Commentary China continues to suffer economic setbacks. The latest came with news that housing sales in July plunged almost 30 percent from June. Optimists had taken heart when housing sales had picked up in May and June in response to eased COVID-19 lockdowns, but the most recent news has dashed hopes for an easy recovery….
Nancy Pelosi as Heroine? How Did That Happen?
Commentary General Secretary of the Chinese Communist Party (CCP) Xi Jinping’s internal civil war against his party rivals in the build-up to the 20th Party Congress—now likely to occur in November 2022—took on a new dimension with the visit to Taipei on Aug. 2–3, 2022, of U.S. House of Representatives Speaker Nancy Pelosi (D-Calif.). The strong…
Time to Call Communist China What It Has Always Been: A Rogue Nation
Commentary With their well-orchestrated intimidation of Taiwan in response to U.S. Speaker of the House Nancy Pelosi’s brief visit to Taipei on Aug. 2, the Chinese communists have once again removed their masks for all the world to see. Under the leadership of Xi Jinping, who regularly pontificates about China “leading the world” in this,…
World Economic Forum: More Social Engineering Than Economics
Commentary Endorsed by the Chinese Communist Party (CCP), the World Economic Forum (WEF) is advancing its globalist agenda, which is more social engineering than economics. “Globalization has slowed down recently, and a trend of anti-globalization has emerged … multinational companies need to transform and implement inclusive development strategies,” said Faisal Alibrahim, Saudi Arabian minister of…
Decoupling From China Accelerates
Commentary Decoupling from China has a history that extends back to the Cold War, but has renewed and is gathering speed. It most recently restarted in the U.S. technology sector, and is now moving to the world’s most important economies in Europe and Asia. The mainstream media is ablaze with what a year ago was…
What Will Replace TikTok?
Commentary 2021 was a good year for Bytedance, a problematic company with close ties to the Chinese Communist Party (CCP). TikTok, its main cash cow, was the most downloaded app of the year. Although—and this is a point of considerable importance—compared to 2020 figures, total downloads decreased by 194 million. TikTok is still popular, just not as popular…
CCP Partners With Bank for International Settlements to Displace the Dollar
Commentary “We will cultivate a trading center and pricing mechanism that puts China first (以我为主) and actively promote settlement in local currency.” excerpt from the Chinese Communist Party’s (CCP’s) 14th five-year plan for 2021–25. The CCP’s yuan liquidity pool with the Bank for International Settlement is not just a challenge to the dollar, it’s also one…
Is War by Proxy the US Policy Toward Russia and China?
Commentary What should one make of House of Representatives Speaker Nancy Pelosi’s journey to Taiwan? There are at least a couple of conclusions that one can derive from Pelosi’s semi-official state visit to the self-governed, anti-communist island nation. One is that there is, apparently, no limit to the delusions of those who fail to grasp…
China Continues Stealing US Tech
Commentary President Joe Biden seems unwilling to help American trade and investment interests, at least as far as China is concerned. U.S. Trade Representative (USTR) Catherine Tai has demanded that Beijing live up to the promises it made in the Phase 1 trade agreement with the Trump administration. But at the same time, she has…
The Good, the Bad, and the Ugly of Pelosi’s Trip
Commentary The first visit by a U.S. House speaker to Taiwan in 25 years is an important occasion and in its immediate aftermath, it is important to reflect on its significance. In sum, there is considerable good, bad, and ugly regarding the visit. It is useful to reflect on each. The Good There were six…
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