Eric Rosengren on Rates, Warsh Hearing, Fed Outlook
Former Boston Fed President Eric Rosengren joins ‘Squawk on the Street’ to discuss Kevin Warsh’s confirmation hearing, interest rates, and more. As a 35-year veteran…
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To Beat China, America Needs To Learn Its Game
By Newt Gingrich (Original source News Week)
“China is inevitably seeking global dominance across multiple domains. This has become clear as China hosts more than 40 world leaders in Beijing this week for the second international forum on the Belt and Road Initiative (BRI)—with Vladimir Putin as the guest of honor. Axios’ Mike Allen wrote, “When you can get that many powerful people to come to you in Beijing, you’re starting to look a lot like a superpower.”
Dave Lawler with Axios also notes that the BRI infrastructure effort is only one part of “China’s plan to supplant the U.S. as the dominant global superpower within the next three decades.” In addition to the BRI, China’s aggressive tactics used in the race to 5G, the militarization of the South China Sea, the theft of intellectual property, and discriminatory business practices all work collectively to advance China’s economic, military, and political influence across the globe.
In my new book, Trump vs China: America’s Greatest Challenge, which will be released in October, I describe China’s challenge to the rules-based world order and how, as a result, American interests and security are being put at risk.”
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