Business of business is business
When does a company sell its product at a deliberately low price? The honest list is short. First, when the product is inferior, the low price serves as an apology...
Asia
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The myth of Chinese tolls in the western Pacific
The 2025 US National Security Strategy (NSS) asserts that America must prevent China from establishing “tolls” in the South China Sea to preserve the freedom of navigation. Half a year...
Cheap Chinese AI tokens collide with deepening Sino-US bloc split
Chinese artificial intelligence (AI) developers are undercutting American rivals on token prices, but according to recent analyst reports, many enterprises end up paying more once the tokens needed to finish...
US hypersonic missile drive blurs the nuclear threshold
The US is betting that a new generation of hypersonic cruise missiles can restore a decisive edge in long-range strike, but turning that ambition into a practical wartime capability will...
China’s shaping the future of open‑source technology including AI
As you read this article on your computer or smartphone, you are almost certainly using open-source technology in some way. It forms the foundation of the global digital economy, from...
China’s qualms with long Trumpism
Beijing may believe that Donald Trump’s 2016 election and his return to office eight years later are not accidents but part of a deeper American current. Beyond Trump himself, the...
Vietnam and Australia: steady delivery, familiar limits
To Lam’s visit to Canberra on August 11 was the first state visit to Australia by a Vietnamese head of state since the 1975 reunification and the first meeting between...
China, Indonesia, Taiwan: the naval question Jakarta has to answer
This week brought two Indonesia stories that sat side by side but pointed in different directions. In Jakarta, US Under Secretary of War for Policy Elbridge Colby met Indonesia’s defense...
US House speaker gave Netanyahu an ‘Israel killed Jesus’ pamphlet
This article was originally published on Jonathan Larsen’s Substack. It is republished with permission. Less than a month after the June 2025 strikes on Iran’s nuclear facilities, Israeli Prime Minister...
Rising US Treasury yields put Asia back on edge
NEW YORK – US Treasury yields are pressing against their highest levels since 2007, and Asia’s policymakers know what that usually means: turbulence ahead. This week’s $42 billion auction of...
