Behind China’s Balloons, a Push for Business to Serve the Military

WASHINGTON — A People’s Liberation Army veteran turned drone manufacturer. A Shanghai real estate company that wagered there was more profit in high-altitude airships. An eminent Chinese aviation scientist who started more than a dozen companies to commercialize his expertise. Each sought to help their business by supporting China’s military modernization. Each now stands accused by the United States of helping to build China’s spy balloons. The international fracas over those high-altitude balloons has thrown a light on China’s program of “military-civil fusion.” Xi Jinping, China’s leader, has pushed the…

How the Computer Chip Shortage Could Incite a U.S. Conflict With China

But Taiwan and its semiconductors are far more important to America’s economy than Ukraine is — meaning it would very likely be far more difficult for the United States to stay out of a conflict involving Taiwan. Taiwan accounts for half of the overall production of microchips that are critical to the functioning of mobile phones, consumer electronics, cars, military equipment and more. South Korea, the nearest competitor, has about 17 percent of the overall market. But Taiwanese chips are the smallest and fastest, and its foundries account for 92…