Clyde Prestowitz

Leading author, analyst and commentator. I write about #foreignaffairs, #trade, #china, #economics and #globalization.

[Clyde Prestowitz @clydeprestowitz]

@niubi Right on Mr. Rudd. White thinks he is being realistic but in fact is being naive.

[Clyde Prestowitz @clydeprestowitz]

@niubi Bill Bishop has the right idea.

[Clyde Prestowitz @clydeprestowitz]

Talk about chutzpah. Not yet even an applicant for CPTPP membership, Beijing says it will reject Taiwan’s application.

[Clyde Prestowitz @clydeprestowitz]

A lot of talk recently about Europe “weaning itself off US defense.” Believe it when you start reading about a new EU defense budget.

[Clyde Prestowitz @clydeprestowitz]

The @FinancialTimes says Goldman’s steady advance in #China hits “snags.” How about reality. Hank Paulson and his heirs fooled themselves for a long and for them personally profitable time. Now it’s time to pay the Piper.

[Clyde Prestowitz @clydeprestowitz]

@brookingsinst leader/former #GoldmanSachs head John Thornton getting Kissinger treatment in #China. This means #Beijing sees him as a top agent in DC. @georgesoros has already slammed Black Rock's Larry Fink for being an unwitting CCP agent. Wonder what he thinks of Thorton?

[Clyde Prestowitz @clydeprestowitz]

One hears much about countries and corporations not wanting to be #forcedToChoose between #China and the #US. Former #HongKong leaders #DennisKwok and #JohnnyPaterson are so right to explain that “one can operate either within China’s orbit or outside it.” Straddling not possible

[Clyde Prestowitz @clydeprestowitz]

Many say #Beijing and #Washington must fight climate change together. #WillNotHappen. #US must do its utmost and hope #China does the same.

[Clyde Prestowitz @clydeprestowitz]

Beijing's #wolfWarriors are now reaping what they sowed in #Australia. By cutting their Aussie imports they they thought #Canberra would come to heel. Bad bet. Now Aussie #nuclearSubs will be patrolling the South China Sea.

[Clyde Prestowitz @clydeprestowitz]

The #USChinaBusinessCouncil should be compelled to register as a #foreign lobbyist. It has no influence in #Beijing and exists solely to lobby the U.S. government to make life easy for the #CCP.

[Clyde Prestowitz @clydeprestowitz]

The future of American power – Paul Kennedy on whether China’s rise means America’s fall https://t.co/3jUrjKultw
Kennedy fails to note that China's population will halve and age dramatically while America's will grow. China's water will run dry. Coastal cities under water.

[Clyde Prestowitz @clydeprestowitz]

Why does the #FinancialTimes, a champion of #freespeech, carry inserts of the #ChinaDaily, a champion of tyranny, folded into its pages? It never carried #Pravda or Hitler's #DerSturmer, why #ChineseCommunistParty propaganda?

[Clyde Prestowitz @clydeprestowitz]

Joe Sternberg has aptly coined a new phrase regarding #XiJinping. He wants #capital but not #capitalism says Joe. The big question is whether capitalists like #LarryFink want to keep donating the capital of their clients.

[Chad P. Bown @ChadBown]

American friends: please get vaccinated, and help others get vaccinated too.

[Clyde Prestowitz @clydeprestowitz]

In the 1930s, the #GermanEconomy outperformed most others. Would Jewish #LarryFink have invested in #Hitler's economy? Sure, #Jews were being robbed and killed as #Uyghurs in China are today, but hey, the returns were great. Too bad #Fink isn't a #Uyghur.

[Clyde Prestowitz @clydeprestowitz]

You have to love #GeorgeSoros calling out #LarryFink and the whole #WallStreetGang on getting #China wrong. Investing in China now is not only going to lose the money of Fink's clients, but it undermines #US national interests. So there is at least one #honest guy on Wall Street.

[Clyde Prestowitz @clydeprestowitz]

@tim_cook This is kind of empty #Tim. You shipped all your real labor to China years ago. It has no labor unions, no labor day, and few if any protections for #labor. Isn't that why you like it so much?

[Clyde Prestowitz @clydeprestowitz]

@Benioff It does. I just visited Maui. Had to prove I had been vaccinated. Everyone going to Hawaii has to. Clyde

[Clyde Prestowitz @clydeprestowitz]

#USChinaBusinessCounci, #BusinessRoundtable, #USChamberOfCommerce are asking Biden to remove tariffs on imports from #China claiming tariffs make imports too expensive. #SoDishonest. #China devalued its #RMB after the tariffs were imposed. #RealCost of imports is #not high.

[Michael Stumo @michael_stumo]

Disgusting. US Chamber and U.S.-China Business Council are immoral and oblivious to national security. https://t.co/KHAJNsg4C6