I won’t belabor issues with American public works or manufacturing. I’ll suggest only that the US ought to be acting with greater curiosity on how to do better. It doesn’t have to become China; but it should better study China’s successes. There is a 21st century playbook for becoming an industrial power and China has written it. This playbook... See more

Beijing has been working relentlessly to build up its resilience. While the US talks itself out of Sputnik Moments, Beijing has dedicated immense resources to patching up its own deficiencies. It’s not a theoretical fear that Chinese companies might lose access to American technologies. So the state is pouring more money than ever before into... See more

Beijing has been preparing for Cold War without eagerness for waging it, while the US wants to wage a Cold War without preparing for it.