Commentary “Do I really look like a guy with a plan?” Heath Ledger’s Joker famously asks Harvey Dent in the 2008 masterpiece, “The Dark Knight.” Many Americans have been wondering for months if Joe Biden has a plan for … just about anything. The president and his administration continue to stumble from one crisis to…
China’s Metaverse Is Dystopia
Commentary The metaverse, that virtual world that teens everywhere are entering with a headset and hand controllers, could eventually pull in $8 trillion. That so enthralls Mark Zuckerberg that he changed the name of Facebook (the parent company) to Meta and is developing haptic gloves that interact and give tactile sensations. Haptic suits that give…
Little Help on Inflation
Commentary Recently, the White House released its plan to deal with inflation. Except for its commitment to off-load most of the effort onto the Federal Reserve (Fed), it offers little that can help except over the very long run, which means little for people paying to cool their homes this summer, bring home groceries, or…
Foreign Investors Flee as Chinese Markets Totter
June 24, 2022
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Business & MarketsBusiness ColumnistsChinaChina Business & EconomyChinese bondsforeign investorsOpinionThinking About China
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Commentary Foreign investors continued to reduce their holdings of Chinese bonds in May for the fourth consecutive month. The divergent monetary policy between the United States and China, as well as a fundamental economic weakening, have driven foreign investors away from China in droves. And unlike Chinese selloff periods over the last decade-plus, foreign investors…
Forget Hard Power and Soft Power, China Is Using a Different Type of Power
Commentary Within the realm of geopolitics, the word “power” is synonymous with acts of aggression, including military might and harsh sanctions. This is known as hard power. Its lesser discussed sibling, soft power, shies away from coercion and threats. Instead, proponents of the softer approach choose the carrot over the stick; they prefer to shape…
Will Chinese Tariffs Be Sacrificed on the Altar of High Inflation?
June 23, 2022
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biden administrationBusiness & MarketsBusiness ColumnistsChinaOpiniontariffsThinking About ChinaUncategorized
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Commentary Reversing Trump-era tariffs on China appears to be inevitable. With year-on-year inflation at 8.6 percent, the Biden administration is trying to find solutions to the problem. An ongoing effort that has failed to dent the inflation numbers has been the tapping of the strategic petroleum reserve aimed at depressing the price of oil. The…
Global Influence Shifting From the UN to the World Economic Forum
June 23, 2022
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digital authoritarianismFourth Industrial RevolutionGreat ResetOpinionThinking About ChinaViewpointsWorld Economic Forum (WEF)
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Commentary Is the World Economic Forum replacing the United Nations as the world’s most influential institution? When you compare the two in terms of power, influence, and location, it sure looks that way. The Post-War Liberal Economic Order Recall that the United States led the U.N. foundation in 1945 after the Second World War. The…
Opinion: Top CCP Economist Calls on China to Seize Taiwan Chipmaker TSMC
June 23, 2022
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Business & MarketsBusiness ColumnistsChinaOpinionTaiwanTaiwan Strait CrisisThinking About ChinaThreat from Communist ChinaTSMCUS-China relations
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Commentary Earlier this month, Chen Wenling, the chief economist of China Center for International Economic Exchange, a state-run Chinese think tank, proposed that China “recover Taiwan” and seize Taiwan Semiconductor Manufacturing Co. (TSMC) if the United States and the West imposed sanctions on China akin to those that have been imposed on Russia. TSMC is…
Opinion: Ukraine President Takes a Tougher Stance on China
Commentary Ukraine President Volodymyr Zelenskyy recently called on the international community to support Taiwan and “resist China’s aggression.” Around the same time, the Chinese Communist Party’s global threat was highlighted at a U.S. rally commemorating the 33rd anniversary of the Tiananmen Square massacre. Zelenskyy spoke at the Shangri-La security forum on June 11, warning the…
What Do Watermelon Prices Have to Do With Putin’s War?
Commentary Food prices are sky high. On a recent trip to the supermarket in America, I spent $30 on a watermelon. It was a heavy 23-pound melon, but it lightened my wallet more than expected. Watermelon buyers better weigh first and do a little math before plopping them in the shopping cart. That shopping trip…
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