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Markets

Why construction projects are over budget and late—and how to fix them

By Todd R. Zabelle
April 2, 2024

The construction industry is deeply broken. To address the problem, we need to prioritize operations management and focus on production instead of administration.

2024-04-02T22:07:53-04:00#Book excerpt #construction industry #domestic production |
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Cooperate or Compete? The Zero-Sum Game of AI Engagement with China

By Emily de La Bruyere and Nathan Picarsic
March 26, 2024

The United States and China have reportedly reached an agreement to extend the decades-long cooperative framework of the US-China Science and Technology Agreement. That recent move follows Biden [...]

2024-03-25T21:57:39-04:00#AI #international cooperation #US-China |
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COMAC Comes to Europe: strategic implications of the commercial aerospace battleground

By Emily de La Bruyere and Nate Picarsic
January 11, 2024

China co-opted and conquered foreign solar energy and high-speed rail players. Will incumbent aerospace giants fall for the same playbook and spell their own disruption? The question is an existential one, and Western incumbents' survival hinges on weaning off the Chinese market and ceasing cooperation with Chinese players.

2024-01-11T20:14:40-05:00#aerospace #C919 #China #COMAC |
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  • Starlink

The US national innovation base has critical weaknesses. Just look at Starlink.

By Emily de La Bruyere and Nathan Picarsic
September 1, 2023

To compete with China, the US needs a robust industrial and innovation base, able to withstand attacks on the battlefield and the factory floor. Real American dynamism – and real competitive advantage – stem from credible and sustainable power. Starlink's, and more broadly Elon Musk's, dependence on China underscore the vulnerabilities in current US national defense strategy.

2024-08-08T11:20:39-04:00#American dynamism #industrial strategy #Starlink |
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  • indium phosphide semiconductors

Indium phosphide could be critical to China’s semiconductor ambitions

By Mary Hui
July 26, 2023

Gallium and germanium have stolen the headlines. But indium phosphide warrants attention, too. China is eyeing the compound semiconductor material as an opportunity to shake off dependence on foreign semiconductor technology, and in turn a point of leverage over global semiconductor supply chains.

2023-07-26T20:06:54-04:00#critical minerals #indium phospide #semiconductors |
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  • Take Back Manufacturing book cover, front
  • Take Back Manufacturing book cover, front Take Back Manufacturing book cover, front

How Canada Can Take Back Manufacturing

By Nigel Southway
July 11, 2023

Canada's manufacturing trade deficit has ballooned in the past four decades. It has an ailing resource sector and a hollowed-out manufacturing base. This essay, adapted from Nigel Southway's new book, "Take Back Manufacturing," proposes a road map for rebuilding Canada's manufacturing sector.

2023-07-11T13:53:22-04:00#Canada #manufacturing #Reshoring |
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  • reshoring manufacturing jobs
  • reshoring initiative reshoring initiative

Reshoring Rides the EV Battery Wave, Taking Aim for Another All-Time High

By Reshoring Initiative
May 24, 2023

The latest report from the Reshoring Initiative shows reshoring and FDI manufacturing job announcements continuing to outpace recent records, adding 101,500 jobs in Q1 2023, driven in large part by geopolitical tension and efforts to shore up dependence on an unreliable China.

2023-05-24T12:19:34-04:00#automotive #China #Reshoring |
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  • China C919 COMAC
  • China C919 COMAC China C919 COMAC

How America’s Aerospace Industry Built China’s and a Market-Based Solution

By Force Distance Times
April 18, 2023

China is positioning to squeeze international incumbents out of their markets – by leveraging their technology. Corporate leadership should be held accountable for a business model of self-destruction; footprints in and partnerships with China in strategic sectors should be treated as a liability.

2023-04-19T17:12:00-04:00#aerospace #C919 #China #Tesla |
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  • single champions
  • little giants little giants

This Is the Blueprint for China’s Industrial Strategy

By Mary Hui
March 17, 2023

China's "single champions" and "little giants" programs fuel an industrial ambition that entails not merely acquiring dominant industrial capacity, but also establishing positions of leverage in key global supply chains.

