This fine report falls victim to one of the most common problems of reports from DC think tanks. Let me start by saying, the recommendations are clear, reasonable, and understandable. Where it fails, like many similar reports, is its lack of realism 1/n cnas.org/publications/r…
Just to take one example from the report, point #2 says "Aim for Coordinated, if Not Common, Policies" with Europe with regards to China. This is a perfectly reasonable and valid position if we are not focused on the reality we must grapple with. So in a way 2/n
I am not critiquing the position at all on the other hand I am saying it is entirely unrealistic. It is only maybe since the beginning of 2020 that Europe has started to take China seriously despite Trump administration efforts across a range of policy domains. Additionally 3/n
For many reasons due exclusively to intra-EU and then intra-country specifics, many countries have very different interests in everything from challenging China to coordinating with the US. The reality is that this is something that needs to be worked out much more 4/n
Internally within Europe (at the regional and country level) for anything to happen. It is just willful blindness to think there has not been enormous work by the US to try and build these partnerships and even now European countries are a mish mash of interests with strange 5/n
Partners of countries cooperating. France wants to build a bigger military. Sweden is hawkish on China for their own reasons while Germany is dovish but maybe changing. This is effectively a Europe issue. They're the roadblock to working on joint responses to China not the US 6/n
These are solid recommendations. However, the primary obstacle is Europe not the US. Until they figure out what they want to do, the US should not wait and should not water down its approach. Once they take off the beret and stop smoking on the 3 month vacation, we can coordinate
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I had really not wanted to do this but roughly 2 months ago I was handed a report about Biden activities in China the press has simply refused to cover. I want to strongly emphasize I did not write the report but I know who did. Key points are this: baldingsworld.com/2020/10/22/rep…
Hunter Biden is partnered with the Chinese state. Entire investment partnership is Chinese state money from social security fund to China Development Bank. It is actually a subsidiary of the Bank of China. This is not remotely anything less than a Chinese state funded play 2/n
Though the entire size of the fund cannot be reconstructed, the Taiwanese cofounder who is now detained in China, reports it to be NOT $1-1.5 billion but $6.5 billion. This would make Hunters stake worth at a minimum at least $50 million if he was to sell it. 3/n
I had a non- American non Trump friend message me with this graphic a few days ago. They asked: why does everyone think this is a Biden landslide? Just on polling, this looks almost identical to 2016 leaving aside all those complications.
They are totally right. 1/n
It is easy to conceive of scenarios Biden and Trump both approach 400 EC votes and just as easy to see scenarios it comes down to one state like 2000. I think there are factors that are not being considered but for many reasons they all could mean something or nothing. 2/n
Add in the 2020 complications and real data outliers, advisable to significantly expand variance expectations. Think I'm wrong? Each party is behaving like I'm right. The Biden campaign doesn't enlist Obama, one of their two real campaign planks (other is he is not Trump) 3/n
China academic Twitter: I have some China data I would like to put in the right hands. If you are interested, reply under here with some interests or expertise in the replies
When you say it out loud, it sounds completely absurd. However, that is the goal and that is what is slowly happening. Proof is being provided the reality of what China is doing is being revealed. Whether it is universities accepting laundered corrupt proceed funds, 2/n
China monitoring foreigners by the million, or all kinds of other things people don't believe until you confront them with the evidence the tide is turning on China globally though we have a long way to go. Lots of great people from the halls of power are turning this into 3/n
One of the unique aspects of doing work on China is how ready everyone is to claim the "China exclusion". Let me give you two examples. People will argue it is nationalist, racist, and all kinds of other -isms to say Chinese companies should be blocked from listing in 1/n
In the United States. The plain fact of the matter is that Chinese companies with help from China are absolutely refusing to follow black letter law about securities offering requirements. People arguing that we should allow Chinese companies to list are literally arguing 2/n
We should ignore US securities law almost exclusively for Chinese companies. The "China exclusion". Let me give you another example. Universities and political science professors will talk at length about foreign interference and disinformation and rightfully so. 3/n
War and Peace is considered Tolstoy's master piece and by some the greatest novel of all time. It is truly a master piece. The philosophical point of the book is summed up in the second epilogue... not the first one. In it Tolstoy speaks to man's hubris as generals believe 1/n
They sit astride history moving the fortune of war with their decisions. Tolstoy argued in reality, history was much less predictable with events being decided by thousands of small decisions outside the control of rulers. It is easy to believe in our data driven age this 2/n
Changed despite lacking strong supporting evidence. The US economy largely preforms the same regardless of political party. ACA has not fundamentally changed American health outcomes. We can't explain why observable data like mobility is so tightly correlated but corona 3/n