Japan warned on Monday that a row over the SouthChina Sea could damage “peace and stability” in Asia as China stalled on a plan to ease tensions and disagreements flared between the Philippines and Cambodia over the dispute. The acrimony provided an uneasy backdrop to U.S. President Barack Obama‘s arrival in Cambodia for a regional summit […]
Russia’s T-50 stealth fighter prototype, the first radar-evading warplane outside the U.S. when it debuted in January 2010, is slightly less stealthy than the American F-22 and about equal to the smaller F-35. But in several other respects the new warplane from the Russian Sukhoi design bureau is actually superior to the American models. That’s the […]
For China bulls, things are starting to look up. The property market has been showing signs of life, and October retail sales, investment, and industrial production have come in above forecasts. A manufacturing index also showed improvement, and exports increased 11.6 percent in October, the fastest pace in five months. Yet one figure is going in […]
It’s official: Europe has double-dipped. The 17-country euro zone has fallen into its second recession since 2008, as figures released on Nov. 15 showed gross domestic product declining 0.1 percent during the third quarter. That followed a 0.2 percent contraction during the previous three months, according to the European Union’s statistics office. There were some […]
Barack Obama became the first American president to visit Myanmar on Monday, using a six-hour trip to balance U.S. praise for the government’s progress in shaking off military rule with pressure to complete the process of democratic reform. Obama, greeted by enthusiastic crowds in the former capital, Yangon, met President Thein Sein, a former junta […]
China’s central bank governor said convertibility will be the next step in the overhaul of the exchange-rate system as calls grow for the nation’s new leadership to deepen changes in the economy to sustain growth. “For the central bank, I think the next movement related to the yuan is going to be reform of convertibility,” Zhou Xiaochuan said at […]
Southeast Asian leaders sought to ease tensions with China over maritime disputes before a regional summit tomorrow involving U.S. President Barack Obama as concerns persist over weaker demand in the global economy. The Association of Southeast Asian Nations will confine discussions on a set of rules for operating in the South China Sea to the bloc’s meetings with China, […]
For many, India is a natural balancer in this region. New Delhi struck roots here hundreds of years ago, and there are signs all around. But in the current strategic debate roiling the region, India is a peripheral presence. New Delhi’s only statement so far has been to endorse the importance of ensuring freedom of […]
The Philippines has fired its first political salvo at China and Cambodia ahead of upcoming regional summits, calling on the 10 members of the Association of South East Asian Nations (ASEAN) to forge a united front over the South China Sea dispute. Speaking to reporters ahead of the ASEAN and East Asia Summit, which is […]
THE port of Barcelona, Spain’s third-busiest, used to handle more imports than exports. This has now turned around, says Santiago Garcia-Milà, the port’s deputy general manager; among many other things, ships are now for the first time taking cars off to China. The European Commission believes that this year exports of goods and services from […]
looking beyond borders 