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Excerpt:The Wall Street Journal: Harvard Has Trained So Many Chinese Communist Officials, They Call It Their ‘Party School’
For decades, the [Chinese Communist] party has sent thousands of mid-career and senior bureaucrats to pursue executive training and postgraduate studies on U.S. campuses, with Harvard University a coveted destination described by some in China as the top “party school” outside the country.
Alumni of such programs include a former vice president and Chinese leader Xi Jinping’s top negotiator in trade talks with the first Trump administration.
Americans spend gargantuan amounts of money on education. Just K-12 costs $17,277 per student each year. For state and local governments, 8.5% of their entire budget is allocated to higher education, i.e., colleges and universities — more than what’s spent on highways, roads, police, courts, jails, and housing.
These colleges and universities also stuff their pockets with federal grants. In 2023, Americans spent nearly $60 billion on research and development grants alone.
Southeast Asia Watch
Jamie Dimon warned Trump would push allies to China. Greenland is reaching out now – The Independent
JPMorgan Chase CEO Jamie Dimon warned Trump foreign policy would push allies to China. Greenland is reaching out now – Independent UK
Excerpt:
Foreign governments, including Greenland, are currently considering investment alternatives to the U.S., such as China. This comes as JPMorgan Chase CEO Jamie Dimon warned that President Donald Trump’s foreign policy could isolate the U.S. under what he characterized as an “America alone” doctrine.
Dimon has stressed the need to keep in place strong economic and military ties, indicating that the CEO is frustrated with U.S. diplomacy as Trump’s foreign policy has prompted concerns at home and abroad.
Renaming the Gulf of Mexico to the Gulf of America and making threats of annexing Canada and Greenland are just some of the issues that have created consternation. The tariffs put in place by the Trump administration on allies and foes alike
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Excerpt:
In the 1950s and 1960s, professor Paul Samuelson was arguably America’s preeminent economist. His textbook for introductory economics was used at colleges and universities across the United States. He was a close adviser to President John F. Kennedy.
In 1961, Samuelson predicted that the then Soviet Union would overtake the United States in economic size somewhere between 1984 and 1997. By 1980, he continued to suggest that the Soviet Union would become the world’s largest economy within a few decades.
Obviously, Samuelson was wrong. He did not understand that extreme authoritarianism and the rejection of free market capitalism would consign the Soviet Union to the dustbin of history.
Today, however, other respected academics are making Samuelson’s mistake in their assessments of Communist China. They opine that in the current century, China will become the dominant global economic power. One researcher from Princeton University wrote recently in the New York Times that the battle for global economic superiority is being “decisively” won by China and that the U.S. is becoming economically irrelevant.
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Excerpt:
China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world.
Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors.
The official crackdown is part of China’s retaliation for President Trump’s sharp increase in tariffs that started on April 2.
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China’s global Belt and Road Initiative is under intense scrutiny here after just one structure in the Thai capital collapsed in last week’s earthquake: a 30-floor building under construction by China.
US blatantly interferes in Xizang affairs, seriously violating intl law: Chinese FM on Rubio’s statement – Global Times
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China already ahead of U.S. in humanoid robot race, analysts say– www.cnbc.com
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Excerpt:
American tech companies are racing to usher in the development of humanoid robots, stressing their importance to the future economy. But analysts warn they are already at risk of losing out to competitors in China.
So-called humanoid robots — artificial intelligence-powered machines designed to resemble humans in appearance and movement — are expected to provide a range of use cases, such as filling industrial and service sector jobs.
Investor excitement surrounding the robots has been mounting amid increased mentions from tech leaders like Nvidia’s Jensen Huang, who ushered in “the age of generalist robotics” earlier this month as he announced a new portfolio of technologies for humanoid robot development.
In the manufacturing of the robots themselves, Tesla‘s humanoid robot project, Optimus, appears to be leading in the U.S., with CEO Elon Musk announcing plans to produce about 5,000 units this year.
South Korea, China, Japan agree to promote regional trade as Trump tariffs loom – Reuters.com
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Car trouble: is a drop in China-Russia auto shipments a bad omen for trade? – South China Morning Post
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Is China’s top-down science strategy driving innovation or killing it? – South China Morning Post
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US robotics companies push for national strategy, including a central office, to compete with China – Tulsa World
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Secret Pentagon memo allegedly focuses on ‘deterring China’; document faces policy inconsistency in implementation: expert – Global Times
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American policies have unintentionally fueled China’s rise – Stagecraft and Statecraft
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A Peter Thiel Protégé Is Leading Trump’s AI Strategy Against China – MSN
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