Commentary Much of the financial world is abuzz about Chinese property giant Evergrande’s failure to meet its massive debt obligations and the impact it may have on China’s economy and international markets. That certainly matters, and my sense is the shock is likely to be significant and the impact unlikely to be brief. As the…
Is Japan’s New Defense Budget Enough to Counter China’s Threats?
Commentary An optimist would suggest that at least Japan realizes it needs more money for defense. However, beyond that it’s hard to be too positive. The request was in the 2.6 percent increase range. And this is before Ministry of Finance is done adjusting that amount. Japanese defense budgets have been woefully underfunded for decades….
China Plays a Clumsy Nuclear Card
Commentary If there were ever any doubts about how China will comport itself as a superpower, there are fewer today than there were yesterday. This week, in a televised interview with an apparent spokesman for the Chinese regime, the world learned that Australia will be considered a valid target of nuclear weapons if it acquires…
The Problem is Not Just Xi Jinping; It is Communism
Commentary To communists and their ilk, the truth is whatever line the party is now promulgating—that is, until it is superseded by a new line. This is the theme of George Orwell’s great novel, 1984. The protagonist, Winston Smith, works at the Ministry of Truth, constantly amending historical records to be consistent with whatever is…
Forced Organ Harvesting in China Is Medical Genocide for Profit
Analysis New details are emerging about the billion-dollar forced organ harvesting industry in China that has resulted in as many as a million deaths, or more, of unwilling “donors.” The World Summit on Combating and Preventing Forced Organ Harvesting, held between Sept. 17 and Sept. 26, brings together academics, lawyers, and politicians from around the…
The China-Pakistan-Taliban Dynamic: What It Means for the US and India
Analysis China, Russia, Pakistan, and Iran have maintained their embassies in Afghanistan. Taliban representatives also met with those governments, as well as the government of Turkmenistan, before assuming power. India and the United States, by contrast, closed their embassies and recalled their diplomats. At a recent meeting of the Shanghai Cooperation Organization, both Chinese leader…
The Spider Dragon’s Long-Term Goals of Dominating the World
Commentary With great fanfare, Chinese leader Xi Jinping launched two strategic initiatives in 2013 aimed at building a worldwide colonial empire and restoring China to world leadership: the Belt and Road Initiative (also known as “One Belt, One Road”) and Made in China 2025. These have been showcased and explained since then as being primarily…
China’s Crackdown Reminds Big Tech Who’s in Charge
Commentary China’s political leaders fear the power of their ultra-wealthy Big Tech CEOs and react to the threat with political persecution. But in the United States? Not so much. The old adage, “Money is power,” is proving to be much less reliable these days than it used to be, particularly in communist China. Just ask…
US and China Battle for Defense-Critical Rare Earth Metals
Analysis For years, China has undercut other countries in the production and refining of defense-critical rare earth metals, dominating the global market. At present China controls 85 percent of the global supply. The Chinese Communist Party (CCP) uses threats to cut off the supplies of rare earth minerals as a bargaining chip. It did this…
Your Call May Be Monitored: China-Like Surveillance Comes to the US
Commentary In China, WeChat has become an indispensable tool for 1.2 billion of the country’s 1.4 billion people. Need to transfer money? Use WeChat. Need to book a doctor’s appointment? Use WeChat. Need to order a taxi? Use WeChat. Need to message a friend? Use WeChat. The “super-app,” as you can see, is used for…
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