News Analysis International investors will find investing in China harder given the censorship of respected business news, and the state-fueled rise of communist nationalism. Beijing is imposing new pressure on Caixin Media, one of China’s most respected business news sources. On Oct. 21, China’s internet watchdog deleted Caixin from its list of 1,358 approved sources….
With Censorship and Nationalism, Beijing Puts International Investors in Tight Spot
Fear Flying Faster Than Hypersonic Missiles
Commentary Americans should be reasonably concerned but not panicked over hypersonic weapons. Realistic upgrades to proven and existing technology will prove more than adequate in countering the new threat. The Chinese regime recently launched a hypersonic missile and it has led to a great deal of hand wringing among the general public. Analysts have claimed…
New US Ambassador Aligned With Shifting Worldview on China
News Analysis The U.S. government has the right to “expand our arms provisions to Taiwan,” said Nicholas Burns, President Joe Biden’s nominee for U.S. Ambassador to China. During his Senate confirmation hearing on Oct. 20, Burns hit nearly all of China’s soft spots—the uncomfortable subjects that the Chinese Communist Party (CCP) wants the world to…
Japan Gets Serious About China
Commentary China is a growing military challenge to its neighbors, one that is expanding in terms of size, capabilities, and quality. Nowhere has this growing insecurity regarding China been more self-evident than in Japan. Beijing is increasingly hardline and assertive in pushing its regional great-power objectives, largely because its improving military permits such an aggressive…
Will the Evergrande Crisis Impact America?
Commentary The Evergrande insolvency crisis has had a reprieve, but there may be more to it than meets the eye—much more. After trading for the company’s shares was halted on Sept. 31, the resumption of trading on Oct. 21 led to further declines in its stock price, falling from HK$2.95 to HK$2.58 per share. Evergrande’s…
The Disturbing Response to China’s Hypersonic Missile Test
Commentary Communist China’s apparent test of a nuclear-capable hypersonic missile is highly disturbing. But perhaps even more disturbing is what the episode has revealed about how unserious and ill-equipped America appears to be in the face of a regime that is relentlessly pursuing hegemony. As the House Armed Services Committee reported last year, hypersonic weapons…
China-Russia Cooperation: Not Really Allies
News Analysis The relationship between Xi Jinping and Vladimir Putin is largely predicated on a common interest in countering the United States, but this does not actually make China and Russia allies. In the long term, it is unlikely that Russia desires to become a junior power in a global axis, dominated by China. Chinese…
Xi Jinping’s Rule Is Contingent on a Weak US Response
Commentary A great boxer can take a punch. In the rough and tumble of international politics, states and their leaders must be able to as well. It is an open question whether China’s Xi Jinping could. Like a boxer with a glass jaw, as the leader of the Chinese Communist Party (CCP), Xi cannot handle…
Another China-Style Sputnik Moment?
Commentary The recent Chinese tests of suborbital hypersonic glide vehicles is a wake-up call to U.S. defense planners. In July and August, China reportedly carried out tests of a hypersonic orbital missile capable of carrying a nuclear warhead. In recent days, there has been a flurry of press reports stating that these tests “shocked” the…
One-Man Rule Drives China’s Growing Instability
Commentary In Xi Jinping’s comprehensive dictatorship in China, is the world witnessing the emergence of Mao Zedong 2.0? It certainly appears so. Recall that Mao was the founder of communist China, and his rule was marked by failed economic policies, social oppression and chaos, Communist Party purges, and famines and death on an industrial scale….
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