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    China's Wanxiang Poised to Take 80% Stake in DOE Grant Recipient A123

    A123, the U.S. manufacturer of green-tech batteries that received millions in government aid, today announced a “memorandum of understanding” between it and Chinese auto giant Wanxiang. It totals up to $450 million in a bailout of debt purchasing and other cash infusions that would grant Wanxiang 80 percent controlling interest … More

    Does China or Japan Invest More in the U.S.?

    Japan is a bigger direct investor in the U.S. economy than China—by almost 100 times. In 2010, Japanese investment in the U.S. totaled $257.3 billion—second only to investment from the U.K.—while Chinese investments totaled $3.2 billion. Asia is home to more than half the world’s population. Freedom and tyranny live … More

    Idealistic Nuclear Reductions Detrimental to U.S. National Security

    The Global Zero Nuclear Policy Commission Report, endorsed by retired Marine Corps General James Cartwright, is calling for dramatic reductions in the number of U.S. nuclear weapons. Since its publication in May, it has stirred discussions about perceptions of today’s strategic environment and competing visions regarding U.S. strategic posture. Mark … More

    Administration Jeopardizes Export Control Reform Through Ill-Timed Waiver

    An ongoing sale of communications satellites to a Hong Kong–based company is attracting a great deal of attention at the moment. Space Systems/Loral, a major U.S. satellite manufacturer, contracted in 2011 to manufacture two communications satellites, AsiaSat-6 and AsiaSat-8, for Asia Satellite Telecommunications (AsiaSat). The contract was initialed soon after … More

    Abound Solar: Doomed to Fail Because of Election-Year Politics, Investor Says

    One of Abound Solar’s venture capital investors blamed election-year political games for the collapse of the Colorado-based thin film solar panel manufacturer, according to a new interview. John Hill, discussing the demise of a company and technology he invested in both financially and emotionally, acknowledged that the company’s troubles could … More

    Keeping an Eye on the Other Leadership Race—in China

    The impending convening of the 2012 Beidaihe conference in China is a meeting of global significance. China is now the world’s second-largest economy and has a military that has benefited from two decades of double-digit growth. The decisions made in Beidaihe will affect us for the next 10 years and … More

    Chinese Want U.S. to Stop Playing Defense While They Improve Their Offense

    Last week, Chinese General Zhu Chenghu stated that China “will have to modernize its nuclear arsenal” as U.S. missile defense “may reduce the credibility of [China’s] nuclear deterrence.” Even if the statements reflected reality, it should encourage the U.S. to strengthen its defenses. U.S. missile defenses are still woefully inadequate … More

    China Likes American Stuff, and That's Good

    China’s State Administration for Foreign Exchange is buying $1.5 billion worth of pension assets from General Motors. The assets are positions in funds held by the Carlyle Group, Blackstone, and CVC Capital. This is the latest in a surge of Chinese investment in the U.S., investment that benefits all the … More

    How the Party Says China's Economy Is Doing

    Those interested in whether China tells the truth about its economy should hold tightly to one fact: The State Statistical Bureau publishes what the Communist Party allows it to publish. That the entire government is a tool of the Party is the foundation of the People’s Republic of China’s (PRC) … More

    Deterring Economic Espionage

    The House is considering new legislation concerning economic espionage. While the private sector should play the key role in combating this, there is bipartisan support for policy measures—and with good reason. The U.S. relies on innovation. It has become more important in driving internal growth and, externally, America’s comparative advantage … More