Category: Thinking About China

Fed Chair Offers Guidance

Commentary Federal Reserve (Fed) Chairman Jerome Powell spoke frankly on Nov. 30. His thoughtful and balanced talk made clear that the Fed sees the inflation fight as its priority. He explained the uncertain timing between Fed action and its impact on inflation but made clear that further interest rate increases are integral to the effort. Unlike…


Biden Admin and Fed Market Distortion

Commentary Federal Reserve control over interest rates, combined with government money creation, distorts markets, causing booms and busts, high household debt, government deficits, and high real estate and education prices. President Joe Biden’s student loan forgiveness program will increase educational costs while increasing government spending by as much as $1.6 trillion. The market for nearly…


Are China and Japan Destined for War?

Commentary As I write this, relations between China and Japan are at their lowest point in 50 years. Fumio Kishida, the prime minister of Japan, recently accused China of aggressively infringing on Japan’s sovereignty and escalating tensions in the region. Now, as the two neighbors vie for influence in East Asia and beyond, some commentators…


Chinese Protests and Communist Lies

Commentary There has been a crescendo of protests and riots in as many as 13 Chinese cities over the past two weeks. The White Paper protesters are tired of the arbitrary zero-COVID policy consisting of lockdowns, testing requirements, quarantines, and censorship. The signature policy of Chinese leader Xi Jinping has been carried out with much…


Protecting Taiwan Before Deterrence Fails

Commentary What is missing in preparing Taiwan and the United States to protect Taiwan against the Chinese Communist Party’s (CCP) military aggression? This article describes the basic process for the United States, the Republic of China (ROC, Taiwan’s official name), their militaries to work together, and the legislation required. Risk Analysis The National Institute of…


China’s Outflow Will Spread From Financial to Capital Overall

Commentary China’s stock market rebounded more than 10 percent from the bottom since end-October. Analysts made buy calls against the backdrop of relieving COVID-19 measures. While the market was up, some funds flow statistics are not showing a consistent net inflow in recent days. And the rebounds of other markets like U.S., UK, and Europe…


Jiang’s Rule by Corruption

Most Westerners know about Jiang Zemin through Robert Lawrence Kuhn’s biography “Man Who Changed China: The Life and Legacy of Jiang Zemin.” Now that Jiang is gone, it’s time to evaluate his legacy to see how he changed China. Jiang ruled China for 13 years from 1989 to 2002, including 11 years as the paramount…


Should International Corporations Split Up?

Commentary It’s probably a question that isn’t being asked enough: should multinational corporations divest themselves into smaller regionally or nationally aligned entities better suited to tackle local geopolitical and economic challenges? Global banking giant HSBC Holdings PLC is under pressure from its largest shareholder to do exactly that. Ping An, the Chinese insurer and HSBC’s…


Time to Rid the World of China’s Trojan Horse Communications Gear

Commentary The United States is once again aggressively banning Chinese-manufactured digital communications equipment. Let us all be thankful. On Dec. 2 the Federal Communications Commission expanded and toughened its ban on the “sale and import” of Chinese technology manufactured by firms the FCC determined present an “unacceptable risk” to U.S. national security. The firms include…


China Trade Restrictions Are Necessary for National Defense

Commentary Torpedoing China’s economy will cripple its military development, decreasing the threat to the United States and Taiwan. Gutting a country’s economy will hamper its ability to develop new technologies or purchase advanced weapons. This is why U.S. trade and investment restrictions on China are not just a matter of economics, but also one of…