Some Major Japanese Companies Announce Factory Shutdowns In China Ahead of More Protests Over A Territorial Dispute Between Asia’s Two Biggest Economies.

China’s worst outbreak of anti-Japan sentiment in decades led to weekend demonstrations and violent attacks on well-known Japanese businesses such as car makers Toyota and Honda, forcing frightened Japanese into hiding and prompting Chinese state media to warn that trade relations could now be in jeopardy. Another outbreak of anti-Japan sentiment is expected across China on Tuesday, […]

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U.S. Economic Stagnation Could Jeopardise Its Pacific Pivot

In a matter of weeks, the Australian government will release a White Paper entitled “Australia in the Asian Century.” According to my sources, the report will look at how Australia can best exploit future economic opportunities in the region focusing on China, Japan, South Korea, Vietnam, Indonesia and India. Conspicuously absent from the primary analysis […]

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Confucian Comeback: China Remains Divided Over Reviving its Ancient Sage, Says Melinda Liu

In Tiananmen Square last year, when the stolid National Museum of China reopened its doors following a costly renovation, a 31-foot-tall statue of Confucius stood outside. A short while later the statue mysteriously disappeared. The museum offered no explanation. But speculation ran high that as the decade-old effort to reinsert Confucius into Chinese society has […]

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Pacific Trade Accord Raises Difficult Issues: IISS

A new free-trade agreement is under negotiation in the Asia-Pacific. If the talks are successful, the Trans-Pacific Strategic Economic Partnership Agreement (TPP) will bring closer together at least 11 economies in East Asia and the Americas. But it faces many hurdles, and raises broader geopolitical issues. For example, China, the world’s second-largest economy, is not part of […]

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New Ships Give China’s Navy A Stronger Punch

In the latest step in its naval modernization and expansion, China recently announced that it is accelerating serial production of an advanced destroyer. This will tilt the regional balance of power at sea in its favor and put it in a stronger position to enforce its sovereignty claims over Taiwan and in the South and […]

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As China Slows, Australia Feels The Pain

The last time Australia was mired in recession, Boris Yeltsin had yet to stand on a tank in Moscow, and the Clinton era hadn’t begun. In 1991, Australian trade with China was a modest A$3.6 billion (about the same in U.S. dollars). In the preceding decade unemployment had averaged 7.8 percent, as Australia struggled to develop tourism […]

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China’s Princelings Are Running Amok. And Bo Xilai Is Just The Tip Of The Iceberg

Some of China‘s most respected public intellectuals are warning that society and economy are being held hostage to the wealth-maximizing requirements of the political elite. These warnings echo privately in business circles, too, where entrepreneurs continue to be enthralled by the prospects of short-term profits but increasingly alarmed about their personal and financial security. Officials in developed […]

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