Commentary China’s economy continues to survive despite major obstacles, including the real estate bubble and the trade war with the United States. Ironically, China’s trade ties with the United States has been sustaining its economy—America’s dependence on Chinese goods. Despite the debate in Washington about decoupling from China and the Biden administration’s decision to keep…
Is the Wuhan Coverup the Biggest Lie in US History?
Commentary Trust, we’re told, takes years to build, seconds to break, and forever to repair. Right now, Americans’ trust in government is low—and for good reason. Despite months of denial, documents recently obtained by The Intercept clearly show that both the Wuhan Institute of Virology and the neighboring Wuhan University Center for Animal Experiment, “along…
China’s Port Strategy Positions It for Global Dominance
Commentary Since the end of World War Two, the U.S. Navy has been responsible for maintaining open and orderly overseas trade routes around the world. The United States has borne the costs of doing so, as those trade routes are a key part of the U.S.-led international order. The results, of course, speak for themselves….
A Global China Export Tax
Commentary China is not like other countries. Its model, under the Chinese Communist Party (CCP), is to expand its power and control both vertically and horizontally—that is, in both territorial space and the control of the individual’s actions within that space. This requires maximizing Beijing’s control relative to other countries, including through negotiations over climate…
Debt on Top of Debt: Beijing Issues More Bonds Amid Economic Slowdown
News Analysis Beijing issues new bonds as debts mount and credit swaps increase in price. Local governments, hard hit by the real estate slowdown, are expected to issue more bonds. Much has been written about the quantity of U.S. debt held by China. The Chinese regime, however, has also been steadily increasing its own sale…
Is Beijing Finally Stepping Up to Its Financial Responsibilities?
News Analysis Stranger things have happened, but not frequently. The huge Chinese property developer, Evergrande, after missing an $83 million interest payment on a portion of its dollar-denominated debt, suddenly sent funds to its trustee to make the payment. This move came barely within the usual 30-day grace period for payment—just in time—in other words,…
China: A Troublesome Proliferator of Armed Drones
News Analysis A few weeks ago, China made headlines when it tested a hypersonic glide vehicle capable of carrying a nuclear weapon. This test also revealed that China might be trying to develop a “fractional orbital bombardment” capability. These capabilities, if combined, means that China could acquire the capacity to negate or overwhelm the United…
Rogue Burmese Military Attacks on Christians Facilitated by China and Russia
Commentary Burma’s rogue military, the Tatmadaw, is attacking Christian villages. Sanctions should be swifter and stronger. Having largely ignored genocides against the Uyghurs, Falun Gong, Tibetans, Rohingya, and Tigray, the next up could be Christians in Burma (Myanmar). In Burma’s north-west Chin state, the Tatmadaw soldiers have burned as many as 300 buildings, according to reporting by…
The World Re-Embraces Taiwan
Commentary The international community seems to re-embrace democratic Taiwan, while distancing from communist China, in the context of 50 years after the former was expelled from the United Nations and its seat was given to the latter. On Oct. 26, U.S. Secretary of State Antony Blinken urged U.N. member states to support Taiwan’s “meaningful participation” in…
China’s New Data ‘Exit’ Rules Put Multinationals in a Bind
Commentary Foreign companies doing business in China have been waiting years for clarity from the Chinese Communist regime on how they can extract their data out of China. They’re finally getting what they were waiting for. But it hardly clarifies everything, and introduces new landmines. Last week the Cyberspace Administration of China (CAC) released a…
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