China Thinks It Can Defeat America in Battle

The National Interest -

The National Interest—David Axe Security, But Beijing doesn’t seem to take into account U.S. submarines. The bad news first. The People’s Republic of China now believes it can successfully prevent the United States from intervening in the event of a Chinese invasion of Taiwan or some other military assault by Beijing. Now the good news. China is wrong—and for one major reason. It apparently disregards the decisive power of America’s nuclear-powered submarines. Moreover, for economic and demographic reasons Beijing...

How America Can Win The Trade War With China. By former Fed governor Larry Lindsey. We have been of the view that America can “win” a trade war with China, in the sense that China will take more “casualties” than America. But that kind of war is the proverbial negative-sum game. Who wants to do something in which your side is still “losing” (taking casualties), even if you “win” the war? The purpose of a trade war is to establish a trade peace, in which your side reaps benefits that far exceed the costs of the war. Even though China is now...