity, has become the number one threat to the United States and the rest of the free world. Espionage by China has long…
Beyond the Dollar: China’s Plan to Replace US Treasuries
News Analysis Beijing experienced limited success in its quest to overtake the U.S. dollar as the global trade currency. But it may have an easier time convincing the world of its government bonds as an investment alternative to U.S. treasuries. So far in 2021, Chinese government bonds have far exceeded the performance of their U.S….
One-Fifth of Biden Administration ‘Infrastructure’ Plan to be Spent on Infrastructure
Commentary Just 21 percent of President Joe Biden’s proposed “infrastructure” plan is proposed to be spent on traditional infrastructure projects such as bridges, trains, waterways and roads. The remaining 79 percent, would be spent to support industrial policy and what has traditionally been called “pork barrel” projects. Of the proposed spending, 26 percent would support…
Chinese Leader Xi Jinping Signals Return to the Mao Era
Analysis April 4, 2021, Easter Day, was the same day as the Ching Ming Festival in China, also known as Tomb Sweeping Day, the day when the Chinese honor ancestors and families gather to pay respect to the dead. On this day, the Chinese regime quietly opened the grave of former Chinese Communist Party (CCP)…
The Slow Death of Hong Kong
Commentary On April 1, better known as April Fools’ Day, a Hong Kong court issued an unjust but unsurprising verdict. Seven Hong Kong democratic leaders were convicted of organizing unauthorized assemblies. These refer to the mass pro-democracy marches that took place during the summer of 2019. The official sentences of the seven charged activists will…
Opinion: The Slow Death of Hong Kong
Commentary On April 1, better known as April Fools’ Day, a Hong Kong court issued an unjust but unsurprising verdict. Seven Hong Kong democratic leaders were convicted of organizing unauthorized assemblies. These refer to the mass pro-democracy marches that took place during the summer of 2019. The official sentences of the seven charged activists will…
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Economy in Western US is Improving, Report Says
Commentary The Federal Reserve Bank of San Francisco (SF Fed) on April 14 reported ongoing demand in residential real estate, some tapering in mortgage refinance activity, and hiring of furloughed workers in the hospitality industries where health restrictions have been relaxed. As part of the Federal Reserve’s monthly Beige Book report, the SF Fed provided…