SINCE the days of Park Chung-hee’s often brutal dictatorship (he seized power in 1961 and was assassinated in 1979), South Korea has transformed itself as a democratic nation. Its politics, enlivened by occasional fisticuffs in the National Assembly, are among the most vibrant in Asia. The bid by the late strongman’s daughter, Park Geun-hye, to […]
Horrible history can make for poor diplomatic and political tiesdoesn’t always make for bad business. India and China are as good an example of this adage, as China and Japan are too. Henry Kissinger’s book On China begins with a fascinating snippet of what is being discussed fiercely in India these days – a border war 50 years […]
The global economy is facing its third major brake on expansion in five years as emerging markets slow from China to Brazil, provoking debate about how much policy makers should respond. Three years after industrializing nations led the world out of the U.S. mortgage meltdown-induced recession, the reliability of the power source is waning as […]
Preparing for a recent trip to Indonesia last week, I came across an article by Meidyatama Suryodiningrat, the editor of the feisty Indonesian daily Jakarta Post, protesting that the Obama administration’s “pivot” to Asia seemed too much like an attempt to start a cold war against China, with the help of its neighbors. America’s “economic intentions and wherewithal” in […]
Chen Shin-chi smiles through his dentures and drops down to the dusty floor of a jail cell to do a push up. He looks up at the crowd watching him, smiles again, and flips on his back to perform sit-ups, his body stretching almost the entire length of the three-by-two-meter cell. In 1968, he lived […]
PARISIANS are in a tizz about capitalism. New Yorkers get stressed about sex. In Seoul and San Antonio, Texas, 11,000km apart, citizens fret about the relationship between humans and apes. What goes into school textbooks—and, even more, what is left out—spurs concern and controversy all over the world. And so it should. Few, if any, […]
Federal Reserve Chairman Ben S. Bernanke tried to refute arguments the U.S. central bank’s record stimulus is causing destabilizing flows of capital to emerging-market economies. “It is not at all clear that accommodative policies in advanced economies impose net costs on emerging market economies,” Bernanke said today in prepared remarks for a seminar in Tokyo on the last day of […]
“Potemkin villages,” I scribble onto a scrap of paper for the interpreter, Mr. Kim. “What does that mean?” he asks. “It means that you are just showing us facades here to feign growth and progress, just as the Russian Prince Potemkin once did,” I reply. “You should google it. “That, though, is not an option […]
China and Japan, the world’s second- and third-biggest economies, indicated support forEurope’s new rescue fund as they pushed for quick implementation of measures to solve the region’s crisis. China will “cooperate” with the European Stability Mechanism, a permanent 500 billion-euro ($648 billion) fund that started this week, People’s Bank of China Deputy Governor Yi Gang said […]
Just 40 years ago, as my family and I were completing a very pleasant and productive academic year in Japan, we had our first opportunity to visit China. We had been waiting to do so for more than a decade. For me, the highlight of the visit was a four-hour dinner conversation with Prime Minister […]
looking beyond borders 