2023-03-16T04:55:22-04:00#China #industrial policy #little giants #report #single champions |
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  • Michelle Burris
  • Historically Black Colleges and Universities Historically Black Colleges and Universities

Toward Racial Equity in Industry: How the CHIPS and Science Act Can Fuel Inclusive Investment

By Jeannine A. Cook
March 13, 2023

In the first Modern Manufacturer column, the Urban Manufacturing Alliance talked with Michelle Burris, Fellow at The Century Foundation about portions of the CHIPS and Science Act designed to provide support to Historically Black Colleges and Universities.

2023-03-13T10:50:49-04:00#racial equity #semiconductors #The Modern Manufacturer |
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  • Ford CATL
  • youngkin china youngkin china

All Hat No CATL: Are State Leaders Wising up to China’s Industrial Threat?

By Emily de La Bruyere and Nathan Picarsic
March 2, 2023

Ford has announced that it will collaborate with a Chinese State-backed supplier in establishing a battery plant for electric vehicles in Michigan. This despite the fact that an EV battery plant dependent on Chinese technology runs contrary to ambitions to shore up dependence on Chinese players and increase sustainable American industrial capacity.

2023-03-04T16:10:26-05:00#China #EVs #US manufacturing |
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  • re-industrialization
  • re-industrialization re-industrialization

A Four-Step Plan for Re-Industrialization

By Harry Moser
January 11, 2023

The US needs to create the conditions in which companies see the advantage of investing in the United States. This piece outlines four steps to do so; a four-step, feasible, and immediate path toward American re-industrialization.

2023-01-16T10:51:48-05:00#industrial policy #manufacturing #re-industrialization |
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  • European fiscal policy
  • gustavo piga gustavo piga

The European Commission’s Fiscal Policy Proposal Risks European Crisis

By Dr. Gustavo Piga
December 9, 2022

Now on the European political table is the European Commission's proposal on the rules to govern fiscal policy of member states. Dr. Gustavo Piga argues that this proposal is even worse than its predecessors. It threatens to make an already fragile continent weaker. Italy should issue a resounding veto.

2022-12-08T18:12:26-05:00#economic policy #EU #Italy |
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  • Benedict Rogers
  • The China Nexus The China Nexus

The China Nexus: Thirty Years in and around the Chinese Communist Party’s Tyranny

By Benedict Rogers
November 17, 2022

The challenges facing US industrial dynamism extend are in part a product of the Chinese Communist Party’s market distortions: Rebuilding domestic industry will demand equal protection as well as promotion. This excerpt from Benedict Rogers’s The China Nexus details a new US resolve to protect.

2022-11-17T09:42:04-05:00#Book excerpt #human rights #US-China competition |
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  • global gateways initiative

Global Gateway Can Succeed – If It Focuses on Trusted Production

By Reinhard Bütikofer
November 15, 2022

The best prospect for getting Global Gateway going strong would be to understand that it must be turned into a tool that finances the external dimension of a European industrial policy cognizant of the need to diversify, to cut dependencies vis-à-vis authoritarian countries, and to find new ways of partnering with the Global South towards sustainable development.

2022-11-15T15:31:27-05:00#China #connectivity #EU #Global Gateway |
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  • US reshoring
  • US reshoring US reshoring

A US Policy Roadmap for a Reshored Reality

By Harry Moser
November 9, 2022

Reshoring, especially from China, is essential to American resilience. Here, Harry Moser proposes a framework and set of policy measures to level the industrial playing field. These could bring the total reshored US jobs to 5 million, a 40 percent increase in manufacturing, and full American resilience.

2022-11-09T10:53:55-05:00#Reshoring #US manufacturing #US-China competition |
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  • fix inflation
  • supply crisis supply crisis

Want to Fix Inflation? Fix Supply

By Force Distance Times
October 20, 2022

An effective response to inflation – and to the more systemic supply demand mismatch that threatens the US economy – requires investment in supply. This is a project for the private sector. But the private sector needs a push from Washington.

