China’s actions toward Ukraine, Russia could shape geopolitics

Days before the first anniversary of the Russian invasion of Ukraine on February 24, 2023, US officials claimed that China was considering providing Russia with lethal weaponry to support its military campaign. China denied the accusations, and on the anniversary of the invasion instead put forth a 12-point peace plan to end the conflict. These events followed tensions between Beijing and […]Continue Reading

In praise of supply-side economics

 On both sides of the Pacific, in China and the US, the destructive combination of recession and inflation is evolving in a classic way, to include bank failures and the popping sound of property, asset and financial instrument bubbles as they disappear in a foam of bankruptcy, negative equity and failure. If there is a […]Continue Reading

China’s Middle East reset will ultimately depend on Israel

Following political developments in the past fortnight, two state-level policy changes in the Middle East are likely to combine to have a substantial impact on regional stability. On March 10, in a deal brokered by China and signed in Beijing, Saudi Arabia and Iran agreed to reestablish diplomatic relations and reopen embassies after a seven-year […]Continue Reading