Before Covid-19, many articles assumed that the Chinese economy would soon surpass the American economy. Even before Covid-19, I never believed that. Nowadays, many articles assume that China may never become an economic Superpower. As long as the CCCP rules, that new belief is valid. Hence, my blog title: does a Superpower need pragmatism? In my view, ideology will...
INTRODUCTION LO: The FT opinion below is an interesting, valid analysis that is worth reading. Until 2020, I would - probably - have agreed with the conclusions below. In my 2019 update of the 7 Belief systems (eg, 2015 original), I had even removed Politics from its Power domain. The subsequent Chinese political crackdown on various business sectors made me...
Until late 1971, Taiwan represented entire China as a member state at the United Nations. On 25 October 1971, UN Resolution 2758 ended its membership, and allowed mainland China to represent the People's Republic of China (PRC). Today, Taiwan's informal status is stronger than ever (eg, Trouw). Hence, my question: should Taiwan be re-admitted to the UN? The simple...
Today, it's a year ago that Russia invaded Ukraine. It was supposed to be a (very) quick victory; in weeks rather than months. Russia even expected the Ukrainian population to welcome their soldiers. Today, about 97% of the Russian army is in Ukraine and is still struggling to advance (eg, BBC, WSJ). I'm not impartial. I don't even believe in neutrality in this...
GeoPolitical Futures: China and the Philippines By: George Friedman (eg, Wiki)Date: 10 January 2023 "Last week, Philippine President Ferdinand Marcos Jr. visited President Xi Jinping in China, where they agreed to cooperate in peace and security operations and in developing gas and oil deposits in the South China Sea. On the surface, this seems like a routine...
Early December 2022, Taiwan Semiconductor Manufacturing Co. or TSMC announced to increase its investment in an American Arizona plant from US$ 12 billion to US$ 40 billion (eg, Market Watch, Reuters, TSMC), "one of the largest foreign direct investments in the history of the United States." While this story is a success for American reshoring efforts, it will also...
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