The economic challenges facing China have possible implications for U.S. policy. Rather than worrying so much about what Beijing is up to, Washington might be better off focusing on the home front and enhancing American advantages over China, by, for instance, strengthening the education system and investing in research and development.
I started the day reading Peter Oborne’s piece on whether China will replace Islam as the West’s new enemy — and then got sucked into the rabbit-hole of whether we are sliding into a new Cold War, with China playing the role that the Soviet Union played in the old days. This is all about geopolitics, of course, about which I know little. But if you write about digital technology, as I do, this emerging Cold War is a perennial puzzle that pops up everywhere.