U.S. firms chased shareholder value, boosting profits and elite innovation while shedding factories—leaving supply chains efficient, fragile, and hollowed out.
Across sharply different political systems and historical paths, Germany, Japan, and China share a foundational commitment the United States abandoned:manufacturing is a strategic national system that requires deliberate institutional support, not a residual sector left to market punishment. In each case, capital allocation, labor relations, education and training, and state policy are organized around sustaining … Read more
I. Zhang Weiying’s Worldview: Elegance, Coherence, and Its Narrow Frame Zhang Weiying’s critique of industrial policy is not a superficial stance but the product of a highly coherent intellectual synthesis. Drawing on Austrian economics, he emphasizes the radical uncertainty and dispersed knowledge that make centralized planning inherently flawed. Schumpeter’s notion of entrepreneurs as engines of … Read more
Why the West Cannot Decide What China Is The West’s long-standing effort to reshape China reflects a basic misreading of China’s developmental trajectory and reform logic. For decades, Western policymakers, academics, and elites have viewed China not as a civilizational peer pursuing its own path, but as an incomplete or delayed version of the West—one … Read more
Drawing on Yi Wen’s The Making of an Economic Superpower and Ha-Joon Chang’s Kicking Away the Ladder and Bad Samaritans, this essay argues that large-scale U.S. reshoring of low-end and much mid-end manufacturing is neither historically plausible nor structurally efficient. Both authors, through independent but convergent historical analyses, show that industrialization follows a largely one-way … Read more
The lack of a Marshall-style reconstruction program for China after World War II was neither accidental nor simply the result of Kuomintang (KMT) corruption or administrative failure. Rather, it reflected deliberate strategic choices shaped by U.S. priorities, racialized perceptions, fears of Chinese nationalism, and the short-term logic that guided early Cold War policymaking. From Washington’s … Read more
Rare earth elements are neither truly scarce in nature nor an inherent, singular point of existential weakness for the United States. Their strategic importance instead arises from their role as a high-leverage chokepoint within modern industrial supply chains. The most complex, capital-intensive, and environmentally demanding stages—midstream refining and downstream magnet production—are overwhelmingly concentrated in China. … Read more
The experience of discrimination against Chinese people abroad is a complex, multi-dimensional issue. It is shaped by historical migration trends, cultural norms, social perceptions, structural inequalities, and personal reactions. This analysis brings together viewpoints from Chinese individuals, outside observers, and researchers, drawing on lived experiences, social practices, and wider systemic influences. 1. Historical and Cultural … Read more
I. The Provocation: Generational Tensions in the Immigrant Experience The provocation at the heart of this generational conflict between first- and second-generation Chinese Americans is not a rejection of immigration itself, but a pointed critique of the assumptions that have underpinned the immigrant journey. Second-generation Chinese Americans, often referred to as ABCs (American-born Chinese), argue … Read more
The Cold War, lasting roughly from 1947 to 1991, shaped global geopolitics, economics, and technology. Its consequences were uneven: some nations were immediate short-term beneficiaries, while others gained in the long term. This analysis categorizes the effects on major countries and regions and explores China’s unique position. I. The United States: The Ultimate Winner? 1. … Read more
I. Gratitude or Reciprocity? Reframing the Meaning of China’s WTO Accession At the heart of debates over China’s rise lies a fundamental question: should China’s integration into the global economy be understood in terms of gratitude and patronage, or as the outcome of mutual interest among sovereign actors? The assertion that China “owes” its development … Read more