Commentary How will China’s economy perform in 2022? Under the current economic outlook, that question weighs heavily on the minds of China’s leadership. One short answer is, “It depends on who you ask.” But a much more honest one would be, “Much less than Beijing needs.” Beijing Managing Expectations Of course, if you ask the…
Taxes and Innovation in America
Commentary An old rule of thumb among policymakers and economists holds that the more the government taxes something, the less of it the economy gets. Recent research from Harvard University, the Harvard Business School, and the University of Chicago not only verifies this old saw, but it also puts some precise figures on it. The…
China Punishes US Airlines
January 14, 2022
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News Analysis The United States, Europe, Japan, and other powerful economies should align more closely to protect democracy against China’s unscrupulous trade policies. But as illustrated by the airline industry, Beijing skillfully uses its gatekeeper status to the massive China market to play the democracies against each other. Since at least 2019, for example, Beijing…
Apple App Store Analysis: AT&T’s HBO Max Passes Netflix, Disney+
AT&T Inc.’s HBO Max trails Netflix Inc. and Walt Disney Co.’s Disney+ in the streaming wars, but the HBO Max app is signaling that AT&T may be gaining some ground. At the very least, HBO Max has pulled ahead in the Apple Inc. app store battle. HBO Max was ranked as low as 27th in…
North Korea May Now Have China’s Anti-Ship Ballistic Missile
Commentary North Korea has just tested a radar-guided maneuvering warhead that may also be an anti-ship ballistic missile (ASBM) warhead, which could have been made possible through indirect transfer or assistance from China. American ships and forces in Japan and South Korea now face a much greater threat due to the failure of three U.S….
How Good Is China’s J-20 Fighter Jet?
News Analysis How good is China’s most advanced fighter jet, the J-20? The J-20 is a “fifth-generation” combat aircraft, which ostensibly puts it in the same league as the U.S. F-22 and F-35. Fifth-generation fighters have certain common characteristics: very low visibility (stealth), the ability to fly at supersonic speeds without using an afterburner (called…
China Shipyards Rank First in Global Orders, Yet Profits Fell by 20 Percent
January 13, 2022
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News Analysis China surpassed South Korea in receiving shipbuilding orders in 2021, ranking it first in the world. However, because most orders are for cheap container ships, coupled with soaring steel prices, profits in its shipbuilding industry dropped by at least 20 percent, industry insiders said. According to data by Clarkson Research Services, a British…
Analysis: Has Disney Lost Faith in Pixar?
On Jan. 7, Walt Disney Co. announced it wasn’t putting its Pixar Animation Studios feature “Turning Red” into theatrical release, but instead was slating it for a March 11 premiere on the Disney+ streaming service. “Turning Red” is the third consecutive Pixar feature kept out of theaters in favor of a streaming debut, following “Soul” and “Luca.” No Pixar…
China’s Interests in Kazakhstan
News Analysis As Kazakhstan was rocked by violent protests, China is worried about its investments in the country and the United States is concerned about Chinese nuclear assets. Kazakhstan President Kassym-Jomart Tokayev ordered the military and police to “fire without warning” to quell anti-government protests, which began on Jan. 2 as a result of the…
The Wuhan Lab Leak and the Cover-Up of the Century: Interview With an Expert
January 12, 2022
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Commentary Was the Sars-CoV-2 virus created in a Chinese lab? To some prominent authors, the answer is undoubtedly yes. To other authors, like George Calhoun, a professor of business at Stevens Institute of Technology, the answer appears to be yes. In a number of excellent pieces for Forbes, Dr. Calhoun has outlined the many ways…
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