Commentary A new McKinsey report finds that China’s wealth blew past that of America over the past 20 years. Wall Street is too busy lapping it up to care much for the resulting deterioration of our national security. China has overtaken the United States in net worth, according to a new study. The study, by…
US Military Personnel Better Trained Than Chinese Soldiers
News Analysis The Chinese regime’s military modernization has concentrated on employing new technology. But all wars eventually come down to soldiers fighting soldiers, and the U.S. troops are much better suited to combat than the Chinese. Beijing’s intentions are clear, according to a U.S. Department of Defense report on China’s military ambitions. The report states…
Chinese Media CGTN’s Botched Handling of Tennis Star Peng’s Email Reveals Infighting Within the CCP
Commentary The disappearance of Chinese tennis player Peng Shuai has triggered international concern over her whereabouts and safety. Calls for investigation over Peng’s sexual assault allegation against a retired Chinese official has been met by a delayed response from Beijing, which is questionable. Peng, a 35-year-old Grand Slam doubles champion, accused Zhang Gaoli of sexual…
Beijing Responds to the Gravity of China’s Financial Risk
Commentary After dithering for months, Beijing has made its intentions explicit. It will execute a plan to deal with the Evergrande threat to China’s financial system and by extension to the global financial system. There was action a couple of weeks ago, hinted at Beijing’s hand, when a state-owned enterprise paid a handsome sum for…
China’s 6th Plenum Communique Lies About the CCP’s ‘Achievements’ (Part 2)
Commentary Beijing issued a communique on Nov. 11, during the conclusion of the sixth plenum of the 19th Central Committee of the Chinese Communist Party (CCP). The plenum praised the Party’s “major achievements and historical experience” over its 100-year history. However, upon close inspection, the communique is just a propaganda campaign. The communique claims that socialism…
The One Country That Can Replace China as the World’s Factory
Commentary For far too long, China has been the “world’s factory.” That sweater you’re wearing, check the tag. Does it say “Made in China”? Everything, it seems, is made in China—the Walmart of the World. Last year, as other countries were crippled by the pandemic, China’s manufacturing output, according to a Time report, was $3.854 trillion, “accounting for nearly a third…
Trump vs Biden on the China Threat
Commentary When facing a threat as formidable as that posed by the Chinese regime, a consistent strategy of resistance is necessary. The United States has to lead the world in such an enormous effort due to its capabilities. For too long, it did not. Before the Trump administration, there was consistency from Bill Clinton through…
China Telecom Pushes Back Against US Order to Shut Down
News Analysis China Telecom’s conflict with American regulators illustrates the need for tougher laws against companies linked to China’s military and intelligence industries. China Telecom argued in court on Nov. 15 against a U.S. government order to shut down its operations in the United States. The October order cited national security concerns, saying China Telecom…
The End of China’s High-Paced Growth
News Analysis China’s economic growth is flagging, owing to low consumer demand, diminished raw-material imports, decreased factory output, supply side issues, and high factory gate prices. Threatened by heavy debt and a real estate industry on the brink of crisis, China’s economic growth has dropped to levels not seen in decades. As with most countries,…
China’s New Border Law Only Aggravates the Sino-Indian Border Dispute
Commentary On Oct. 23, China’s top decision-making body voted to adopt a new law on the protection and exploitation of the country’s land border areas. The law will go into effect on Jan. 1, 2022. Being the first of its kind, the timing of China’s enactment of such a legislation is significant, and it is…
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