Weaken the yen: That has been a desperate plea by the captains of Japanese industry for years as the strong currency has hurt such exporters as Sony and Toyota. Reversing the yen’s rise was a major goal of Liberal Democratic Party leader Shinzo Abe during his successful campaign against incumbent Prime Minister Yoshihiko Noda last month. Sure […]
Sixty-two legislators sit on the House Armed Services Committee, the largest committee in Congress. Since January, 2011, when Republicans took control of the House, the committee has been chaired by Howard P. McKeon, who goes by Buck. He has never served in the military, but this month he begins his third decade representing California’s Twenty-fifth […]
Over the past year, as Japan has engaged in ugly territorial tussles with China and South Korea, outside observers have fretted about the country’s shift to the right. That trend seemed to be confirmed by the election of the conservative Shinzo Abe, who returned to office as prime minister last December, having previously served in […]
While Japan’s dispute with China over the Senkaku/Diaoyu islands has been notable for a number of reasons — mostly negative — one of the few positive elements has been the refusal of either side to send in the military. That may have changed with the recent deployment of Chengdu J-10 and Mitsubishi/Boeing F-15 fighter aircraft after a Chinese […]
China’s growth rebound may be capped by a labor-force squeeze and shrinking resources that leave the government satisfied with rates of expansion as low as half the peak during the past decade. A pace of 7 percent to 8 percent reflects economic forces, Ma Jiantang, head of the National Bureau of Statistics, said on Jan. 18 after reporting […]
CHINA and Japan are sliding towards war. In the waters and skies around disputed islands, China is escalating actions designed to challenge decades of Japanese control. It is accompanying its campaign with increasingly blood-curdling rhetoric. Japan, says the ChinaDaily, is the “real danger and threat to the world”. A military clash, says Global Times, is now “more […]
Four years ago world leaders, meeting in the G20 crisis session, agreed they would all work to move from recession to growth and prosperity. They agreed to a global growth compact to be delivered by combining national growth targets with coordinated global interventions. It didn’t happen. After the $1 trillion stimulus of 2009, fiscal consolidation became the established order […]
China’s more assertive foreign policy over the last two years has played a key role in getting two arch-conservatives — Japan’s Shinzo Abe and South Korea’s Park Geun-hye — elected to lead their respective countries. Some Chinese observers believe that Abe and Park will be forced by China‘s inexorable rise to come to terms with their giant neighbor. Don’t count on it. To […]
The US and Russia don’t agree on much – but they are both keen to develop a good relationship with India. How do we know? Look at the arms trade. Read Here – The European
If you believe the rhetoric, Britain is coming back as a security player in Asia. It may not be exactly a reversal of the 1971 East (from London’s perspective) of Suez withdrawal. But on January 18th British Defense Secretary Philip Hammond and Foreign Secretary William Hague are due to visit Perth, Western Australia, to talk […]
looking beyond borders 