2022-11-14T13:08:43-05:00#Fed #inflation #Supply |
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  • US China trade
  • free trade with China free trade with China

Free Exchange with China Is Not Free Trade

By Force Distance Times
October 12, 2022

China is not a free market. Free exchange with China is not free trade. This is a straightforward reality. It is also one that goes under-stated in American discourse – and that demands spelling out: The short-sighted insistence that free exchange with China is free trade threatens the basic assumptions, and architecture, of international free trade itself. 

2022-10-12T18:31:52-04:00#China #free markets |
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  • US tech sector
  • China threat China threat

Hard Problems: The US Tech Sector Is Ignoring the China Threat

By Emily de La Bruyere and Nate Picarsic
September 16, 2022

It is time for the US tech sector to recognize the near and present national security threat China poses; to get on the right side of history. For the US to prevail against a centralized, Communist system, its tech sector will have to lead, proactively. Markets will reward this. The country needs it.

2022-09-16T09:51:24-04:00#China #US tech sector #US-China competition |
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  • Pelosi's Taiwan visit
  • CATL pausing US production CATL pausing US production

The Lesson of Pelosi’s Taiwan Visit: Win The Production Battle, Win the War

By Emily de La Bruyere and Nate Picarsic
August 23, 2022

Positioning for the industrial competition at hand will require the US national security community to recognize that today's geopolitical contest may not be fought with missiles. Except, that is, as it applies to where those missiles are made. This is a war to be won on the factory floor. And it started long before Pelosi’s Taiwan visit.

2022-08-25T14:34:25-04:00#CATL #economic coercion #Pelosi #Taiwan |
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  • Italian economic policy

An Economic Policy to Save Italy, and Europe

By Dr. Gustavo Piga
August 18, 2022

How to craft an economic policy capable of saving Italy, and with it Europe? We have a few alternatives, summarized by the so-called "austerity trilemma" that affects the euro-area: You cannot have austerity (the loss of the possibility of using fiscal policy with increased public demand to counter adverse shocks and help the weakest), democracy, and a common euro currency simultaneously. We have to choose two of the three.

2022-08-19T18:59:36-04:00#austerity #economic policy #EU #Italy |
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  • Global Energy Crisis
  • Global Energy Crisis Global Energy Crisis

Security-Centric and Climate-Inclusive: Energy Policy for an Era of Great Power Politics

By David Gattie and Rear Admiral (Ret.) Michael Hewitt
August 7, 2022

The world is witnessing the first great power military challenge to the US-led liberal international order—an order that Russia and China have long sought to discredit and dismantle. This moment be seized upon to reorient Western thinking from its climate-centric mindset to one that’s security-centric and climate-inclusive

2022-08-25T14:08:36-04:00#Energy #environment #great power competition |
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  • Industrial Exposure to China
  • US industry US industry

The True Cost of China Exposure and What To Do About It

By Emily de La Bruyere and Nate Picarsic
August 6, 2022

US industry is seeing the accumulated debts of decades of offshoring – and decades of offshoring to geopolitical adversaries – reach maturity. It’s time to adopt a new model. Instead of optimizing for the lowest costs, the US needs to start optimizing for resilience

2023-01-05T16:45:43-05:00#China #effectiveness #globalization #industrial resilience |
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With the Supply Crisis Accelerating, Industry Needs to Step Up Not Hunker Down

By Staff
July 20, 2022

For decades, bad habits have become entrenched. The country has allowed itself to auction off long-term economic prosperity in exchange for short-term profits. Now, the US must break its habits, not take false shelter in them.

2022-08-02T14:20:13-04:00#inflation #Peloton #Supply |
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  • Richard d'Aveni Strategic Capitalism
  • Richard d'Aveni Strategic Capitalism Richard d'Aveni Strategic Capitalism

Strategic Capitalism: The New Economic Strategy for Winning the Capitalist Cold War

By Richard A. D'Aveni
July 11, 2022

China’s ability to manage its economy and undermine the American capitalist model is still strong. This excerpt from Richard D'Aveni's prescient "Strategic Capitalism: The New Economic Strategy for Winning the Capitalist Cold War" outlines what to do to improve the American model.

