Beijing’s Chokepoint
China spent years buying discounted Iranian oil. The bill arrived at Hormuz.
China spent years buying discounted Iranian oil. The bill arrived at Hormuz.
One year ago, the Chinese battery giant CATL announced that it had redefined the limits of electric cars by creating a battery that could power a vehicle for 320 miles on a 5-minute charge.
When Iran called the Strait of Hormuz its territory, one hundred thirteen countries disagreed.
By Nina L. Khrushcheva, Project Syndicate | May 13, 2026
Central banks’ purchases and repatriation of gold are on the rise, and both should be viewed as a symptom of deglobalization. They signal the advent of a more geopolitically fragmented world in which cross-border transactions of all kinds are poised to become more difficult and costly.
In 2024, the America First movement earned significant electoral gains among young voters, especially young men.
The summit is a photograph unless President Trump forces Xi to move on Iran.
Xi Jinping is purging the men he handpicked. The army he is left with cannot fight the war he keeps threatening.
Beijing is funding a regime that is killing American troops. Conducting a state visit now rewards the patron.
The Strait of Hormuz was studied for decades before it became a crisis this spring. The same pattern is now running through the federal budget, the universities, and the healthcare system.
Last month, 20 of 21 groups saw optimism fall. This month, 20 of 21 saw stress fall. But the headline sentiment index barely budged. Relief is not the same thing as recovery.