China’s High-Speed Rail Diplomacy

Today, China dominates the railway market, particularly for high-speed rail systems, which the Chinese are busily exporting to East Asia, Europe, and even the United States. China began to invest heavily in high-speed rail in 2007, seeking to create jobs and to improve the mobility of people and goods in its rapidly growing economy. Read […]

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Expensive and Useless: America’s Botched Afghanistan Aid

The problem of absent quality control has plagued U.S. infrastructure projectsin Afghanistan from the start. The Kabul-to-Kandahar road, due to the multiplicity of subcontracting agencies with no one actually accountable, initially omitted the many bridges and overpasses along the way, which meant that cars and trucks had to veer off the paved road and chart […]

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How China Fell Off The Miracle Path

For years now, Donald J. Trump has been sounding the alarm on China, calling it an economic bully that has been “eating our lunch.” The crux of Mr. Trump’s attack is that Beijing manipulates its currency to keep it cheap and give Chinese exports an unfair advantage. But that narrative is so last decade. China […]

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China Is Spending Nearly $1 Trillion To Rebuild The Silk Road

The initiative is gigantic, with future investments of almost $1 trillion already announced. In comparison, America spent an inflation-adjusted $130 billion on the Marshall Plan following the World War II. China’s web of trade would span over 60 countries that are home to 4.4 billion people — more than half of the world’s population. Further, the initiative would […]

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