No Ancient Wisdom for China

The much-vaunted China Model has morphed in the past decade to a one-of-a-kind system of authoritarian capitalism that is in danger of terminating itself – and taking the world down with it. It is also proving incompatible with global trade and business governance, and threatening multinationals that fear losing technology and business secrets to China’s mammoth state-owned enterprises (SOEs) they are forced to partner with.

Fu Manchu Returns

Fear of China is back. But it's a nebulous fear, and this creates both an opportunity and an obstacle for the male and female anti-heroes of Christopher Buckley's latest look at the surreal world of lobbyist, the uneven but occasionally hilarious "They Eat Puppies, Don't They?" Both characters are eager to whip up anxiety about the Chinese military threat in hopes that Congress will fund development of a costly new weapon. They quickly realize, though, that China is different from radical Islam when it comes to generating dread.

Ralls vs. CFIUS: What Are the Implications for Chinese Investment?

First, this was not a political move by the President to position himself as tough on China, as suggested by some. The timeline of the review through the Committee on Foreign Investment in the United States (CFIUS) and the Presidential decision is set by law and the fact that the President was forced to make a decision resulted from Ralls’ refusal to walk away from the investment after the negative CFIUS decision, as firms commonly would. Having made news, the deal could well enter the campaign now, given Ralls’ decision to try suing the President and CFIUS, but no one in Washington set out to make this a political game.