Commentary Something happened that I thought I would never see in my lifetime. On July 5, Sweden and Finland signed accession protocols to begin the process of joining NATO. Full Swedish and Finnish membership in the Atlantic Alliance is likely before the end of the year. This expansion of NATO is, to me, nothing short…
Shinzo Abe: He Will Be Missed
Commentary Statesmen come along only once in a great while. Former Japanese Prime Minister Shinzo Abe, who was murdered on July 8 in Nara, Japan, was a statesman. He was the first of the 20-odd Japanese prime ministers to deserve the title in the last 35 years since Yasuhiro Nakasone held office. Even though Abe…
London Is Now the Most Surveilled City in the Western World
Commentary London is a city synonymous with so many things: bad weather, great music, mediocre food, a colorful prime minister, Buckingham Palace, and cameras. Yes, cameras. More specifically, surveillance cameras supplied by companies with close ties to the Chinese Communist Party (CCP). Of course, one cannot discuss surveillance without discussing Jeremy Bentham, the English philosopher…
When Will the Chinese Regime Start Shooting Down Taiwanese, American, Japanese, and Australian Aircraft?
Commentary A dangerous May 26 close-in harassing maneuver by a Chinese jet fighter against an Australian patrol aircraft operating near the Paracel Islands in the South China Sea reminds us that the Chinese Communist Party (CCP) and its People’s Liberation Army (PLA) are prone to calculated endangerment in their pursuit of military coercion. This derives…
Whither Goes Real Estate?
July 8, 2022
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Business & MarketsBusiness ColumnistsFederal Reserve (Fed)HomebuyinginflationOpinionreal estateThinking About ChinaViewpoints
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Commentary Real estate increasingly will face two contrary forces. On the one hand, buying will suffer as rising mortgage rates render home ownership less affordable. On the other hand, ongoing concerns about inflation will drive buyers into real estate, for history shows that it provides inflation protection for their wealth, especially in the face of…
Chinese EV Maker BYD Is Beating Tesla
July 8, 2022
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Business & MarketsBusiness ColumnistsBYDChinaElectric VehiclesOpiniontariifsteslaThinking About China
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Commentary The competition over electric cars is heating up, and China’s BYD just pulled ahead of Tesla. BYD sold 641,000 vehicles in the first six months of the year, with Tesla selling just 564,000. Tesla only sells electric vehicles (EVs), whereas one of BYD’s strengths is not only EVs, about half of unit sales, but…
Scandal Trumps Boris Johnson’s Triumphs
Commentary As I’m writing from the United Kingdom for the next couple of weeks, I thought I would offer a take on Boris Johnson’s resignation that involves one huge missed opportunity and one indefensible decision. On the one hand, we’ll touch on how he fed the left-wing British media a juicy scandal via his own…
China-US Tensions Intensify: US Bill Targets Beijing Over Uyghur Forced Labor
July 7, 2022
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Business & MarketsBusiness ColumnistsChinaforced laborOpinionThinking About ChinaUyghur Forced Labor Prevention Act (UFLPA)Xinjiang
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Commentary Beijing is furious over a new U.S. law. It passed late in 2021 but only went into effect this past June. It would ban imports of any goods connected to the forced labor of Uyghurs in China’s Xinjiang region. It would understate to say that Beijing has taken umbrage. Its spokespeople have angrily denied…
Opinion: Beijing’s Latest Anti-Corruption Regulation Deflects Attention From China’s Real Problems
July 7, 2022
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anti-corruption campaignsCCP (Chinese Communist Party)ChinaChina Business & EconomyChinese RegimecorruptionOpinionSocial IssuesThinking About ChinaXi Jinping
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Commentary State-run China Daily reported on June 20 that “the General Office of the Communist Party of China Central Committee has issued a regulation on the business activities of relatives of officials.” While not fully explained, this appears to be the latest measure targeted at Chinese Communist Party (CCP) bureaucrats and apparatchiks in Chinese leader…
Epstein-Linked Pedophilia Is a Bigger Deal Than a Fake Insurrection
Commentary Ghislaine Maxwell stood up to address the court. The former cosmopolitan socialite was sentenced on June 28 to 20 years in prison for trafficking young women. For years, Maxwell had delivered up victims for sexual assault and childhood grooming to her billionaire boyfriend—the proven pedophile Jeffrey Epstein. The two had been documented as flying…
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