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“Overcapacity” has become a geopolitical buzzword, particularly when Western nations, led by the United States, accuse China of flooding the global market with excess industrial production. But beneath the headlines lies a deeper question: Is this term applied fairly, or is it selectively used as a tool for economic leverage? 1. Setting the Scene: What Is “Overcapacity”? “Overcapacity” typically refers to a country or company’s production abilities that exceed its domestic demand—forcing excess supply onto global markets, often at subsidized prices.… Read more

America’s national debt is no longer a distant concern debated solely in the halls of Congress or among ivory-tower economists. It is an immediate and mounting crisis with far-reaching effects already rippling through households, job markets, and investment portfolios across the country. Once considered a long-term theoretical issue, the consequences of unchecked borrowing have begun to materialize in the daily lives of ordinary Americans—affecting everything from mortgage rates to retirement security.As… Read more

On May 28, 2025, U.S. Secretary of State Marco Rubio announced that the United States will begin revoking visas of select Chinese students, particularly those studying in “critical fields” or with connections to the Chinese Communist Party. This move, under President Donald Trump’s administration, is part of a broader effort to scrutinize U.S.-China academic ties due to national security concerns. The crackdown comes amid increasing Republican criticism of Chinese access to U.S.… Read more

The United States allocates nearly $1 trillion annually to defense, emphasizing global military dominance, while China spends significantly less on its military but balances this with robust investment in education. China’s strategy includes modernizing its armed forces and expanding access to quality education, aiming to strengthen long-term economic and technological capabilities. In contrast, the U.S. faces challenges in balancing its heavy defense budget with underfunded educational priorities. These divergent spending patterns reflect each nation’s strategic vision and will shape their future roles in global leadership and innovation.… Read more

President Trump’s April 2025 announcement of a sweeping reciprocal tariff policy—anchored by a 10% baseline tariff on all imports, with the potential for higher country-specific rates—marks a significant and controversial reorientation of U.S. trade strategy. This policy is intended to address long-standing trade deficits and perceived unfair trading practices by demanding that foreign governments match the United States’ tariffs and open their markets to American goods at levels deemed equitable. The administration frames the move as part of a broader “America First” economic agenda, designed to bolster domestic manufacturing, reassert national economic sovereignty, and reduce reliance on global supply chains that, according to its architects, have hollowed out American industry and exposed vulnerabilities in times of crisis.… Read more

For years, the United States has imported vast quantities of goods from China, but the way it “pays” for those imports is far more complex than simply exchanging money for merchandise. Rather than settling balances with tangible exports or direct payments, the U.S. leverages its unique position as the issuer of the world’s primary reserve currency — the U.S. dollar — and issues debt that China and other countries often purchase.… Read more