2022-09-26T12:33:48-04:00#Book excerpt #Richard D'Aveni #Strategic capitalism |
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Supply-Side Tools for a Supply-Side Problem

By Staff
June 20, 2022

An effective response to inflation – and to the more systemic supply demand mismatch that threatens the US economy – requires pairing the Fed’s monetary policy band-aids with investment in supply.

2022-08-02T14:27:11-04:00#Federal Reserve #inflation #Supply |
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If Washington Wants to Beat Inflation, It Needs to Lean into Tariffs – Not Relax Them

By Staff
June 6, 2022

The answer to inflation is not to ease tariffs. It is to stop with the band-aids. The US should see inflation as the motivation to invest in domestic production; tariffs as the market opportunity to do so.

2022-08-02T14:30:35-04:00#China #inflation #Raimondo #tariffs |
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The Era of One Grand Bargain Is Over: Today’s Competition Demands Thousands of Bargains

By Staff
May 29, 2022

The United States needs to reclaim control over international industry. Doing so requires working with its allies and partners. But the United States will have to do so from the ground up, through countless compromises, and skirmishes, with the private sector. This is not an efficient method. But it is the only way to be effective.  

2022-08-02T14:31:51-04:00#Asia #competition #public-private partnership |
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  • force distance times
  • force distance times force distance times

Tariffs are Not the Reason for Inflation. They’re How to Fix It

By Staff
May 7, 2022

The answer to inflation is not to ease tariffs. It is to stop with the band-aids. It is to keep tariffs up, but also to take the proactive measures that they are supposed to encourage: The US should see inflation as a push to invest in domestic production; tariffs as the market opportunity to do so.

2022-08-02T14:39:22-04:00#China #inflation #tariffs |
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The Economy Is Shrinking. That’s Not a Good Thing.

By Staff
April 29, 2022

The optimistic take is first, that Washington sits at the perfect inflection point to adjust economic policies that contributed to this imbalance – and, second, that early indications suggest the private sector may already be taking the lead, whether Washington adjusts or not.

2022-08-02T14:42:26-04:00#Economy #GDP #Supply |
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We Can Avoid Recession. But We Need to Fix Supply

By Staff
April 22, 2022

What if, in addition to immediate, demand-side monetary policy quick fixes, Washington was to set about investing in production of critical inputs, manufacturing facilities, and improved logistics systems? It’s entirely possible, and necessary.

2022-08-02T14:45:09-04:00#Federal Reserve #inflation #Supply |
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Breaking the Inflation Cycle: A Roadmap for Domestic Resilience

By Staff
April 15, 2022

We need a gameplan for domestic resilience so that today's inflation crisis does not continue indefinitely and does not recur. We need to rethink our permissive approach external dependencies; to make sure that we can make more – and more of what is foundational to economic functioning -- at home.

2022-08-02T14:47:48-04:00#frameworks #inflation |
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The Amazon Playbook for Long Term Competitiveness

By Staff
April 11, 2022

In its board rooms and on the ground, Amazon is deliberately adopting frameworks and investments designed to foster long-term competitiveness, even what that comes at the expense of quarterly returns or shareholder enthusiasm.

2022-08-02T14:48:37-04:00#Amazon #competition #satellites |
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China’s COVID-19 Lockdown Should Bring Production Back to America

By Staff
April 8, 2022

China’s COVID-19 debacle could be precisely the impetus the US needs to get serious about rebuilding supply chains. These should provide markets a prod to start pricing in the real costs of offshoring – and Washington justification for dedicated, emergency investments in domestic industry.

2022-08-02T14:50:18-04:00#China #COVID-19 #DPA #supply chains |
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How Huawei Should Push the US to Reframe Commercial Success

By Staff
April 3, 2022

Huawei's annual report should be the push we need to start measuring success in terms of either competitive production or control over production – and to start investing in those.

2022-08-02T14:51:00-04:00#competition #Huawei #metrics |
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