News & Insights
Don’t Call it a Gray Zone: China’s Use-of-Force Spectrum
On Oct. 30, 2020, Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, placed a phone call to assure his Chinese counterpart that the United States did not…
Forget Gas Prices. The Billionaire Club’s Run on Cobalt Says Everything About Our Battery-Powered Future
As the bankers from J.P. Morgan’s London offices stepped off the two-hour private flight from Johannesburg onto the hot runway, soldiers sporting sunglasses and semiautomatics watched them closely. The Democratic…
The New Nuclear Age
In late June 2021, satellite images revealed that China was building 120 intercontinental ballistic missile (ICBM) silos on the edge of the Gobi Desert. This was followed by the revelation…
Economic Weight is Power. China is Gaining Fast
Who is the manufacturing workshop of the world? Who is the major trading partner of most nations? Who is the exporter of the most essential links in the global supply…
The Dangers of China’s Decline
Decline is a tricky concept. The term makes us think of a country that is falling like a rock—one whose power and capabilities are dropping across the board. But a…
Budget Reform Can’t Succeed Without Congress
The Department of Defense’s Planning, Programming, Budgeting and Execution program has been variously called “a relic of the past,” a “root cause of … bloat” and “the primary factor behind the decline in…
The Battery Metal Really Worrying China is Lithium, Not Nickel
Nickel has captured much of the limelight among battery metals in recent weeks, and understandably so. Wild price swings, including an unprecedented 250% advance over two trading sessions amid a short…
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