News Analysis China’s People’s Liberation Army (PLA) is undergoing a massive buildup in capabilities while the world is distracted. The PLA has embarked on a massive buildup in recent years that has been cleverly camouflaged by the pandemic, a Chinese Communist Party (CCP) charm offensive on the diplomatic front, and the supposed “benevolence” of the…
Chinese Military Improves Capabilities While America Sleeps
Beware of Wall Street Greed as China’s Wealth Overtakes America
Commentary A new McKinsey report finds that China’s wealth blew past that of America over the past 20 years. Wall Street is too busy lapping it up to care much for the resulting deterioration of our national security. China has overtaken the United States in net worth, according to a new study. The study, by…
US Military Personnel Better Trained Than Chinese Soldiers
News Analysis The Chinese regime’s military modernization has concentrated on employing new technology. But all wars eventually come down to soldiers fighting soldiers, and the U.S. troops are much better suited to combat than the Chinese. Beijing’s intentions are clear, according to a U.S. Department of Defense report on China’s military ambitions. The report states…
Beijing Responds to the Gravity of China’s Financial Risk
Commentary After dithering for months, Beijing has made its intentions explicit. It will execute a plan to deal with the Evergrande threat to China’s financial system and by extension to the global financial system. There was action a couple of weeks ago, hinted at Beijing’s hand, when a state-owned enterprise paid a handsome sum for…
China Telecom Pushes Back Against US Order to Shut Down
News Analysis China Telecom’s conflict with American regulators illustrates the need for tougher laws against companies linked to China’s military and intelligence industries. China Telecom argued in court on Nov. 15 against a U.S. government order to shut down its operations in the United States. The October order cited national security concerns, saying China Telecom…
The End of China’s High-Paced Growth
News Analysis China’s economic growth is flagging, owing to low consumer demand, diminished raw-material imports, decreased factory output, supply side issues, and high factory gate prices. Threatened by heavy debt and a real estate industry on the brink of crisis, China’s economic growth has dropped to levels not seen in decades. As with most countries,…
US Still Ahead of China in Military Firepower
News Analysis The Chinese regime is expanding its military capabilities at breakneck speed, but the United States is still ahead, in terms of total firepower. The vice chairman of the U.S. Joint Chiefs of Staff, Air Force Gen. John Earl Hyten, called China’s military buildup “stunning.” He cited China’s increasing military overtures toward Taiwan and recent…
Beijing Exploits UN System
News Analysis Beijing expertly leverages international organizations to maximize the regime’s growing influence, according to a new study. The regime’s financial contributions to these organizations are small, segregated, and targeted for maximum advantage. Yet the Beijing regime seeks to portray itself as a responsible member of the international community. Even as it commits multiple genocides,…
We Can Deter a Simultaneous Chinese-Russian Strike
Commentary In the first week of November, the United States was faced with a clear warning, the likes of which it hasn’t faced since the Cold War: the prospect of having to fight near simultaneous major wars in Europe and Asia. In March and April, Russia mobilized about 100,000 to 120,000 troops, plus supporting armor,…
A Surge in Stock Offerings
Commentary A couple of weeks ago, the buzz on Wall Street centered on a new stock offering. The heretofore private electric car startup, Rivian, listed its shares on the NASDAQ exchange. This initial public offering (IPO), as such things are called, was the biggest since Alibaba’s 2014 listing. Investors certainly have an appetite for electric…
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