Foreign Policy

Marijuana legalization won’t curb Mexico’s drug cartels

BY RYAN C. BERG Mexico is poised to become just the third country in the world to fully legalize marijuana (after Uruguay and Canada). If legalized, the size of the country would make it the world’s largest legal cannabis market. Already, headlines are

Foreign Policy

China’s economy probably shrank in 2020

BY DEREK SCISSORS The Chinese Communist Party appreciates American media praise. Yes, China halted COVID-19 and engineered a clear economic recovery. But the party has always denied or distorted major mistakes. Last year it lied about initial virus spread and, consequently, about

Foreign Policy

Alexei Navalny’s calculated risk

BY LEON ARON On his return from Germany, where he recuperated from an attempt on his life by Russian secret services, Russian opposition leader Alexei Navalny was arrested at the airport and sentenced to 30 days in prison for allegedly violating the

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American funding of China is becoming dangerous

BY DEREK SCISSORS Key Points American investment in the People’s Republic of China probably exceeds $1 trillion, most occurring in the past six years. The vast majority is portfolio investment—holdings of bonds and, especially, small equities stakes. The amount is

Foreign Policy

Report envisions partial decoupling from China

BY DEREK SCISSORS Key Points Partial decoupling from China is overdue. The People’s Republic of China (PRC) suppresses foreign competition and infringes intellectual property. It is an ugly dictatorship at home and increasingly aggressive overseas. Decoupling involves a range of

Foreign Policy

A ‘WHO’ for democracies

BY JOHN YOO The pandemic has thrown the defects of the existing world order into sharp relief.  Most obviously, it has exposed the deficiencies of the World Health Organization (WHO) due to excessive Chinese influence over its leadership. On May