Response to: Yang, Y. Tony. "China's Beautiful Biotech Chaos vs West's Elegant Paralysis." Asia Times, December 28, 2025. https://asiatimes.com/2025/12/chinas-beautiful-biotech-chaos-vs-wests-elegant-paralysis/. Here's a statistic that should end the "race" metaphor: one-third of all Western Big Pharma acquisitions now originate from Chinese laboratories. The chaotic experimentation happens in Shanghai; the billion-dollar validation checks are signed in New York. The Global … Continue reading The Biotech Supply Chain Hiding in Plain Sight
Tag: China
When the Tower Can’t Be Rebuilt: What Institutional Economics Misses About the Next Decade
Rebecca Patterson's recent New York Times essay uses a Jenga tower as a metaphor for the American economy in 2025. Blocks are being removed—small businesses cutting jobs, federal layoffs, consumption concentrating among the wealthy—while AI companies pile massive investments on top. Eventually, she warns, Jenga towers fall down. She's right about the instability. But the … Continue reading When the Tower Can’t Be Rebuilt: What Institutional Economics Misses About the Next Decade
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