Commentary The United States and China are engaged in a technological arms race. The country with the best artificial intelligence, quantum computing technologies, and cyber weapons will be best positioned to win the wars of tomorrow. Which begs the question: Who looks likely to win these tech-infused wars? According to Richard Silberglitt, a senior physical…
Foreign Investors Dumping the Yuan and Fleeing China
June 9, 2022
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Commentary China’s COVID-19 lockdowns and rate cuts are driving down the yuan and exacerbating foreign capital outflow. “Uncertainty is really the keyword, because there’s no view, no outlook about how long this could last, and what will be next after Shanghai,” Massimo Bagnasco, vice president of the European Union Chamber of Commerce in China, told…
Fearing China, Southeast Asia Beefs Up Its Militaries
Commentary The Chinese regime’s increasingly aggressive and militarily-backed behavior has, unsurprisingly, sparked a backlash of counter-arming on the part of much of Southeast Asia. China has increasingly used its growing military power to dominate the environs around the South China Sea. It has, for example, built up its naval forces on Hainan Island, deploying nuclear…
China Launches Its Third Aircraft Carrier
Commentary Later this month, the People’s Liberation Army Navy is expected to launch its third aircraft carrier, its first “flattop” capable of conventional takeoff or landing operations. With this new carrier, and the many to follow, the Chinese Communist Party (CCP) will begin using combined aircraft carrier battle groups and amphibious warfare battle groups to…
Can India Overtake China and Become Asia’s Economic Engine?
Commentary U.S. President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) on May 23. The pact, we’re told, “seeks to strengthen economic partnership amongst participating countries with the objective of enhancing resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness in the Indo-Pacific region.” Participating countries include South Korea, Australia, Brunei, Indonesia, Japan, Malaysia,…
An Inside Look at the ‘Zero-COVID’ Lockdowns in China
Commentary State-run Chinese media have been trumpeting the supposedly glorious efforts of Chinese public health officials—with their local security enforcers in the background—in containing the spread of COVID-19 in Chinese cities under the umbrella of the Xi Jinping’s grand “Zero-COVID” policy. The continuous agitprop on this subject serves several purposes for the Chinese Communist Party…
US and Taiwan: Strategic Ambiguity, Increased Trade, and Weapons Sales
News Analysis Despite several public slip-ups by the president, the U.S. policy of strategic ambiguity remains in place while the United States increases economic ties and weapons sales to Taiwan. On May 23, President Joe Biden stated publicly that the United States would fight for Taiwan, the third such comment in recent months. In all…
Is the West Slipping Away From China?
Commentary As the old saying has it, “nothing lasts forever.” This truth is beginning to dawn in China. Rising costs, abusive policies, and, more recently, COVID-19 and war sanctions have prompted Japan and the West to rethink China’s exposure. Money is flowing elsewhere. Beijing would have to change much to bring back the former flood…
A New Era of Appeasement Toward the CCP
Commentary The Biden administration’s highly accommodative approach will likely usher in another era of appeasement toward the Chinese Communist Party (CCP) and put the free world in harm’s way. U.S. Secretary of State Antony Blinken delivered a lackluster China policy speech on May 26 in which he reiterated President Joe Biden’s oft-quoted policy of not seeking…
The Sussmann Trial Never Should Have Happened
Commentary Many people following the Durham investigation and the Sussmann trial closely wondered whether justice would finally prevail this time. Although it should have resulted in a slam-dunk conviction, alas, that was not the outcome because the trial was rigged: The trial was held in Washington, which is filled with Democrats (95 percent of District…
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