Last month, the Trump administration and Nvidia worked out what some have called an unusual and surprising deal for the latter to export its defeatured AI chips. That is, President Trump reversed a ...

Instead, the meeting confirmed the curious direction of U.S. China policy in Trump’s second term. The president has not only broken with the policy of the Biden administration but also seems to have ...

A generation ago conventional wisdom held that as China liberalized, its economy would come to resemble America’s. Instead, capitalism in America is starting to look like China. Recent examples ...

OK—who’s the dangerous radical pushing the state to take over private enterprise here? Who’s aping the Chinese Communist policy of having the government own or control major business entities? Zohran ...

In the nine months since President Donald Trump began his second term, the state has taken unprecedented action in the U.S. private sector. The departments of Commerce, Defense, and Energy have ...

Nixon’s was the first of three big bets the US made on China in the modern era; all had unintended consequences. In seeking a ...

President Donald Trump’s increasing control over businesses and the economy is being described by some commentators as “state capitalism”—a mix between socialism and capitalism. But the term “state ...

After the relative success of China’s first five-year plan (1953-1957), which increased industrialisation through Soviet-style investment in state-owned factories producing goods such as tractors, ...