
Inflation Down, Manufacturing Up, Trumpian Free Enterprise Is Working
By LAWRENCE KUDLOW
|It was met with stunning disillusion in Asia.

President Carter’s decision in December 1978 to recognize Beijing as the capital of China, for which he’ll be remembered, was a shock to Taiwanese mesmerized into believing Washington would never forsake them. The Americans had treated Taipei as the rightful capital of all China ever since Generalissimo Chiang Kai-shek’s defeated forces had fled to the island province as Mao’s Red Army stormed to victory in 1949.

By LAWRENCE KUDLOW
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By LUKE FUNK
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By THE NEW YORK SUN
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By LUKE FUNK
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By THE NEW YORK SUN
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By BENNY AVNI
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By GEORGE WILLIS
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By BRADLEY CORTRIGHT
|President Carter’s decision in December 1978 to recognize Beijing as the capital of China, for which he’ll be remembered, was a shock to Taiwanese mesmerized into believing Washington would never forsake them. The Americans had treated Taipei as the rightful capital of all China ever since Generalissimo Chiang Kai-shek’s defeated forces had fled to the island province as Mao’s Red Army stormed to victory in 1949.
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