Sex Scandals, IPOs, Succession Shaped Asia’s 2012

Few people are happier to see 2012 end than Hu Jintao, Yoshihiko Noda or Lee Myung Bak. It was a rocky year for the leaders of China, Japan and South Korea, who leave office with legacies in tatters. Gripes about President Hu doing little about China’s biggest challenges outnumbered the accolades. Noda’s premiership ended as ingloriously as those of the […]

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East Asia: Stop Squabbling, Start Drilling

Large oilfields often don’t fall neatly within national boundaries. Intent on securing underground or undersea reserves, nations contest territorial claims. China battles Japan for the Diaoyu/Senkakku Islands and ASEAN members for large sections of the South China Sea. Settling disputes quickly is in the interest of all claimants, particularly those with less technological expertise, suggests […]

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Big Summits, Old Problems

Outgoing Chinese Premier Wei Jiabao returned to Beijing this week office after disappointing ASEAN and East Asia summits that failed to live-up to years of diplomatic posturing and positioning, designed to protect his country’s territorial ambitions in the South China Sea. The pro-Beijing lobby will no doubt praise his efforts in Cambodia where China successfully thwarted attempts […]

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The Problem With Patriotism

The situation in East Asia is tense. Japan and China, two of the most powerful countries in the world, are locked in a bitter dispute over eight tiny, uninhabited islands in the East China Sea. The volatility of the issue — compounded by the fact that the waters around the islands are rich in natural resources — is […]

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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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