Category: Business Columnists

Foreign Investors Flee as Chinese Markets Totter

Commentary Foreign investors continued to reduce their holdings of Chinese bonds in May for the fourth consecutive month. The divergent monetary policy between the United States and China, as well as a fundamental economic weakening, have driven foreign investors away from China in droves. And unlike Chinese selloff periods over the last decade-plus, foreign investors…


Will Chinese Tariffs Be Sacrificed on the Altar of High Inflation?

Commentary Reversing Trump-era tariffs on China appears to be inevitable. With year-on-year inflation at 8.6 percent, the Biden administration is trying to find solutions to the problem. An ongoing effort that has failed to dent the inflation numbers has been the tapping of the strategic petroleum reserve aimed at depressing the price of oil. The…


Kiss of Death for the Economy

Commentary  To me, it sounded more like desperation than rational thinking. Shanghai and much of China’s eastern industry and port facilities had been ruthlessly shut down thanks to the draconian, frankly evil policies of the communist regime. From an economics perspective, freight rates and shipping prices should have already surged, another bottleneck imposed upon global…


Zombie Corporations: The Harbingers of Economic Doom?

Commentary  How do you know something just isn’t so? It usually requires an understanding that there’s a misconnection or gap between two things. It may be something in your personal life or in the economy. As I explained in my previous column, we found this “gap” in the world economy in March 2017 (pdf). In…


Opinion: Top CCP Economist Calls on China to Seize Taiwan Chipmaker TSMC

Commentary Earlier this month, Chen Wenling, the chief economist of China Center for International Economic Exchange, a state-run Chinese think tank, proposed that China “recover Taiwan” and seize Taiwan Semiconductor Manufacturing Co. (TSMC) if the United States and the West imposed sanctions on China akin to those that have been imposed on Russia. TSMC is…


What Do Watermelon Prices Have to Do With Putin’s War?

Commentary Food prices are sky high. On a recent trip to the supermarket in America, I spent $30 on a watermelon. It was a heavy 23-pound melon, but it lightened my wallet more than expected. Watermelon buyers better weigh first and do a little math before plopping them in the shopping cart. That shopping trip…


The Spies Who Loathe Us

News Analysis In the early days of Social Media—it must have been around the year 2005—a friend wrote that she would stay off completely and forever. She valued her privacy. She saw absolutely no gain to posting her whereabouts and goings on for the world to see. The state can too easily take that information…


Chinese Weapons Continue Not to Impress the Global Arms Market

News Analysis The Stockholm International Peace Research Institute (SIPRI) recently released its data on the global arms trade for 2021, and the news for China is not good. Most foreign arms buyers continue to shun Chinese weapons systems. According to SIPRI, Chinese arms exports for 2017–2021 fell by nearly one-third over the previous five-year period…


China’s Xi Will Kill the Golden Goose

Commentary Although China can look back on an economic miracle, its future seems highly encumbered. Even with the best policies coming out of Beijing, aging demographics and the natural tendency for development to slow the pace of growth would have their effects, as would the legacy of past policy errors, such as residential overbuilding. Still,…


The 5 Stages of Totalitarianism

Commentary  Fears of a growing totalitarian tendency in the United States have swelled during 2020–2022. But how close are we really to a totalitarian state? How have such regimes come about historically and what are the warning signs? This article will answer these questions by examining totalitarian regimes in the eighteenth and twentieth centuries and…