Commentaries, Analysis, And Editorials -- July 21, 2020

Lockheed Martin, the world’s largest military contractor, is the first American company that the Chinese government has targeted for punishment during the Trump administration. Photo: Reuters

Cissy Zhou, SCMP: China’s Lockheed Martin sanctions reveal limited options in fighting economic war with US

* Because China needs investment inflows from the United States, Beijing must be careful about sanctioning American firms
* Boeing was sanctioned in 2010 for arms sales to Taiwan but continued to do strong business selling planes and parts to China’s commercial airlines

China’s announcement that it will impose sanctions on American firm Lockheed Martin for its involvement in the United States’ arms sale to Taiwan has highlighted a harsh reality for Beijing: it has far fewer choices to inflict pain on American businesses than Washington does against Chinese firms in the escalating conflict between the world’s two biggest economic powers.

Lockheed Martin, the world’s largest military contractor, is the first US company that the Chinese government has officially targeted for punishment since US President Donald Trump moved into the White House. However, Beijing has not released details of the sanctions.

The naming of Lockheed Martin marks a step further in Beijing’s careful strategy of hurting US businesses while trying to avoid damaging its own interests.

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Commentaries, Analysis, And Editorials -- July 21, 2020

“For Our Enemies, We Have Shotguns”: Explaining China’s New Assertiveness -- Andrew Small and Dhruva Jaishankar, War On The Rocks

Is a China-US “Rivalry Partnership” Possible? -- Mohamed A. El-Erian, Project Syndicate

A New U.S. National Security Strategy: A World Transformed -- National Interest

A second ISIS wave is lurking in the dark -- Faisal Al Yafai, Asia Times

The mistaken identity that led to Australian soldiers allegedly killing the wrong man -- Mark Willacy and Rory Callinan, ABC News Online

From Russia with love: How damaging is the 'Russia Report' for the UK? -- Rob Mudge, DW

What does the Russia report mean for British people and politics? -- Luke Harding, The Guardian

What the WTO leadership race reveals about the body's shaky outlook -- Ido Volk, New Statesman

Why the atomic bombing of Hiroshima would be illegal today -- Katherine E. McKinney and Scott D. Sagan, Bulletin of he Atomic Scientists

Actual Covid-19 case count could be 6 to 24 times higher than official estimates, CDC study shows -- Andrew Joseph, STAT

38 Million Americans Have Coronavirus? CDC Says It Could Be Possible -- Ethen Kim Lieser, National Interest

What happens next, as coronavirus vaccine trials move to a new phase? -- Simone McCarthy, SCMP

We're one step closer to a coronavirus vaccine. But what happens from here? -- ABC News Online

Without a Vaccine, Herd Immunity Is Our Only Hope -- Joy Pullmann, The Federalist