The Global Fiscal and Political “Cliffs” of 2013
The U.S. “fiscal cliff” is one of many fiscal and political precipices to be faced globally in the New Year. Here’s a snapshot of how far the world will have to climb in 2013. SYRIA To begin with the hottest…
Apple’s Big Manufacturing Boom to the US—200 Jobs
At the end of last week, CEO Timothy Cook announced that the company intends to invest $100 million next year to relaunch part of its manufacturing operations in the US. Apple and Foxconn, the contractor responsible for manufacturing iPhones, iPads…
Reform on the Back Burner with New Chinese Regime
China has just decided to hold onto an economic, political, and social model that has a proven record of producing high economic growth – a model that never fails to tip over. I have witnessed the collapse of this kind…
3 Foreign Hotspots that Will Test Obama’s Mettle
The “four more years” now stretching out in front of our forty-fourth president will be dense with challenges overseas, and meeting them will be essential if America is to regain a competitiveness already slipping. It would be hard to list…
As Asian Economies Grow, American Influence Shrinks
INCHEON, South Korea—Whoever wins the presidential election this week will have to acknowledge that the Asia we forgot about when we started our wars in Afghanistan and Iraq a decade ago is no longer there. The Asia we now purport…
How Long Will China’s Slowdown Hurt U.S. Markets?
China’s economy, after prolonged signs of weakness, now appears to be stabilizing. Good news? That is not clear, because it is stabilizing at a lower rate of growth. The great, big boom years—14.2 percent growth at their rosiest, in 2007—may…
Why China’s Telecoms Should be Kept Out of the U.S.
Last week’s report from the House Select Committee on Intelligence appears to be a good example of China bashing. After a yearlong investigation, lawmakers recommended that two Chinese telecom companies, Huawei Technologies and ZTE, be kept out of the U.S….
U.S. China Policy: Incoherent and Dangerous
The cement is hardly dry on America’s new policy to forge new Asia-Pacific alliances, and already the post–Iraq endeavor is coming across as a collection of incoherent contradictions. Consider: *We say we want to build closer ties with China, but…
China, Dying for Growth, Is Paying a High Price
You may have read about the bridge that collapsed in northern China this past weekend. It was all of nine months old. Four trucks went down with the 330-foot span that gave way: three deaths and five injuries. Poor design,…
Election 2012: Do Candidates Have a Foreign Policy?
This has to be the most inward-gazing presidential election in nearly half a century. True, voters are focused on domestic problems: the health care system, joblessness, the fiscal deficit, the state of the economy and what to do about it….
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