July 31: Thinking big on China

Change of pace this week with a topical essay on thinking strategically about China

For those who read my alert last weekend on the flooding in China, so far, Three Gorges Dam is still holding, but the floods upriver are devastating and the damage is in the tens of billions. It’s expected that even if the dam doesn’t break, the devastation will still be bad enough to set the economy back.

I, and others (see link), noted that such devas…